₹10 lakh investment target, startup sops, ultra-mega projects: Inside Gujarat’s new industrial policy 2026 | Today’s news
Gandhinagar, Gujarat: In what is seen as a move to accelerate Gujarat’s ambitious goal of becoming a $3.5 trillion economy by 2047, the state government on Monday unveiled the Viksit Gujarat 2026 industrial policy.
The policy is billed as a forward-looking and transformative industrial framework designed to position the state as a global powerhouse for advanced manufacturing, innovation and sustainable growth.
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Officials support that the policy outlines Gujarat’s ambition to lead the next phase of India’s industrial transformation by enabling globally competitive industries, encouraging high-value investments and creating quality employment opportunities at scale.
Guided by the objective of Viksit Gujarat with Viksit Bharat@2047, the Viksit Gujarat Industrial Policy 2026 consists of a number of industry-friendly initiatives and incentives to accelerate development and growth in the state, a government statement said.
Read also | Gujarat to invest ₹10 crore in new industrial policy over five years
Officials told LiveMint on the sidelines of the policy launch that the policy is attracting eyeballs ₹10 lakh crore investment in Gujarat in next five years.
Support for startups
– Nutrition allowance: ₹25,000 per month for one year and ₹30,000 per month for startups with a female co-founder.
– Seed support: Up to ₹30 million and ₹40,000,000 for high impact startups.
-Other ₹10 lakhs for high-tech, fintech, disruptive or green startups.
–Interest subsidy: Additional 1% on term loans
Support of women’s entrepreneurship
Rental assistance for women entrepreneurs: 75% of the rent paid up to ₹3 Lakhs per annum for 5 years
Enhanced assistance to women-led start-ups:*Food allowance ₹30,000 per month for start-ups with co-founder of women for 1-2 years.
Positioning Gujarat as a global R&D hub
CAPEX Support: Building, machinery, equipment: 50 percent Capital grants (construction costs limited to 20% of the total investment) in 5 years up to ₹50 kr. bye
Land: Reimbursement 25% of allotment price (GIDC/Dholera/Govt. Land) or 25% Jantri Rate in case of private land.
₹10,000 per person per month for 3 years 75% of cost up ₹15 Lakhs per patent per center for a total of 25 patents over a period of 10 years
Wage subsidy: ₹10,000 per person per month for 3 years 75% of cost up ₹15 Lakhs per patent per center for a total of 25 patents over a period of 10 years
Industrial infrastructure for competitive growth
Prioritize the development of a robust, future-ready industrial infrastructure with a strong focus on productivity, worker well-being and sustainability. Extended incentives for development of priority projects, development of private industrial parks and development Green industrial parks/ Lands.
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Incentive details: 80% of eligible project costs up to ₹40 kr.
Other activities and modernization work: 60% of eligible project costs up to ₹40 million crowns.
Construction of a private industrial park: 25% up to INR 50 Cr (50% up to ₹50 cr for Vanbandhu Taluka).
Ultra-mega investment
The policy formally establishes an “ultramega” industrial category for projects with minimum investment ₹10,000 crore and the ability to employ at least 3,000 people.
The policy introduces increased flexibility by allowing large and large units to choose the optimum combination of capital subsidy, interest subsidy and power tariff assistance in accordance with their project structure and financial viability.
The policy formally establishes an “ultramega” industrial category for projects with minimum investment ₹10,000 crore and the ability to employ at least 3,000 people.
Large units in thrust sectors will be allowed to opt for a combination of capital subsidy, interest subsidy and power tariff, subject to a maximum incentive ceiling of 25% eFCI and 35% eFCI for Category B and Category A Taluka.
Encouraging SMEs to go global
Revised definition of MSME as per recent changes by Government of India.
MSME will be allowed to opt for a combination of capital subsidy, interest subsidy and power tariff, subject to a maximum incentive ceiling of 35% eFCI and 45% eFCI for Category B and Category A Taluka.
