Towel Manufacturing · Telangana
What it takes to start towel manufacturing in Telangana: today’s cost, the central and state subsidy, where the work already happens and who can help.
- cost in the report
- ₹23.4 lakh
- priced in
- ≤ 2021
- in today’s money (estimate)
- at least ₹28.9 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: ₹2.89 lakh.₹7.23 lakh
State capital subsidy — Telangana25% of machines and building · After commercial production for general units. SC/ST/PwD units can get advance subsidy before production: 35% and 45% of the eligible amount in two instalments with the loan, and the last 20% after production.25% of eligible fixed capital investment, one cap of ₹30 lakh for micro and small. Service activities are not eligible for general category except a few listed ones.₹4.34 lakh
State interest help (over the years)9% × 5 years · on a loan of about ₹26.02 lakhPavala Vaddi: interest above 3% a year is reimbursed, up to 9% a year, for 5 years from production. New micro and small units only; loan must be disbursed within 6 months of production.₹11.71 lakh
Up to, if every scheme applies₹23.27 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: Micro and small: 100% of net SGST for 5 years or until 100% of eligible fixed capital investment, whichever comes first. Source ↗
- Stamp duty: 100% reimbursement of stamp and transfer duty on land purchase, and of stamp duty on lease, mortgage and hypothecation (land up to 5 times plinth area). Source ↗
- Electricity duty: ₹1.00 per unit on energy charges for 5 years (₹1.50 for SC/ST/PwD units). Source ↗
- Land cost and conversion: Land cost 25% up to ₹10 lakh in TGIIC/approved parks (SC/ST/PwD 50% up to ₹50 lakh); land conversion 25% up to ₹10 lakh. Source ↗
- Quality, ZED and patent: Quality/ZED certification 50% up to ₹2 lakh (SC/ST/PwD 100% up to ₹3 lakh); patent 100% up to ₹2 lakh. Source ↗
Where this work already happens
- Siricilla — Powerloom textiles: polyester and cotton fabric
Land and sheds
- State land agency: Telangana Industrial Infrastructure Corporation (TGIIC) ↗
- Plot portal: TG-iPASS (land allotment application) ↗
Free government help in this state
54 offices: District Industries Centres, MSME offices and more
Telangana