Building BusinessServices

Watch and Clock Repair Shop · Bihar

What it takes to start watch and clock repair shop in Bihar: today’s cost, the central and state subsidy, where the work already happens and who can help.

cost in the report
₹3.4 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: ₹34,100.₹85,250
State capital subsidy — Bihar30% of machines and buildingUp to 30% of approved project cost. This is one of three options; a unit can take only one (interest subvention + SGST, or SGST alone, or capital subsidy). The brochure gives no separate rates or caps for micro and small units.₹61,200
State interest helpShown as the rule only: the amount depends on your bank’s interest rate.Option 1: interest subvention up to ₹40 crore in total, plus SGST reimbursement up to 100%. Rate and years are not printed in the brochure.—
Up to, if every scheme applies₹1.46 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: Option 2: net SGST reimbursement up to 300% of approved project cost over 14 years. Source ↗
  • Stamp duty: Reimbursement of stamp duty and land conversion fee is reported; it is not printed in the official brochure. Source ↗
  • Mukhyamantri Udyami Yojana (MMUY): For SC/ST, extremely backward classes, women, youth, minorities and Divyangjan: up to ₹10 lakh per project - 50% of project cost up to ₹5 lakh as a grant, and the other 50% up to ₹5 lakh as an interest-free loan (1% interest for the youth component). Age 18 to 50, at least 10+2 or ITI/diploma. Annual rounds with district targets. Source ↗
  • Bihar Laghu Udyami Yojana: Grant up to ₹2 lakh in 3 instalments for poor families (income below ₹6,000 a month), age 18 to 50. Not for those who took MMUY. Source ↗
  • Employment generation incentive: Textile: up to ₹5,000 per employee per month plus 300% of ESI and EPF; other sectors: up to ₹2,000 per employee per month plus 100% of ESI and EPF. Source ↗

How sure we are about this state: Low · Policy: Bihar Industrial Investment Promotion Package 2025 (BIIPP 2025) ↗ · 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

7 offices: District Industries Centres, MSME offices and more

Bihar

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