Soft Jaws for CNC Lathe Chucks · Nagaland
What it takes to start soft jaws for cnc lathe chucks in Nagaland: 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 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 — Nagaland30% of machines and building · Claim within 6 months of production and within 2 years of registration; paid as the budget allows. Refund with interest if the unit closes within 5 years.30% of machinery or building and durable assets, up to ₹10 crore per enterprise; all NTIIP benefits together not above ₹10 crore or 100% of investment. Only a top-up over UNNATI. Services only from a positive list and only new units. Needs at least 5 employees, half of them indigenous inhabitants.₹4.23 lakh
State interest help (over the years)5% × 5 years · on a loan of about ₹21.13 lakh5% for 5 years on loans up to ₹1 crore, thrust sectors only, after production. Not for units with NTIIP soft loans (6% loans from the state corpus).₹5.28 lakh
Up to, if every scheme applies₹15.38 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: 100% of net SGST for 5 years for new units investing at least ₹50 lakh. Source ↗
- Stamp duty: 50% of stamp duty and registration fee waived on loan and mortgage documents for 5 years. Source ↗
- Electricity duty: 25% of the actual power bill for 5 years, up to ₹5 lakh a year, for units of 100 kVA and above. Source ↗
- UNNATI 2024 (central North-East scheme, DPIIT): Central scheme for new units in the North-East: capital investment incentive, capital interest subvention and a manufacturing/services-linked incentive. NTIIP notes the UNNATI capital investment incentive at 50%, up to ₹7.5 crore (GST sectors) or ₹10 crore (non-GST sectors). Source ↗
- Transport incentive: 50% of the cost of sending goods outside the state, up to ₹50 lakh a year for 5 years. Source ↗
- Soft loans at 6%: New thrust-sector units: up to ₹20 lakh (micro) or ₹1 crore (small) at 6%; retail and service up to ₹10 lakh. 25% of the target is for women. Source ↗
Where this work already happens
No industry town for this business is recorded in this state yet.
Land and sheds
- State land agency: Department of Industries & Commerce, Govt of Nagaland; Nagaland Industrial Development Corporation (NIDC) ↗
Free government help in this state
5 offices: District Industries Centres, MSME offices and more
Nagaland