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Scheme of Direct Assistance for Development of Industrial Infrastructure for SSI Sector

Eligible borrowers:

All forms of organization such as public/private limited companies. Registered societies/trusts, Government corporations, corporative entities/accredited NGOs approved by KVIC are also coming under the preview of this scheme.

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Purpose:

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Setting up of industrial estate/development of industrial areas including such projects found eligible under KVIC (Khadi and Village Industry Commission) model.

Strengthening of existing industrial clusters/Estates by providing increased amenities for smooth working of the industrial units.

Providing support services i.e., common utility centers such as convention hall, trade centre’s, new material depot, warehousing, tool room etc. or any other infrastructural facilities which will benefit.

Equipment Finance Scheme:

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Eligible borrowers:

Any existing units in SSI sector with good record of performance and sound financial position can enjoy the benefit of this scheme.

They should have been in operation for at least three years and have earned profits and/or declared dividend during two years preceding to take up the scheme. The units should not be in default to institutions/banks in payment of dues.

Purpose:

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For acquisition of machinery / equipment, including DG sets, both indigenous and imported, which are not related to any specific project.

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