Gujarat Textile Policy 2024

1. Eligible activities under the policy

Activity-1Garments, Apparel & Made-ups, Technical Textile activity (Including composite unit)
Activity-2“Weaving (with or without preparatory), Knitting, Dyeing & Processing, Texturising, Twisting, Embroidery and MMF Spinning
to manufacture yam from Polyester Staple Fiber (PSF) / Viscose
Staple Fiber (VSF) (excluding Spinning activity of Cotton and
Synthetic Filament Yarn).

2 Capital Subsidy

Quantum of Assistance
Category of TalukaActivity-1Activity-2
Category-1 and PM MITRA park35% of  eFCI, Maximum INR 100 crore in 5 equal annual installment.20% of  eFCI, Maximum INR 50 crore in 5 equal annual installment.
Category-230% of  eFCI, Maximum INR 100 crore in 5 equal annual installment.18% of  eFCI, Maximum INR 50 crore in 5 equal annual installment.
Category-320% of  eFCI, Maximum INR 50 crore in 5 equal annual installment.10% of  eFCI, Maximum INR 40 crore in 5 equal annual installment.

3 Interest Subsidy

Quantum of Assistance
Category of TalukaActivity-1Activity-2
Category-1 and PM MITRA park7% on Term loan for 8 years; Maximum 3% of eFCI per annum7% on Term loan for 7 years; Maximum 2% of eFCI per annum
Category-27% on Term loan for 8 years; Maximum 2.5% of eFCI per annum7% on Term loan for 7 years; Maximum 2% of eFCI per annum
Category-35% on Term loan for 6 years; Maximum 2% of eFCI per annum5% on Term loan for 5 years; Maximum 2% of eFCI per annum

4. Power Tariff Subsidy

ActivityPower Tariff subsidy
Activity-1INR 1/unit (kWh) Availing power either from DISCOM or Renewable Power through open access for period of 5 years of DOCP.
Activity-2

5. Payroll assistance

ActivityPayroll assistance
Garments, Apparel & Made-ups, (Including composite unit)INR 5000 per female worker & INR 4000 male worker per month
Technical Textile (Including composite unit)INR 3000 per female worker & INR 2000 per male worker per month