Have a requirement?
Chat with us
Have a requirement?
Chat with us
Nature of Business
Service ProviderLegal Status of Firm
Individual - ProprietorGST Number
24AJXPC3077H1Z0Food Manufacturing Company Subsidy
Get Latest Price
Food Industry-(25%/33%/50%) We are well versed with the various schemes for the development of processed food sector. We will help you avail of maximum incentives in NMFP scheme subsidy limit for Food Processing maximum 50 lacks and backward area 75 lacks ,for cold storage maximum 10cr. or 50% Eligible machine and technical construction
View Complete Details
Clcss Subsidy-for Any Industry
Get Latest Price
Due to insufficient investment and lack of awareness of both the quality standards and access to modern technologies, a large percentage of Micro & Small Enterprises (MSEs) continue with outdated technology and plant & machinery. With increasing competition due to liberalisation of the economy, the survival and growth of the MSMEs are critically dependent on their modernisation and technological upgradation. Upgradation of both the process of manufacture and corresponding plant and machinery is necessary for the small enterprises to reduce the cost of production and remain price competitive at a time when cheaper products are easily available in the global market.
Objective
With the objective of assisting MSMEs in technology upgradation, Ministry of MSME operates a Scheme for technology upgradation of MSEs, called the Credit Linked Capital Subsidy Scheme (CLCSS). The Scheme aims at facilitating technology upgradation by providing upfront capital subsidy to MSEs, including tiny, khadi, village and coir industrial units, on institutional finance (credit) availed of by them for modernisation of their production equipment (plant and machinery) and techniques.
The Scheme
CLCSS provides 15 percent upfront capital subsidy (with effect from 29th September 2005, and 12% prior to that date) to MSEs on institutional finance availed of by them for induction of well established and improved technologies in the specified sub-sectors/products approved under the Scheme. Technology upgradation: Definition: Induction of state-of-the- art or near state-of-the- art technology that would be a significant step up from the present technology level to a substantially higher one involving improved productivity, (and/or) improvement in quality of products, (and/or) improved environmental conditions would constitute technology upgradation.
Eligible beneficiaries:1. Existing MSEs with EM Part II, who upgrade their existing Plant and Machinery with state-of-the-art technology, with or without expansion
2. New MSEs with EM registration, which have set up their facilities only with appropriate eligible and proven technology duly approved by the Governing Technology Approval Board (GTAB), or Technical Sub Committee (TSC) of the CLCSS.
3. The units may be sole Proprietorship, Partner-ships, Co-operative Societies, Private and Public limited companies in the MSE sector.
4. Priority is given to women entrepreneurs
Eligibility Criteria
1. The scheme is applicable only to those units to whom term loans have been sanctioned by eligible banks on or after September 29, 2005. Machinery purchased under Hire Purchase scheme of NSIC is also eligible.
2. If, on account of sanction of additional loan under CLCSS, an industry graduates from small scale to medium scale, it is still eligible for subsidy.
3. It is not necessary for the bank sanctioning loan under CLCSS to seek refinance in respect of term loan sanctioned by it, from refinancing agencies
4. Mere replacement of existing equipment / technology with same equipment/technology will not qualify for subsidy under this scheme.
5. Scheme is not applicable to units upgrading with second hand machinery.
Ceiling On Loan Amount And Subsidy
Maximum limit of eligible loan under CLCSS scheme is Rs. 100 lakhs. Ceiling on subsidy would be Rs.15 lakhs or 15% of investment on eligible Plant & Machinery, whichever is lower.
View Complete Details
Interest Subsidy
Get Latest Price
Spinning o Minimum size of each cotton/ synthetic blended new spinning unit should be of 5,000 spindles. In case of expansion, it should be of additional 5,000 spindles. Weaving (Powerloom) o Investment in plant & machineries as specified in the updated list of textile machinery under T.U.F. Scheme of Government of India. Knitting, Apparel & Machine Carpeting o Minimum investment should be Rs. 5 crores in plant and machineries.1 Name of the Scheme (For Non Textile Manufacturing MSME unit)Scheme for financial assistance by way of credit linked Interest Subsidy to Micro, Small and Medium Enterprises.2 Operative PeriodFrom 27/02/2009 to 26/02/20143 Who will eligible to get the benefit ?The Enterprises which are registered as an industrial unit under MSME Development act, 2006 with respective DIC are eligible to get benefit under the scheme for following purpose: For establishing new enterprises which commence commercial production during operative period of the scheme. For carrying out expansion or diversification with investment more than 50% of its existing gross fixed capital investment. For Modernization of existing unit by investing more than 25% of its existing gross fixed capital investment to upgrade technology by way of adopting new technology/ production
process and/or improving quality of products.4 Assistance Available Interest subsidy of upto 7% for micro enterprises and @ 5% for small and medium enterprises. 1% additional interest subsidy to youth having less than 35 years of age in case of first project. Woman entrepreneurs will be accorded priority. Maximum limit of Rs. 25 lakhs per annum, for 5 years.
View Complete Details
Capital Subsidy for All Manufacturer 15.00 Lakhs
Get Latest Price
Ceiling On Loan Amount And Subsidy Maximum limit of eligible loan under CLCSS scheme is Rs. 100 lakhs. Ceiling on subsidy would be Rs.15 lakhs or 15% of investment on eligible Plant & Machinery, whichever is lower.
Scope of the scheme:The scheme covers identified activities and technology needs under the following sub-sectors:
1. Bio – tech industry
2. Common Effluent Treatment Plant
3. Corrugated Boxes
4. Drugs & Pharmaceuticals – including machinery for Schedule M compliance
5. Dyes and intermediates
6. Medicinal & Aromatic plants based industry
7. Plastic Moulded / Extruded Products and Parts / Components
8. Rubber Processing including Cycle / Rickshaw tyres
9. Food processing ( including Ice cream Mfr)
10. Poultry Hatchery/Cattle feed
11. Dimensional stone industry (excluding quarrying & mining)
12. Glass & Ceramic items, (Insulator ceramic, electrical ceramics, porcelain, bone china ware, stone ware, earthen ware, terra-cotta ceramic) including tiles
13. Leather / leather products incl, footwear & garments
14. Electronic equipment (test, measuring and assembly / manufacturing, industrial process control, analytical, medical, Electronic consumer & communication equipment etc
15. Fans & Motor Industry
16. GLS Lamps
17. Information Technology (Hardware)
18. Mineral Filled sheath heating elements
19. Transformer/Electrical stampings / Laminations / Coils / Chokes including Solenoid coils
20. Wires and cables
21. Auto parts and components
22. Bicycle parts
23. Combustion Devices/appliances
24. Forging & Hand Tools
25. Foundries/ Steel and Cast Iron
26. General Engineering Works
27. Gold Plating & Jewellery
28. Locks
29. Steel Furniture
30. Toys
31. Non ferrous foundry
32. Sports Goods
33. Cosmetics,
34. Readymade Garments
35. Wooden furniture
36. Mineral Water Bottle
37. Paints, Varnishes, Alkyds & alkyd products
38. Agricultural Implements & Post Harvest Equipment
39. Beneficiation of Graphite and Phosphate
40. Khadi & Village Industries
41. Coir & Coir Products
42. Steel Re-rolling & Pencil ingot making
43. Zinc sulphate
44. Welding electrodes
45. Sewing Machine Industry
46. Industrial gases
47. Printing Industry 48. Machine tools
48. Machine tools
49. Copper strip industry
Nodal Agencies:1. SIDBI
2. NABARD
3. State Bank of India
4. Canara Bank
5. Bank of Baroda
6. Punjab National Bank
7. Bank of India
8. State Bank of Bikaner & Jaipur
9. Tamil Nadu Industrial investment Corporation
10. National Small Industries Corporation.
Eligible Primary Lending Institutions:
1. All Scheduled Commercial banks
2. Scheduled Co-operative Hanks
3. Regional Rural Banks 4. State Financial Corporations ( SFCs) Monitoring Of The Scheme: The Scheme is monitored by the Governing & Technology Approval Board (GTAB) of the CLCSSS. Secretary (MSME), Ministry of MSME, Govt of India is the Chairperson of the Board.
View Complete Details
Project Finance
Get Latest Price
Project finance is an innovative financing technique. It is commonly used to fund large scale projects. It is fast catching up as a preferred option for conventional financing. More and more businesses are opting for project finance. We offer a wide range of project finance services to assist our clients. We care about the long term financial needs of our clients. We care about their productivity and business growth. We want to maximizes their leverage and ensure better tax treatment. Now you can focus on your core business while leaving your financial worries to us. Why waste time worrying about arrangement of finances when professional help is just a phone call away? Here is a brief description of our products.
View Complete Details
HSN CodeHSN Description
0902Tea, whether or not flavoured
0910Ginger, saffron, turmeric(curcuma), thyme, bay leaves, curry and other spices-ginger--neither crushed nor ground---fresh
4420Wood marequetry and inlaid wood; caskets and cases for jewellery or cutlery, and similar articles, of wood; statuettes and other ornaments, of wood; wooden articles of furniture not falling in chapter 94
6205Men's or boys' shirts
need
details