Building BusinessServices

Soft Jaws for CNC Lathe Chucks · Goa

What it takes to start soft jaws for cnc lathe chucks in Goa: today’s cost, the central and state subsidy, where the work already happens and who can help.

cost in the report
₹13.6 lakh
priced in
2011
in today’s money (estimate)
≈ ₹23.5 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: ₹2.35 lakh.₹5.87 lakh
State capital subsidy — Goa30% of machines and building · 50% after the Task Force recommends, 50% after 2 years of production.30% of capital cost; micro max ₹10 lakh (building part max ₹5 lakh), small max ₹20 lakh (building part max ₹10 lakh). The scheme text was valid to 30 Sep 2022; the umbrella scheme has since been extended, but an extension order naming this sub-scheme was not read.₹4.23 lakh
State interest helpShown as the rule only: the amount depends on your bank’s interest rate.30% of term-loan interest (working capital: lower of 1.5% of turnover or 30% of interest), max ₹25 lakh a year (₹27.5 lakh for all-women or SC/ST units), for up to 7 years. Needs at least 60% Goan staff; scaled by Goan share. Manufacturing MSMEs (white, green, orange category) and eco-tourism.—
Up to, if every scheme applies₹10.1 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

  • Electricity duty: No general concession. IGIPP 2022 says units with rooftop solar may get 100% electricity duty reduction, but no notification was found. Source ↗
  • Employment subsidy: MSMEs: up to 50% of wages of Goan staff, max ₹7,000 per employee per month and ₹25 lakh a year, for up to 7 years. Needs at least 60% Goan staff. Source ↗
  • Certification and IPR: Certification: 100% up to ₹8 lakh; IPR registration: 50% of professional fees up to ₹15 lakh. Source ↗
  • Local purchase incentive: 2% of local purchases, max ₹5 lakh a year for 5 years, for units buying at least half of inputs from Goa. Source ↗

How sure we are about this state: Medium · Policy: Goa State Incentives to Encourage Investments Scheme 2017 (Umbrella Scheme) ↗ · 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

8 offices: District Industries Centres, MSME offices and more

Goa

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