Readymade Garments Unit (Baby Rompers) · Odisha

What it takes to start readymade garments unit (baby rompers) in Odisha: today’s cost, the central and state subsidy, where the work already happens and who can help.

cost in the report: ₹11.2 lakh
priced in: ≤ 2021
in today’s money (estimate): at least ₹13.8 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: ₹1.38 lakh.₹3.45 lakh

State capital subsidy — Odisha25% of machines and building · Calculated on machinery bought up to the date of production and claimed after production starts; production must begin within 3 years of first investment.25% of plant and machinery investment, one cap of ₹2 crore. Most services are on the ineligible list. Extra 5% (up to ₹20 lakh) also for the 8 focus sectors and for IDCO estates on the Biju Expressway corridor.₹2.07 lakh

State interest helpShown as the rule only: the amount depends on your bank’s interest rate.50% of the interest on the term loan for 5 years from production, total up to ₹1 crore.—

Up to, if every scheme applies₹5.51 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: 75% of net SGST paid in cash for 3 years, up to 100% of plant and machinery cost (pioneer units: 100% for 5 years, up to 200%). Source ↗
Stamp duty: 100% stamp duty on land/shed from Government, IDCO or private estates for units with machinery up to ₹10 crore (75% for ₹10-50 crore). Can be refunded if already paid. Source ↗
Electricity duty: Electricity duty exempt for 5 years for new units with machinery up to ₹50 crore, up to a contract demand printed as '750 WA' (probably kVA). Source ↗
Employment cost subsidy: 100% of employer ESI and EPF for Odisha-domicile workers for 5 years (focus sectors 7 years). Source ↗
Odisha Food Processing Policy 2022 - capital subsidy: Food processing units: 30% of machinery up to ₹3.5 crore; SC/ST/PwD/women/technical entrepreneurs 35% up to ₹4 crore. Source ↗