Financial Assistance to Industrial Parks: Infrastructure Facilities
Financial Assistance for Industrial Parks in Gujarat
The “Financial Assistance to Industrial Parks” scheme is a significant initiative under the Gujarat Industrial Policy, aimed at fostering industrial development in the state. This program provides financial support, promotes the adoption of modern technologies, and enhances the infrastructure facilities available to industrial parks and clusters. Launched by the Industries and Mines Department of Gujarat, this scheme is set to operate from August 7, 2020, until August 6, 2025.
Overview of the Scheme
The primary focus of the “Financial Assistance to Industrial Parks” scheme is to stimulate industrial growth by offering financial aid for infrastructure development. The “Infrastructure Facilities” component is particularly designed to incentivize the establishment of industrial parks by reimbursing a fraction of the eligible fixed capital investments incurred by the developers.
Key Benefits
- Comprehensive Infrastructure Support: The scheme facilitates the development of essential infrastructure, including roads, power supply, water systems, and communication networks, crucial for the smooth operation of industrial activities.
- Residential Facilities Aid: Developers can receive financial assistance covering up to 25% of the construction costs for hostels or dormitories intended for resident workers, with a maximum cap set at ₹20,00,00,000.
Eligibility Requirements
To qualify for this scheme, the following entities are eligible:
- Industries Associations
- Any enterprise registered under the Societies Act
- Partnership firms
- Trusts
- Companies
- Special Purpose Vehicles (SPVs) formed specifically for the purpose of developing an Industrial Park
Exclusions from Assistance
The scheme outlines specific exclusions where assistance will not be provided. These include:
- Expenditures on land acquisition and land development
- Goodwill fees, commissioning fees, and royalty payments
- Preliminary and pre-operative expenses
- Capitalized interest during the project duration
- Costs related to transportation equipment or vehicles
- Technical or consultancy fees
- Working capital expenses or any items not explicitly stated as eligible
- Any other costs deemed ineligible by the State Level Empowered Committee (SLEC)
Application Process
Online Registration Steps:
- Access the Investor Facilitation Portal (IFP). Click on “New Investor Registration” to obtain the registration form.
- Complete the registration form and click “Submit”.
- Verify your email address using the link sent to your registered email.
- Upon successful verification, your registration will be complete.
Post-Registration Steps:
- Visit the Investor Facilitation Portal (IFP) and click “Login”.
- Input the email address and password you registered with.
- Click the “Login” button to access your account.
- Submit the necessary details and required documents about your business to finalize the application process.
Helpdesk
For assistance, please Contact Here.
Official Information
For more details, visit the official source at myScheme.gov.in.
Meta Information
- Eligibility: Industries Associations or any enterprise registered under relevant laws can develop an Industrial Park under this scheme.
- Benefits: The scheme supports infrastructure development and provides up to ₹20,00,00,000 for residential facilities.
- How to Apply: Follow the outlined steps for online registration and application submission.
Eligibility Criteria
Industries Association / any enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Industrial Park shall be eligible to develop Industrial Park under this scheme.
Benefits
Comprehensive Support: Development of critical infrastructure like roads, power, water, and communication for industrial operations.
Support for Residential Facilities: Up to 25% of the cost of constructing hostels or dormitories for domiciled workers, with a maximum limit of ₹20,00,00,000/-.
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 Here
References & Official Links
Scheme Details
| Full Name | Financial Assistance to Industrial Parks: Infrastructure Facilities |
| Short Title | FAITIF |
| Level | State |
| Scheme For | Infra |
| Categories | Business & Entrepreneurship |
| States | Gujarat |
| Close Date | 2025-08-06 |
| Gender | All |
| Age Range | Any — 25 years |
| Area | Both |
| Source | www.myscheme.gov.in ↗ |
Deepika Raikwar · 📅 07 Jun 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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