HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr

The Capital Investment Subsidy is a component of the Himachal Pradesh Tourism Policy 2019, delivered by the state's Department of Industries through the Startup Himachal initiative. It exists to draw serious money into the state's tourism infrastructure by sharing the cost of the fixed assets a project builds.

Under the scheme, a qualifying tourism unit receives 5% of its fixed capital investment as a government subsidy, subject to a maximum of ₹3 crore. Because the entry bar is a fixed capital investment of at least ₹5 crore, the incentive is aimed at sizeable projects rather than small operators.

The subsidy is open to units being set up for the first time and to established units that are expanding their facilities. Five categories are recognised: hotels, resorts, convention centres, golf resorts and wellness tourism units.

Geographically the programme is restricted. Only investment made in a Category "A" area of Himachal Pradesh qualifies; spending elsewhere in the state does not fall under this incentive.

There is no fixed application window. The programme runs on a rolling, always-open basis, and the money paid out is a subsidy rather than a loan, so it carries no repayment obligation.

• Subsidy worth 5% of fixed capital investment
• Capped at ₹3 crore per unit
• Minimum fixed capital investment of ₹5 crore
• Open to new units and expansion projects
• Only for Category "A" areas of Himachal Pradesh
• Rolling applications — no fixed deadline

The subsidy is built for capital-intensive tourism projects in designated parts of Himachal Pradesh. A unit has to satisfy every one of the following conditions:

• It must be a new tourism unit being established, or an existing unit going in for expansion.
• The project must fall under one of the recognised categories: convention centre, hotel, resort, golf resort or wellness tourism unit.
• Fixed capital investment must be at least ₹5 crore.
• The investment must be located in a Category "A" area of Himachal Pradesh.
• The unit must be registered and must meet the requirements laid down under the Himachal Pradesh Tourism Policy 2019, including the applicable permits, licences and policy conditions.

HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr is open to startups at any stage. It is open to startups registered anywhere in India.

HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

A successful applicant receives a capital investment subsidy worth 5% of the unit's fixed capital investment. The payout is subject to a ceiling of ₹3 crore, which is the most any single project can draw under this scheme.

The support is a non-repayable incentive. It is not a loan, so there is no interest to service and no repayment schedule attached, and no equity is given away in return for the money.

• Subsidy rate: 5% of fixed capital investment
• Maximum payout: ₹3 crore
• Minimum fixed capital investment required: ₹5 crore
• Form of support: cash subsidy, non-repayable

HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr is offered by Department of Industries, Government of Himachal Pradesh (Startup Himachal), a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

Applications are routed through the designated authority under the Himachal Pradesh Tourism Policy 2019 and are assessed in stages.

• The applicant submits a detailed project proposal along with a business plan and evidence of the fixed capital investment made.
• The unit has to be registered, and the necessary permits and licences must be furnished, together with proof that policy conditions are being complied with.
• Applications are screened at the first level.
• Cases that clear screening go before a committee that includes officials from the Department of Tourism and other relevant government departments.
• The committee weighs three things: how closely the project follows Tourism Policy 2019 guidelines, the quantum of fixed capital investment, and the nature of the tourism unit being proposed.
• On a favourable assessment, the proposal is recommended for subsidy approval and sanction.

Before you apply to HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

HP Tourism Capital Investment Subsidy: 5% of Fixed Capital, Up to ₹3 Cr is best suited for startups in India seeking non-dilutive funding of ₹3Cr. If that describes your startup, review the eligibility criteria above before applying.