Himachal Pradesh

HIMACHAL PRADESH

state

Incentives & Schemes

For industrial promotion & state economic growth

The government of different states is offering schemes for supporting businesses and creating opportunities to promote the state’s economy.

Himachal Pradesh

Himachal Pradesh is a famous hill state with natural beauty and industrial opportunities. Even the state offers investment opportunities of about $17.03 bn spread across 12 different districts. It has made incredible progress in the sector of industrialization which has resulted in new industrial schemes in Himachal Pradesh.

Several programs are now in place to support and expand the state economy in each of Himachal Pradesh's districts.

 

Here are some Incentives that the government offers for state benefit and development:

  • Central Capital Investment Incentive
  • Project Report and Certification Cost Subsidy
  • Allotment of Land
  • Stamp Duty Concession
  • Transportation Assistance
  • Interest Subvention
  • Employment generation subsidy
  • Patent Filing Cost

Promotion of Thrust Sectors

Himachal Pradesh offers several industrial subsidies and incentives to increase employment opportunities and promote industrial growth in the region.

 

Here are the different thrust sectors in Himachal Pradesh:

  • Floriculture
  • Medicinal herbs and aromatic herbs etc. – processing
  • Honey
  • Horticulture and Agro-based Industries such as: -
  1. Sauces, Ketchup, etc.
  2. Fruit juices & fruit pulp
  3. Jams, Jellies, vegetable juices, puree, pickles, etc.
  4. Preserved fruits and vegetables
  5. Processing of fresh fruits and vegetables including packaging
  6. Processing, preservation, and packaging of mushrooms
  • Food processing industry excluding those included in the negative list
  • Sugar and its by-products
  • Silk and silk products
  • Wool and wool products
  • Woven fabrics (Excisable garments)
  • Sports goods and articles and equipment for general physical exercise and equipment for adventure, sports activities
  • Paper and paper products excluding those on a negative list
  • Pharma products
  • Information & communication technology, Computer hardware
  • Bottling of mineral water
  • Eco-tourism – Hotels, resorts, spas, entertainment/amusement parks, and ropeways
  • Industrial gases (based on atmospheric fraction)
  • Handicrafts
  • Non-timber forest product-based industries

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