Building BusinessServices

Blow Moulded Plastic Containers · Himachal Pradesh

What it takes to start blow moulded plastic containers in Himachal Pradesh: today’s cost, the central and state subsidy, where the work already happens and who can help.

cost in the report
₹19.3 lakh
priced in
≤ 2009
in today’s money (estimate)
at least ₹39.6 lakh

Subsidy you could get here

What kind of unit?
You are
For PMEGP, OBC, minority, ex-servicemen and Divyang founders are also special category; state schemes name their own groups.
Where is the unit?

What you could get

PMEGP margin money (central)25% of project cost, kept in your loan account for 3 years. Your own share: ₹3.96 lakh.₹9.89 lakh
State capital subsidy — Himachal Pradesh25% of machines and building · Through the bank: 60% after the first loan instalment and 40% after inspection and start of production. The subsidy is kept in a 3-year term deposit and adjusted only after the unit has run for 3 years.For bonafide Himachalis aged 18 to 45 (women up to 50). 25% on plant & machinery (manufacturing) or building and durable assets (services); eligible investment up to ₹60 lakh, total project cost up to ₹1 crore. Rupee caps here are worked out as rate × ₹60 lakh. One person per family.₹5.93 lakh
State interest help (over the years)5% × 3 years · on a loan of about ₹35.61 lakhMMSY: 5% interest subsidy for 3 years on loans up to ₹60 lakh, paid to the bank every 6 months from production. (Under IIP 2019 other MSMEs get 3% for 3 years, max ₹2 / 4 / 6 lakh a year in Category A / B / C; special categories 5% for 5 years.)₹5.34 lakh
Up to, if every scheme applies₹21.17 lakh

These are separate schemes with their own rules. Many states do not pay their capital subsidy on the same cost that PMEGP already covers, and every subsidy is paid only after approval. Confirm the combination at your District Industries Centre.

Also in this state

  • SGST refund: IIP 2019: MSMEs get 60% (Category A) or 90% (Category B and C) of net SGST on supplies used within Himachal, for 7 years, up to 100% of fixed capital investment. At least 80% of staff must be Himachali. Source ↗
  • Stamp duty: IIP 2019: MSMEs pay only 50% / 30% / 10% of normal stamp duty in Category A / B / C areas. Under MMSY, stamp duty on private land is charged at 3% of the applicable rate. Source ↗
  • Electricity duty: IIP 2019: concessional electricity duty for 5 years - 1% for small (up to 50 kVA), 3% medium, 5% large. Energy charges 15% lower for 3 years for new units (set yearly in the tariff). Source ↗
  • CGTMSE fee (MMSY): The state reimburses the CGTMSE guarantee fee on collateral-free MMSY loans. Source ↗
  • Land and sheds (IIP 2019): MSMEs get 50% / 60% / 70% off the land or shed premium in Category A / B / C areas if production starts in time. Source ↗
  • Transport subsidy (IIP 2019): Category B: 3% of turnover, max ₹10 lakh a year for 3 years; Category C: 5% of turnover, max ₹10 lakh a year for 5 years. Source ↗

How sure we are about this state: Medium · Policy: Mukhya Mantri Swavlamban Yojana 2019 (with HP Industrial Investment Policy 2019 for other incentives) ↗ · Source ↗

An estimate from published scheme rules, not an approval. Amounts are rounded.

Where this work already happens

No industry town for this business is recorded in this state yet.

Land and sheds

Land and sheds

Free government help in this state

6 offices: District Industries Centres, MSME offices and more

Himachal Pradesh

Suppliers and facilities in this state (Bazaar)

← Full business guideMake the project report (DPR)