The “Scheme for Vaccine Manufacturing Units” is a dedicated sub-scheme under the “Investment Promotion Scheme (IPS)” for Thrust Sectors launched on 3rd July 2015 by the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. It has been extended from 20th May 2022 and will remain operative until 19th May 2027. The scheme aims to provide capital and interest-linked subsidies to encourage the setup and growth of vaccine manufacturing facilities in the Union Territory.
Benefits
-
Credit-Linked Interest Subsidy:
70% per annum, up to a maximum of ₹60,00,000 per annum for 5 years or the loan repayment period (whichever is earlier). -
Capital Investment Subsidy:
15% of the total capital investment, up to a maximum of ₹10,00,00,000.
Eligibility
-
Must be a new or existing manufacturing/service unit undertaking expansion/diversification under the MSME sector.
-
Should have started commercial production between 20.05.2022 and 19.05.2027.
-
Unit must be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
-
Application must be submitted on the online portal within one year of the first loan disbursement or on/before the commencement of commercial production.
Exclusions
-
Not eligible for interest subsidy if the term loan is sanctioned after one year from the commercial production start date.
Application Process
Mode: Online
Registration Steps:
-
Visit the Registration Page.
-
Fill in the required fields and click “Register”.
-
Verify email address from the link sent via email (check spam if not found).
-
Click the verification link or paste it into your browser.
-
Use OTP 111111 to verify your mobile number.
-
You’ll receive login credentials on your registered email.
Application Steps:
-
Login to the portal using mobile number and PIN.
-
Go to “Departments & Services” > “District Industries Centre DD & DNH”.
-
Click “Click Here” to apply under IPS: 2022–2027.
-
Fill in the Common Application Form (CAF).
-
Upload all mandatory documents.
-
Verify all entries and click “Submit”.
Helpdesk:
-
District Industries Centre
-
Phone: 0260-2260871 / 2260310
-
Email: [email protected]
-
-
Technical Assistance:
-
Phone: 0260-2231885 / 2231886
-
Email: [email protected]
-
Documents Required
-
Corporate Identification Number (CIN)
-
Taxpayer Identification Number (TIN)
-
PAN, GST, and other registration documents
-
Udyam Registration / IEM Certificate
-
MOA & AOA or Partnership Deed
-
Land deed / Lease Agreement (min. 5 years)
-
Sanction order from Electricity Dept. & latest bill
-
Consent to Operate / Renewal from PCC
-
Factory license
-
Authorization Letter
-
CA-certified bills
-
Undertaking
Frequently Asked Questions
-
What type of investments are eligible for incentives under this policy?
-
What is the eligibility criteria for the interest subsidy?
-
When does the interest subsidy become effective?
-
How is the interest subsidy disbursed?
-
Are penalties and other charges covered under the subsidy?
-
What happens if the enterprise defaults on payment?
-
What is the procedure to demonstrate compliance with the interest rate clause?
-
What is the minimum period the enterprise must remain in production?
-
Can expansion or diversification activities qualify?
-
What happens to the subsidy if the enterprise is sold within 5 years?
-
What anti-misuse measures are in place?
-
When should the application be filed?
-
Can an enterprise choose the most beneficial scheme if eligible under multiple?