Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy
The “Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries” aims to strengthen the overall industrial ecosystem in the State and also enable a larger set of manufacturing companies to emulate the adoption of clean energy and make them future-ready to compete in global markets.
About This Scheme
The “Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries” is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state’s dynamic mega-industry sector, which significantly contributes to employment, GDP, and exports. Effective from October 5, 2022, to October 4, 2032, this initiative supports growth, investments, and the vision of “Aatmanirbhar Gujarat” and “Aatmanirbhar Bharat.”
The component “Assistance of Interest Subsidy” offers a fixed quantum of interest subsidy for new industrial setups or expansion projects, facilitating industrial investments and encouraging economic development.
Benefits
Substantial Interest Reduction:
Interest Subsidy: @7% on the term loan.
Capped Amount: A maximum of 1.2% of eligible fixed capital investment per annum for 10 years.
Eligibility Criteria
The mega industry must operate as a manufacturing unit.
The unit must have a minimum investment of INR 2,500 crore in plant and machinery.
The unit must provide direct employment to at least 2,500 persons.
The unit must belong to one of the thrust sectors as defined in the
Guidelines
(Refer Page No. 9).
New industrial units or expansion projects are eligible.
Units must avail of term loans for fixed capital investment from recognized financial institutions.
The unit must bear at least 2% interest on term loans, even if availing of other subsidies.
Units must ensure regular repayment of loan installments.
Application Process
Apply Online
Registration Process:
Step-1: Visit the
Investor Facilitation Portal (IFP)
portal. Click on “New Investor Registration” to access the registration form.
Step-2: Fill in the Registration Form. Click on “Submit”.
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
Post-Registration Process:
Step-1: Visit the
Investor Facilitation Portal (IFP)
portal. Click on “Login”.
Step-2: Enter the email address and password you used during registration.
Step-3: Click the “Login” button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk:
Contact Us.
Mega Industrial Unit
A mega industrial unit means an industrial undertaking in thrust sectors having investment in Plant and machinery of at least INR 2,500
crore, AND which provides direct employment to at least 2500 persons. The Mega industrial unit must have obtained acknowledgement/ registration, as the case may be from DPIIT.
Gross Fixed Capital Investment (GFCI)
Gross Fixed Capital Investment means the investment made in land, building, plant and machinery, utilities, tools and equipment, and other fixed assets required to manufacture the end product.
Assets acquired and paid for during the eligible investment period of the project under this scheme shall be considered for determining the gross fixed capital investment.
Eligible Fixed Capital Investment (EFCI)
Eligible Fixed Capital Investment means following investment made on or after the date of issue of this GR and upto the last date of eligible investment period as per para 3 of this G.R. Provided that, mega industrial units opting /applying under this scheme as per clause 17.2 or clause 17.3 of this scheme, the investment made during the operative period of the previous scheme till the date of issue of this GR shall also be considered for calculating eligible FCI.
Date of Commercial Production (DaCP)
In case of new industrial unit, the DoCP shall be the date of first sale bill of the product(s) for which the project has been set up. In case of expansion and/or diversification projects, the DoCP shall be the date of first sale bill of the product(s) being manufactured by the
expansion and/or diversification project.
Official Source: View on myScheme.gov.in
Eligibility Criteria
The mega industry must operate as a manufacturing unit.
The unit must have a minimum investment of INR 2,500 crore in plant and machinery.
The unit must provide direct employment to at least 2,500 persons.
The unit must belong to one of the thrust sectors as defined in the Guidelines
(Refer Page No. 9).
New industrial units or expansion projects are eligible.
Units must avail of term loans for fixed capital investment from recognized financial institutions.
The unit must bear at least 2% interest on term loans, even if availing of other subsidies.
Units must ensure regular repayment of loan installments.
Benefits
Substantial Interest Reduction:
Interest Subsidy: @7% on the term loan.
Capped Amount: A maximum of 1.2% of eligible fixed capital investment per annum for 10 years.
Application Process
Apply OnlineRegistration Process:
Step-1: Visit the Investor Facilitation Portal (IFP)
portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
Post-Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP)
portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk: Contact Us.
References & Official Links
Scheme Details
| Full Name | Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy |
| Short Title | AGSMAIS |
| Level | State |
| Scheme For | Infra |
| Categories | Business & Entrepreneurship |
| States | Gujarat |
| Gender | All |
| Age Range | 2 — Any years |
| Area | Both |
| Source | www.myscheme.gov.in ↗ |
Deepika Raikwar · 📅 21 Apr 2026
Deepika Raikwar is an Education Analyst and scholarship researcher who focuses on public welfare and merit-based scholarships. She simplifies complex eligibility rules, deadlines, and application processes to help common people access reliable funding opportunities worldwide.
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