The Gujarat Textile Policy aims to enhance the textile sector by supporting investments, innovation, and competitiveness. It was introduced by the Industries and Mines Department, Gujarat to strengthen the textile value chain, focusing on garments, apparel, and technical textiles. The policy, effective from October 1, 2024, to September 29, 2029, seeks to make the textile industry globally competitive while promoting green growth and environmental sustainability.
The component “Assistance for Technology Acquisition” provides financial support to industrial units to help them acquire advanced technology from recognized institutions. This initiative encourages units to upgrade their product or process technology to stay competitive and innovative in the rapidly evolving textile industry.
Scheme Key Highlights (Short Summary)
• Launched by: Industries and Mines Department, Gujarat
• Duration: October 1, 2024 – September 29, 2029
• Objective: To support technology acquisition for industrial units in the textile sector
• Financial Support: 65% of technology cost, with a cap of ₹50,00,000/-
• Support for Royalty Payments: Covers royalty payments for the first 2 years
Benefits
• Financial Assistance:
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65% of the technology cost
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Maximum support of ₹50,00,000/-
• Royalty Payment: Assistance also covers royalty payments for the first two years of acquiring the technology.
Eligibility
• New or existing industrial units in the textile sector.
• Technology must be acquired from recognized institutions.
• The unit must apply for prior approval from the Industries Commissionerate within one year of signing the agreement.
• Exclusion: No assistance will be given for purchasing machinery or equipment.
Exclusions
• The subsidy does not apply to the purchase of plant and machinery or other types of equipment.
Application Process
Offline
Application for Registration:
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Submit an application to the Industries Commissioner in the prescribed format, along with the required documents, within one year from loan disbursement, production start, or policy operative date (whichever is later).
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After scrutiny and verification of documents, a registration certificate will be issued by the Industries Commissioner.
Application for Provisional/Final Eligibility Certificate:
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For MSMEs (GFCI up to ₹10 crore): Submit an application to the General Manager, District Industries Center after DoCP.
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For MSMEs with GFCI above ₹10 crore and up to ₹50 crore: Submit an application to the MSME Commissioner within one year from DoCP or policy operative date (whichever is later).
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Other than MSME units: Submit an application to the Industries Commissioner for Provisional Eligibility Certificate within one year from DoCP or registration certificate issuance.
Documents Required
• Registration certificate (Udyog Aadhaar, IEM/LOI, as prescribed by the Government of India)
• Legal possession documents of land, non-agriculture permission, registered purchase/lease deed
• Consent to Establish from GPCB (if applicable)
• Detailed Project Report (DPR)
• Term loan sanction letter
• Board Resolution / Power of Attorney (PoA)
• GST registration (with annexures)
• Audit report (for expansion)
• PAN card of the enterprise and authorized signatories
• First Sale Bill (if applicable)
Frequently Asked Questions (FAQs)
Q: What is the “Gujarat Textile Policy”?
A: A policy introduced to strengthen the textile sector, focusing on garments, technical textiles, and green growth.
Q: What is the objective of the “Assistance for Technology Acquisition” component?
A: To provide financial support to industrial units in the textile sector for acquiring advanced technology to enhance competitiveness and innovation.
Q: What is the maximum financial assistance available under the Assistance for Technology Acquisition scheme?
A: The scheme provides 65% of the technology cost, with a cap of ₹50,00,000/-.
Q: Who is eligible to apply for this scheme?
A: New or existing industrial units in the textile sector that acquire technology from recognized institutions.
Q: Can an industrial unit use the financial assistance to purchase machinery or equipment?
A: No, the subsidy is only applicable for the acquisition of technology. Plant and machinery or equipment are not eligible.
Q: Is prior approval required before acquiring the technology?
A: Yes, the unit must obtain prior approval from the Industries Commissionerate within one year of signing the agreement.
Q: Does the financial assistance cover royalty payments?
A: Yes, the scheme covers royalty payments for the first two years of technology acquisition.