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Chhattisgarh Investment Promotion for Defence, Aerospace, & Space Technology (2024-30)

Secure Up to 100% Fixed Capital Investment Incentive with Unique Group's Specialized Defence & Tech Consulting

Are you establishing a new unit or planning a major expansion, modernization, or diversification in the high-growth fields of Defence, Aerospace, or Space Technology in Chhattisgarh? The state's Industrial Development Policy 2024-30 offers the Industrial Investment Promotion Package, providing critical financial support up to 100% of your Fixed Capital Investment (FCI).

Unique Group, with 15 years of focused expertise, is your mission partner. We specialize in navigating the complex R&D, patent, and export incentives within this scheme, ensuring your enterprise maximizes every admissible subsidy and strategically accelerates its growth in the burgeoning Indian Defence Sector.

The Package is designed to attract substantial, high-technology investments, recognizing enterprises and products related to Defence, Aerospace, and Space Technology as defined by the Government of India.

 

Key Subsidies and Incentives Offered

The package offers specialized benefits tailored for technology and manufacturing, alongside core capital subsidies.

1. Net SGST Reimbursement OR Fixed Capital Investment Subsidy (Choose One)

The investor must make an irrevocable choice between these two core benefits.

Core Incentive Component

Details of Benefit

Maximum Limit & Duration

Option A: Net State Goods and Services Tax (Net SGST) Reimbursement

Reimbursement of the Net SGST paid.

Up to 100% of the maximum fixed capital investment, for a period of up to 12 years from commercial production.

Option B: Fixed Capital Investment Subsidy

Capital subsidy for new or expanding technology enterprises.

Paid in equal annual installments over 6 years.

Fixed Capital Investment Subsidy Details (Investment in Plant and Machinery):

Capital Investment in P&M (₹ in Crores)

Percentage of Subsidy

Maximum Subsidy Amount (₹ in Crores)

More than 50 but less than 200

35%

60

More than 200 but less than 500

35%

150

More than 500

35%

300

2. Specialized R&D and Technology Grants

Specialized Incentive Category

Details of Benefit

Limits

R&D Equipment/Advanced Software Subsidy

Subsidy on expenses for R&D equipment and advanced software.

20% subsidy, with a maximum of ₹3 Crore.

Drone Testing & Training Center

Subsidy on the expenditure incurred on setting up centers for drone testing and pilot training.

20% subsidy, with a maximum of ₹50 lakh.

Establishment of Center of Excellence (COE)

For establishment / expansion / diversification of Centers of Excellence in fields of  Defence, Aerospace, Drone Technology, Remote Sensing Etc.

50% of FCI

3. General Financial, Tax, & Employment Incentives

Incentive Category

Details of Benefit

Limits & Duration

Interest Subsidy

Lower of 50% of the interest paid or 6% interest.

Max ₹20 Crore annually, for 5 years.

Electricity Duty Exemption

Exemption on electricity duty for new enterprises.

Up to 12 years from commercial production.

Export Certification Reimbursement

Up to 50% reimbursement of application fee for international certification.

Max ₹15 lakh per product (up to 10 products). Requires proof of commercial export of ₹50 crore or more per product.

Stamp Duty Exemption

Complete exemption on deeds for purchase/lease of land, sheds, and buildings (including for R&D).

N/A

Employment Generation Subsidy

20% salary reimbursement for permanent Chhattisgarh domicile employees (salary < ₹50k/month).

For enterprises providing more than 50 permanent jobs. Up to 5 years.

E.P.F. Reimbursement

75% reimbursement of EPF contribution (Chhattisgarh employees).

For 5 years, up to 2% of the approved FCI.

Training Stipend Reimbursement (One-time)

Lower of one month's wage or ₹15,000 per person. For 5 years or up to 100% of FCI.

 

Registration Fee Reimbursement

50% reimbursement of the registration fee payable on the land.

 

Land Use Change Fee Exemption

50% exemption on the land reclassification (diversion fee) up to a maximum of 50 acres.

 

New Electrical Connection Charges

50% reimbursement (excluding security deposits) for new eligible enterprises.

 

 

Why Choose Unique Group for Defence & Aerospace Subsidy Consulting?

Securing the maximum benefit under the Chhattisgarh C-9 Package requires specialized knowledge of both capital investment and high-tech R&D incentives.

  1. 15 Years of Precision Consulting: We provide authoritative guidance, specializing in high-value, sector-specific grants like the 50% R&D Equipment Subsidy (Max ₹3 Cr) and the 100% Patent Reimbursement.
  2. Maximizing Capital Returns: Our expertise ensures you correctly choose between Net SGST Reimbursement (100% of FCI over 12 years) and the Fixed Capital Subsidy to optimize your cash flow and total financial return.
  3. Export-Oriented Compliance: We meticulously handle the stringent requirements for Export Certification Reimbursement, ensuring all documentation meets the ₹50 crore commercial export proof needed for claiming.
  4. Geo-Targeting for Strategic Growth: Unique Group provides nationwide coverage with deep local knowledge in strategic technology hubs. We serve clients in Chhattisgarh, Bengaluru, Hyderabad, and Pune, ensuring both local compliance and national perspective.

Frequently Asked Questions (FAQs)

  • What is the maximum subsidy available for R&D activities under the C-9 Package?

    The policy provides a 50% subsidy on expenses for R&D equipment and advanced software, with a maximum limit of ₹3 Crore. Additionally, a 25% subsidy is available on equipment for Testing and Quality Certification Labs, up to ₹1 Crore.

  • What is the condition for claiming the Export Certification Reimbursement?

    To claim up to 50% reimbursement of international certification fees (max ₹15 lakh per product), the unit must present proof of commercial export worth ₹50 crore or more per product.

  • How long is the Electricity Duty Exemption for a new Defence sector enterprise?

    New enterprises are eligible for Electricity Duty Exemption for a duration of up to 12 years from the date of commencement of commercial production.

  • Are there special incentives for ultra-large investments in the Defence sector?

    Yes. Enterprises that invest ₹1,000 crore or more or provide employment to 1,000 or more individuals may have proposals for additional incentives considered by the Cabinet Sub-Committee, beyond the standard policy package.

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