Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects

The Sunrise Booster is a top-up incentive layered onto the Rajasthan Investment Promotion Scheme (RIPS) 2024, and it is administered by the state's Department of Industries and Commerce. Its job is straightforward: it adds 25% to the asset-creation incentive that a qualifying enterprise has already opted for under the parent scheme.

The extra support is aimed squarely at the industries Rajasthan has bracketed as sunrise sectors — the emerging, high-growth areas the state believes will drive its next phase of industrial diversification and employment. Projects in these fields tend to be capital hungry. Data centres are the clearest illustration, with heavy spending on land, buildings, power and equipment before a single rupee of revenue arrives.

Access is intentionally narrow. The booster is reserved for the first three units to qualify within a sunrise sector, and the project itself must be classed as mega or ultra mega under RIPS 2024. Data centres must additionally show a capacity of at least 10 MW.

Because it is structured as a subsidy, the booster does not dilute the promoter's holding and does not have to be repaid. The practical consequence for promoters is that timing matters — the cap on the number of qualifying units means an identical project can qualify today and miss out later.

• Adds 25% to the Asset Creation Incentive under RIPS 2024
• Open to mega and ultra mega projects only
• Limited to the first three units to qualify in a sunrise sector
• Data centres must show at least 10 MW capacity
• Paid as a subsidy — no equity taken, nothing to repay
• Rolling window with no fixed closing date

Eligibility turns on three things: what the project is, which sector it sits in, and how early it applies.

• The unit must be classified as mega or ultra mega under RIPS 2024.
• It must belong to a sector notified as a sunrise sector in the policy.
• It must be among the first three units to qualify in that sector — this cap is what makes the incentive first-come, first-served in practice.
• Data centres carry an extra condition: a capacity of at least 10 MW.

On entity type: the policy speaks of "eligible units" and "eligible enterprises" rather than naming particular structures. In practice that covers the usual Indian business forms — private limited companies, LLPs, partnerships and proprietorships — as long as the project size and sector tests are met.

The investment and employment thresholds that separate a mega project from an ultra mega project are set out in the RIPS 2024 policy document itself, and applicants should check those figures before applying.

Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects is open to startups at any stage. It is open to startups registered anywhere in India.

Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects 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.

The booster lifts the asset-creation incentive an eligible enterprise has already selected under RIPS 2024 by 25%. It is not a standalone cheque — it scales up an incentive the project is already claiming under the parent scheme.

• Delivered as a subsidy payout, not as equity or a loan, so there is no dilution for promoters and nothing to repay.
• Reduces the effective capital expenditure on plant, machinery and other assets built in the state.
• Improves the viability of large, front-loaded investments in sunrise sectors, where spending runs ahead of revenue.
• Because the parent incentive is tied to asset creation, the rupee value of the booster varies from project to project rather than being a fixed sum.
• Disbursed after approval, generally linked to verification that the assets have actually been created and that policy conditions are met.

Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

Applications are not cleared by a single officer. A committee drawn from the Department of Industries and the Finance Department, along with other officials, reviews each proposal that claims the booster.

The committee tests the project against several points:

• Whether it genuinely qualifies as a mega or ultra mega project under RIPS 2024.
• Whether it sits in a notified sunrise sector.
• Whether it ranks among the first three units to qualify in that category, and for data centres, whether capacity reaches the 10 MW floor.
• The wider economic case — the jobs the project will generate, its technology profile, and the contribution it makes to the state's industrial base.

Applicants should also expect verification of compliance with the other provisions of the RIPS 2024 policy before any amount is sanctioned.

Before you apply to Sunrise Booster 2024: 25% Top-Up for Rajasthan Mega Projects, 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.