The “Assistance for Furniture Sector” is a targeted sub-scheme under the Investment Promotion Scheme (IPS) by the Department of Industries, U.T. Administration of Dadra and Nagar Haveli and Daman and Diu. Launched originally on 3rd July 2015, the scheme now operates in the extended period from 20th May 2022 to 19th May 2027. It supports MSMEs engaged in Plastic, Steel, Brass, Metal, Cane, Wooden, Bamboo, Fibre Glass, and Marble Furniture with a range of financial incentives to enhance growth and competitiveness.
Scheme Key Highlights (Short Summary)
• Operative Period: 20 May 2022 – 19 May 2027
• Target Sector: Furniture Manufacturing (Various Types)
• Eligible Enterprises: New & Existing MSMEs undertaking Expansion/Diversification
• Location: Must be within DNH & DD Union Territory
• Subsidy Types: Capital Investment, Interest Subsidy, Rent Subsidy, Training Reimbursement, Showroom Assistance, Power Incentive
Benefits
• Capital Investment Subsidy: 20% reimbursement, up to ₹50,00,000/-
• Interest Subsidy: 60% of interest cost, capped at ₹50,00,000/- annually for 5 years
• Space Rent Subsidy: 50% of actual rent, up to ₹5,00,000/- for international exhibitions
• Training Reimbursement: 50% of training cost, up to ₹75,000 per person for 5 trainees per unit
• Power Rate Incentive: ₹1/unit for 1 year, max ₹50,00,000/-
• Showroom Establishment:
• Owned: 20% reimbursement up to ₹50,00,000/-
• Rented: 25% of rent for 3 years (minimum 2000 sq. ft.)
Eligibility
• New Manufacturing/Service MSME units or existing ones undertaking Expansion/Diversification
• Must start production between 20.05.2022 to 19.05.2027
• Must be located within Dadra and Nagar Haveli & Daman and Diu
• Application must be submitted within 1 year of eligibility
Exclusions
• Interest Subsidy ineligible if term loan is sanctioned after 1 year from commercial production start date
Application Process
Online Application via Official Portal: https://investdd.in
Registration Steps:
• Visit the registration page
• Fill in the details and click “Register”
• Verify email via link (check spam folder)
• Verify mobile using OTP “111111”
• Login credentials sent to registered email
Submission Steps:
• Login with Mobile Number and PIN
• Click on “Departments & Services” → “District Industries Centre DD & DNH”
• Click “Apply for IPS 2022–2027”
• Fill “Common Application Form” and upload documents
• Review and submit the form
Helpdesk Contacts:
• Phone: 0260-2260871 / 2260310
• Email: [email protected]
• Tech Support: 0260-2231885 / 2231886 | Email: [email protected]
Documents Required
• CIN, TIN, PAN, GST Documents
• Udyam Registration / IEM
• Partnership Deed / MoA / Incorporation Certificate
• Land Deed or Lease Agreement (5 years minimum)
• Electricity Sanction Order & Bill
• Authorization Letter
• Pollution Consent Certificate
• Factory License
• Undertaking
• Proof of Exhibition Participation
• Certified Bills from CA
• Bank Statement
Frequently Asked Questions (FAQs)
Q: What is the maximum Capital Investment Subsidy available?
A: 20% of investment, up to ₹50,00,000.
Q: How much Interest Subsidy can be claimed?
A: 60% annually, capped at ₹50,00,000 per annum for 5 years.
Q: Is showroom subsidy available for rented properties?
A: Yes, 25% of rent for 3 years (minimum size 2000 sq. ft.).
Q: Can a unit apply under more than one scheme?
A: Yes, but benefits must not be duplicated. The unit can opt for the most beneficial scheme.
Q: When must an enterprise apply for subsidy?
A: Within one year from the date of eligibility.
Q: Are penal interest charges covered?
A: No, only standard interest rates are covered under the subsidy.
Q: What happens if a unit is sold within 5 years of setup?
A: The incentive may be withdrawn or recovered unless permitted by the authority.
Q: Is there a limit to training reimbursement?
A: Yes, ₹75,000 per trainee for 5 people per enterprise.
Q: Is power subsidy applicable to all?
A: Yes, ₹1/unit for one year from production start, up to ₹50,00,000.