Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr
A rolling subsidy programme from the Government of Uttarakhand offering up to ₹7.5 crore in land, interest, SGST, electricity, stamp duty, ETP and payroll incentives to large manufacturing projects investing ₹50 crore or more.
- Funding amount
- ₹7.5Cr (subsidy)
- Funding type
- Subsidy
- Provider
- Department of MSME, Government of Uttarakhand (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
Uttarakhand's Mega Industrial and Investment Policy 2021 is the state's headline framework for pulling very large industrial investment into the state. It is administered by the state MSMEs Department, functioning within the Department of Industries, and it runs on a rolling basis — applications are not tied to a fixed window.
The policy sorts projects into four investment tiers using fixed capital investment as the yardstick: Large (₹50–75 crore), Mega (above ₹75 crore, up to ₹200 crore), Ultra Mega (above ₹200 crore, up to ₹400 crore) and Super Ultra Mega (above ₹400 crore). Percentages and annual ceilings for the incentives move up with the tier, so a Super Ultra Mega project is treated considerably more generously than a Large one.
Support is aimed at the cost lines that weigh most on heavy industry — the price of land in SIIDCUL Industrial Areas, interest on bank term loans, SGST on B2C sales, electricity bills and duty, stamp duty and registration charges, capital for an Environmental Treatment Plant, and the monthly wage bill for new hires. Total assistance can reach up to ₹7.5 crore.
Beyond the money, the policy is meant to make Uttarakhand a friendlier place to build and operate industry, and to turn capital inflows into employment. Several of the biggest incentives — land, SGST and electricity — are reserved for manufacturing industries, while payroll assistance is tied to how many people a project actually hires.
Highlights
- Rolling applications — no deadline to plan around
- Incentive support of up to ₹7.5 crore for qualifying projects
- Open to projects with fixed capital investment from ₹50 crore upward
- Land rate rebate of 15–30% in SIIDCUL Industrial Areas, for manufacturing only
- Electricity bill reimbursement of ₹1.00 per unit for 5 years, capped between ₹50 lakh and ₹1.50 crore a year
- Payroll assistance of ₹500/month per additional employee, or ₹700 for women, for 5 years
Who can apply
Any person or entity that intends to invest in Uttarakhand under this policy may apply. The policy does not set out a separate founder, entity-type or home-state condition.
What shapes access to individual incentives is the size and nature of the project:
- Investment tier: fixed capital investment decides the classification — Large at ₹50–75 crore, Mega at above ₹75–200 crore, Ultra Mega at above ₹200–400 crore, and Super Ultra Mega at above ₹400 crore.
- Manufacturing status: land rate concessions, SGST reimbursement and electricity bill reimbursement are explicitly restricted to manufacturing industries.
- Employment levels: payroll assistance applies only once a project crosses the headcount threshold for its tier — for example, 50 additional employees for a Large Project and 400 for a Super Ultra Mega Project.
The policy does not state DPIIT recognition or MSME registration as a condition of eligibility.
Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr 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.
What the funding covers
Support under this policy combines up-front concessions with multi-year reimbursements. Overall assistance can reach up to ₹7.5 crore, with the value of each incentive tied to the project's investment tier.
- Land rate rebate: in SIIDCUL Industrial Areas, manufacturing projects receive a rebate on prevailing land rates — 15% for Large Projects, rising to 30% for Ultra Mega and Super Ultra Mega Projects.
- Interest subsidy: reimbursement assistance on bank term loans for 5 years, capped at ₹25 lakh per annum for Large Projects and up to ₹75 lakh per annum for Super Ultra Mega Projects.
- SGST reimbursement: 30–50% for 5 years on B2C sales, for manufacturing enterprises.
- Electricity bill reimbursement: ₹1.00 per unit for 5 years, with an annual ceiling running from ₹50 lakh for Large Projects to ₹1.50 crore for Super Ultra Mega Projects.
- Electricity duty: 100% reimbursement.
- Stamp duty and registration: 50% stamp duty reimbursement, and registration fees at ₹999 per ₹1,000.
- ETP capital subsidy: 30%, up to ₹50 lakh, for setting up an Environmental Treatment Plant.
- Payroll assistance: 5 years at ₹500 per month per additional employee (₹700 per month for additional women employees), available once a project generates employment beyond its tier threshold, such as 50 for a Large Project and 400 for a Super Ultra Mega Project.
About the provider
Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr is offered by Department of MSME, Government of Uttarakhand, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Applications are filed through the state's online single-window portal and are then examined by the MSMEs Department under the Department of Industries, Government of Uttarakhand.
Reviewers test whether the project satisfies the policy's investment thresholds and the eligibility conditions attached to the incentives being claimed. The project's classification — Large, Mega, Ultra Mega or Super Ultra Mega — sets the level of support it can be considered for.
Appraisal also weighs how far the proposal advances the state's industrial development and employment-generation objectives.
There is no fixed closing date; submissions are handled on a rolling basis.
Documents you’ll need
Before you apply to Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr, 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.
Who this is best for
Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr is best suited for startups in India seeking non-dilutive funding of ₹7.5Cr. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
What is the Uttarakhand Mega Industrial and Investment Policy 2021, and who runs it?
It is a state incentive policy created to draw large-scale industrial investment into Uttarakhand. It is administered by the MSMEs Department under the Department of Industries, Government of Uttarakhand, and it offers financial incentives, subsidies and reimbursements to qualifying industrial projects. Applications are accepted on a rolling basis.
How much funding does the policy offer?
Incentive support can go up to ₹7.5 crore. The exact amount depends on your project's investment tier and on which incentives you claim — the rebate on land rates, the interest subsidy on bank term loans, SGST reimbursement, electricity bill and duty reimbursement, stamp duty and registration fee relief, the capital subsidy for an Environmental Treatment Plant, and payroll assistance for new employees.
Who is eligible to apply?
Any person or entity intending to invest in Uttarakhand under the policy can apply. How much you can access is driven by your fixed capital investment and, for certain benefits, by whether you are in manufacturing. The policy does not lay down a separate founder, entity-type or state-residency requirement.
How are projects classified, and why does the classification matter?
Fixed capital investment decides the tier. Large Projects sit at ₹50–75 crore, Mega Projects above ₹75 crore and up to ₹200 crore, Ultra Mega Projects above ₹200 crore and up to ₹400 crore, and Super Ultra Mega Projects above ₹400 crore. The tier matters because the percentages and annual caps for land rebates, interest subsidy, electricity bill reimbursement and payroll support all rise with it — a Super Ultra Mega Project, for instance, can claim a higher annual interest subsidy and a larger annual electricity reimbursement cap than a Large Project.
Are the benefits limited to manufacturing industries?
Some are. Land rate concessions, SGST reimbursement and electricity bill reimbursement are explicitly reserved for manufacturing industries, which shows where the policy's industrial focus lies. Other elements of the incentive package are not restricted in that way, so it is worth checking each benefit against your project type.
What support is available for electricity and payroll costs?
Manufacturing enterprises receive electricity bill reimbursement of ₹1.00 per unit for five years, with an annual ceiling from ₹50 lakh for Large Projects up to ₹1.50 crore for Super Ultra Mega Projects, plus full reimbursement of electricity duty. On the employment side, payroll assistance runs for five years at ₹500 per month for each additional employee and ₹700 per month for each additional woman employee, once the project crosses the headcount threshold for its tier — 50 for a Large Project, going up to 400 for a Super Ultra Mega Project.
Is there an application deadline?
No. The policy is always open and applications are treated as rolling, so there is no closing date to build your project timeline around.
Do I need DPIIT recognition or MSME registration to apply?
The policy does not list DPIIT recognition or MSME registration as a condition of eligibility. The requirements it does state are the investment thresholds — projects are classified from ₹50 crore of fixed capital investment upward — and the manufacturing condition attached to specific incentives.
Does the government take equity in my company for this support?
No. Assistance under this policy comes as subsidies, rebates and reimbursements rather than as an equity investment, so there is no shareholding to give up. The benefits are linked to costs the project actually incurs, such as land, term loan interest, taxes, power, treatment plant capital expenditure and payroll.
How do I apply, and who reviews my application?
Applications go in online through the single-window portal on the Invest Uttarakhand website at https://investuttarakhand.uk.gov.in/. You provide project details, investment plans and the supporting documentation requested, and the site carries the full registration process along with the list of documents needed. Submissions are reviewed by the MSMEs Department under the Department of Industries, Government of Uttarakhand, which checks the project against the policy's investment thresholds and eligibility criteria and fixes the level of support according to the project's classification.
More funding from Department of MSME, Government of Uttarakhand
Department of MSME, Government of Uttarakhand runs 5 other programs listed on startupfunds — compare them before you decide where to apply.
Alternatives to Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr
Not sure Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr is the right fit, or already applied? These are other subsidies open to Indian startups that founders shortlist alongside it.
Questions from founders
Ask anything about eligibility, documents or the process — answered by the community.
No questions yet — be the first to ask.