Investment Promotion Scheme (IPS) for Thrust Sectors: Assistance For Furniture Sector

Capital Investment Subsidy: 20% limited to a maximum reimbursement of ₹50,00,000/-.

Credit Linked Interest Subsidy: 60% per annum limited to maximum of ₹50,00,000/- per annum for 5 years OR, for the period of repayment of loan whichever is earlier.

Space Rent Subsidy: 50% up to a maximum of ₹5,00,000/- on actual rent paid by Furniture Industry for participation in industrial exhibitions in foreign countries.

Reimbursement on Course Fee: 50% of the course fee limited to ₹75,000/- per person for training in manufacture of modern furniture in reputed institutions will be reimbursed for a maximum of 5 persons per industry course.

Power Rate Incentive: ₹1/- per unit as reimbursement for a period of one year subject to a maximum of ₹50,00,000/- Lakhs from date of commencement of production.

Reimbursement on the cost of establishment of Showroom:

Owned Showroom: 20% limited to maximum of ₹50,00,000/-.

Rented Showroom: 25% of actual rent for 3 years for a showroom with a minimum size of 2000 square feet.

Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.

The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.

Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.

Enterprise shall have to apply at online portal within one year from the date of eligibility.

Online

Registration Process:

Step 1: Visit the Registration page of the Official Website.

Step 2: Provide the information in the respective input spaces and click on “Register”.

Step 3: Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Please Check the Spam).

Step 4: Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.

Step 5: Now enter “111111” as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.

Step 6: On successful registration the login credentials will be received in the registered email.

Application Process:

Step 1: Visit the user Login page of the Official Website.

Step 2: Enter registered Mobile Number along with PIN sent on your email then click “Log In”.

Step 3: On successful Log In, from the left side menu bar click on “Departments & Services” tab.

Step 4: Scroll down to “District Industries Centre DD & DNH” and click on the “Click Here” button to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.

Step 5: “Common Application Form” will be open. Enter all the details in required input fields and upload all the mandatory documents.

Step 6: After successful entry of the information, verify all the details and click on the “Submit” button to complete the application process.

Helpdesk:

District Industries Centre,

Contact No.: 0260-2260871 / 0260-2260310

E-mail Address: dic-dd@nic.in

For Technical Assistance on Single Window Portal (i.e. https://investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : ddegs-dd@nic.in

Corporate Identification Number (CIN) Document.

Taxpayer Identification Number (TIN) Document.

Permanent Account Number (PAN) Document.*

Goods and Services Tax Number (GST) Document.

Other Registrations Document.

Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable.

Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/Private Limited companies.

Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land).

Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building).

Copy of sanction order from Electricity Department for power supply with copy of the latest bill.

Authorization letter.

Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021).

Copy of Factory licensee.

Undertaking.

Proof of Participation in Exhibitions.

Certified bills by a Chartered Accountant.

Bank Statement.