About this scheme
Punjab Industrial & Business Development Policy 2022 — capital subsidy, interest subsidy up to 50% for industrial automation, electricity duty exemption, employment generation subsidy.
What you get
- Capital subsidy 15-20%
- Interest subsidy 5-7% (50% for automation/Industry 4.0)
- Electricity duty exemption 5-10 years
- Employment generation subsidy Rs. 30,000-Rs. 40,000/employee
- Stamp duty 100% exemption
- SGST reimbursement up to 100%
Who qualifies
New industrial units in Punjab. Special focus on automation, agri-processing, textile, IT, food processing. Border districts get additional benefits.
Industries (NIC divisions)
Food processingBeveragesTextilesApparelLeatherPaperChemicalsPharmaPlastics / rubberFabricated metalsElectrical equipmentMachinery
Business types
ProprietorshipsPartnershipsPrivate LimitedLLPsOne Person Companies
States
PB
How to apply
- 1Register on Invest Punjab portal
- 2Submit Udyam + DPR + bank sanction
- 3Single Window Clearance approval
- 4Annual subsidy claims with proof of investment
Key terms and conditions
- 7-year operational lock-in
- Annual employment + production declaration
- Mandatory automation/Industry 4.0 audit for tech subsidy
What disqualifies you
- Pure trading and real estate excluded
- Negative list industries excluded
Documents typically required
- Udyam
- Invest Punjab portal registration
- DPR
- Punjab land
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.