§1Who it is for
- Thrust-sector manufacturing MSMEs and exporters - new, expansion or diversification projects
Useful if
Thrust-sector manufacturing MSMEs in industrial zones.
Do not spend time on it if
Traders, services, non-thrust sectors.
§2Eligibility
- Thrust sector: auto & components/EV; aerospace & defence; general engineering, metal products, steel fabrication; electrical, electronics, scientific instruments; pharma & medical devices; rubber & plastic (incl. toys, sports); footwear & leather; renewable energy/circular economy/green industry; textile & apparel
New/expansion/diversification project
- No other capital subsidy for same component under any state policy
§3Benefits
- 15%-30% of eligible capital expenditure by area, max ₹2-4 crore
§4Norms — pattern of assistance
- Core Areas 15%, max ₹2.00 crore
- Intermediate 20%, max ₹2.50 crore
- Sub-Prime 25%, max ₹3.50 crore
- Prime/Focus 30%, max ₹4.00 crore
- +5% for women/SC/Divyang/transgender/ex-servicemen/Agniveer-owned thrust-sector MSMEs
- +10% for existing exporting MSMEs doing expansion or JV with foreign investor
- Overall incentives capped at 100% of FCI
§5Documents
The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.
§6How to apply
- 1
Scheme guidelines to be notified (policy para 3.7)
§7Pros and cons
Merits
- Up to 30% capital subsidy in Prime/Focus areas
Demerits
- Only thrust sectors
- Operational guidelines pending at notification
→Related schemes
Need help with HUVM capital subsidy?
Eligibility check, DPR and application file — ask us on WhatsApp.
Our interestHelp is our paid service. You can also apply for the scheme yourself.
¶Sources
Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.
