Tamil Nadu Government Subsidies / Incentives for MSME Manufacturing Units
|Investment in Plant & Machinery
a) Micro Units – Anywhere in Tamilnadu
b) Small and Medium Units – in Backward Blocks, Thrust Sector & Agro Based Industries
|25% of Investment in Plant & Machinery subject to maximum of Rs.30.00 lakhs
|Additional Capital Subsidy
a) 5% subject to a maximum of Rs.2.00 lakhs for new units set up by Women/SC/ST/Physically handicapped/ Transgender entrepreneurs in backward areas / agro based industries.
b) Employment Intensive Subsidy of 5% subject to a maximum of Rs.5.00 lakhs for Employment Generation.
c) Promotion of Cleaner & Environment Friendly Technologies – 25% subject to maximum of Rs.3.00 lakhs.
New Entrepreneur cum Enterprise Development Scheme [NEEDS]
|Investment made towards construction of Building ,Plant & Machinery.
|25% of Project Cost subject to maximum of Rs.30.00 lakhs
3% Interest Subvention Scheme for MSME and NEEDS
|Ø To reduce the interest burden of entrepreneurs
|Ø Standard category customers only.
|Ø Maximum of Rs.30.00 lakhs per unit.