Policy for Establishment of Private Industrial Estates and Areas - 2023

Policy for Establishment of Private Industrial Estates/Areas - 2023 offers private developers, companies and partnership firms financial support and infrastructure help to set up industrial estates across Uttarakhand. The policy gives a capital subsidy of ₹10 lakh per acre and a CETP subsidy of up to ₹1 crore to make private industrial development easier.

Implemented by the Micro, Small and Medium Enterprises department of the Uttarakhand government, this scheme invites private promoters to build good quality industrial infrastructure. Individual developers, companies, partnership firms and land aggregators can all take part, and the whole process runs through a clear online application on the Invest Uttarakhand portal.

Policy for Establishment of Private Industrial Estates and Areas - 2023 - Introduction

Policy for Establishment of Private Industrial Estates/Areas - 2023 works as a catalyst to push industrialization across Uttarakhand. The scheme helps private promoters develop professional industrial parks by giving attractive financial support and making the regulatory process easier.

Whether a person is an individual developer, a company or a partnership firm, this policy gives the framework and support needed to strengthen the industrial landscape of the state. The focus is on both the plains and the hilly regions, so investors can set up estates of the right size for the location.

Key Information

Benefits

This scheme gives strong financial support to help developers build infrastructure well. The main incentives are listed below:

Eligibility

An individual, a firm, a company or an institution registered under relevant Indian laws can apply, including entities working under PPP or Joint Venture models. Land aggregators may also apply, provided they have written consent from all landowners.

To run the project well, the following land requirements should be met:

• For projects in plain regions, at least 30 acres of contiguous land is required.
• For hilly regions, the minimum land requirement is 2 acres.
• The land must be legally in possession and free from any encroachment.
• If land is leased, the agreement must be valid for at least 30 years and renewable after that.
• If 80% of the required land is secured but acquisition is a problem for the rest, SIIDCUL can be asked to help, provided a bank guarantee equal to the acquisition cost is submitted.

Application Process

Application for this scheme is done online through the Invest Uttarakhand single window portal. The steps are simple and clear.

STEP 1 - Visit the official portal at Invest Uttarakhand Portal and open the CAF (Common Application Form) tab to submit the initial proposal along with all required documents.

STEP 2 - After receiving in-principle approval, open the Departmental Services tab on the same portal to officially notify the formation of the industrial estate.

STEP 3 - Once the notification is issued, apply for financial incentives through the Incentive tab on the portal.

STEP 4 - The capital subsidy for infrastructure is released in four phases. Each stage of developmental work must be completed to qualify for the next payment.

Documents Required

While preparing the application, valid proof of company or firm registration, clear land title documents, land lease agreements of 30 or more years, and technical layouts of the proposed industrial estate should be kept ready. A financial project report and land aggregation documents, including consent forms from landowners, are also needed as per the official rules.

References

For more details and technical information, these official documents can be referred to:

Comprehensive Policy PDF | English Guidelines PDF | User Manual for CAF

FAQ's

Who qualifies for this scheme?

Individuals, companies, partnerships, LLPs or registered institutions can apply. Entities working under Joint Venture or PPP models and land aggregators with proper landowner consent are also welcome.

What is the minimum land area required?

A minimum of 30 acres is needed for plains and 2 acres for mountainous regions.

Do I need to manage the land myself?

Yes, the promoter or investor is responsible for arranging the land from own sources or through authorized aggregation.

Are leasehold lands acceptable?

Yes, provided the lease agreement is for a minimum of 30 years and includes a renewal clause.

What if my land faces encroachment?

The policy requires the proposed land to be legally held and completely free from any encroachment.

Where do I submit my application?

All applications and documents are submitted online through the official Invest Uttarakhand Portal.

How is the infrastructure subsidy paid?

The subsidy is paid in four phases. Funds are released after the work milestones for each phase are completed.