Uttarakhand Mega Industrial and Investment Policy 2021 — Up to ₹7.5Cr — Frequently Asked Questions

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.

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.

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.

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.

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.

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.

No. The policy is always open and applications are treated as rolling, so there is no closing date to build your project timeline around.

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.

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.

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.