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Chhattisgarh Investment Promotion for Large Electrical & Electronics Enterprises (2024-30)

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

Is your large enterprise planning a new project, expansion, or modernization in the Electrical and Electronics Sector in Chhattisgarh? The state's Industrial Development Policy 2024-30 offers the highly valuable Industrial Investment Promotion Package, providing critical financial support up to 100% of your Fixed Capital Investment (FCI).

Unique Group, with 15 years of authoritative consulting experience, specializes in navigating this technology-focused policy. We ensure your project maximizes specialized benefits, including high R&D subsidies, patent reimbursements, and long-term tax exemptions, securing your competitive edge in the Indian Electronics Manufacturing ecosystem.

The Package is strategically designed to attract substantial investment into the Electrical and Electronics sector. This scheme applies to both new enterprises and the expansion, diversification, substitution, or modernization of existing units.

 

Key Subsidies and Incentive Components

The Package offers a robust structure of financial support tailored to boost R&D, capital deployment, and employment in the tech sector.

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

An investor must select only one of these two core benefits; the choice is irrevocable.

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 electrical/electronics 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. R&D and Technology-Specific Incentives

Specialized Incentive Category

Details of Benefit

Limits & Conditions

R&D Equipment/Plants Subsidy

20% subsidy on expenses for new R&D equipment and plants established in the Electronics Sector.

Maximum of ₹3 Crore.

Other Subsidies (Combined)

Project Report, Quality Certification, Technical Patent, Technology Purchase, Water/Energy Efficiency, and Transportation (for export units) Subsidies.

Combined maximum limit of 2% of the fixed capital investment.

3. General Financial, Tax, & Employment Incentives

Incentive Category

Details of Benefit

Limits & Duration

Interest Subsidy

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

Annual limit of ₹20 Crore, provided for 5 years on term loans for plant and machinery.

Electricity Duty Exemption

Exemption on electricity duty for new enterprises.

Up to 12 years from commercial production.

Stamp Duty Exemption (General)

Full exemption on deeds for purchase/lease of land, sheds, and buildings.

N/A

Registration Fee Reimbursement

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

N/A

Land Use Conversion Fee Exemption

50% exemption on land use conversion fees (diversion fees).

Up to a maximum of 50 acres of land.

Employment Generation Subsidy

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

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

E.P.F. Reimbursement

75% reimbursement of EPF contribution (Chhattisgarh employees).

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

Training Stipend Reimbursement

Lower of one month's salary or up to ₹15,000 per person.

For 5 years or up to 100% of FCI (whichever is reached first).

Special Investment Promotion (Ultra-Large)

Proposals for additional incentives may be considered by the Cabinet Sub-Committee.

For units investing ₹1,000 Crore or more or providing employment to 1,000 or more individuals.

 

Why Choose Unique Group for Electrical & Electronics Subsidy Consulting?

Successfully navigating the Chhattisgarh C-4 Package requires specialized knowledge, particularly regarding the high-value technology and R&D components.

  1. 15 Years of Technology Sector Authority: We provide expert guidance on securing the 50% R&D Equipment Subsidy (Max ₹3 Cr) and the 100% Patent Reimbursement, which are vital for large-scale electronics manufacturing.
  2. Maximizing SGST/Capital Benefits: We strategically advise on the irrevocable choice between Net SGST Reimbursement (100% of FCI over 12 years) and the Fixed Capital Subsidy (35% of P&M), based on your project's financial model.
  3. End-to-End Compliance: We ensure meticulous compliance for all claims, including the strict requirements for Export Certification Reimbursement (proving ₹50 Cr commercial export per product) and environmental subsidies.
  4. Geo-Targeting for Tech Hubs: Our nationwide expertise covers strategic manufacturing zones, providing specialized service for clients in Chhattisgarh, Noida, Chennai, and Pune, guaranteeing local and national compliance and maximized benefits.

Frequently Asked Questions (FAQs)

  • What is the maximum subsidy limit for a Large Electronics Enterprise under the C-4 Package?

    The total industrial investment promotion available is up to 100 percent of the fixed capital investment (FCI).

  • What R&D expenses are covered by the specialized subsidy?

    The policy offers a 50% subsidy on expenses for new R&D equipment and plants established in the Electronics Sector, up to a maximum of ₹3 Crore.

  • How does the policy support patent registration?

    The policy provides 100% reimbursement of expenses for patent registration, provided the patent certificate is obtained for products related to the Ministry of Electronics and Information Technology (MeitY), Government of India.

  • Are there additional incentives for mega-projects in the Electronics sector?

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

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