U.P. Defence & Aerospace Unit & Employment Promotion Policy 2018 & 2019 (First Amendment)

Key Policy Objectives

GO BACK

  • Establish the State as D&A manufacturing hub in the country
  • Promote establishment of private D&A park in the State
  • Provide support to the units which wants to establish themselves in the defence corridor
  • Promote R&D in the D&A sector

Key policy highlights

  • Capital Subsidy @10% of FCI (except land cost) upto Rs. 10 Cr and @15% upto max Rs. 15 Cr in Bundelkhand Region for Mega Anchor & Anchor D&A Unit @5% of FCI (except land cost) upto max Rs. 5 Cr and @7.5% upto max Rs. 7.5 Cr in Bundelkhand Region for MSME & Vendor Unit @10% of FCI up to Rs. 10 Cr and @15% of FCI up to a limit of INR 15 Cr in Bundelkhand region for Private Defence & Aerospace Parks @20% up to Rs. 1 Cr for setting up ETP (Mega Anchor & Anchor units)
  • Grant for setting up of Common Facility Centres @ 25% wherein 75% grant has been provided by GoI 
  • Stamp Duty@100% exemption
  • Transport subsidy (Mega Anchor & Anchor units) @50% subsidy upto consolidated maximum Rs. 2 Cr for transporting imported plant and machinery from logistic park/ transport hub/ port/ harbour to the production unit @30% subsidy up to Rs. 1 Cr (per annum for 5 years) for transporting finished goods to logistic park/ transport hub/ port/ harbour from the production unit
  • Technology transfer (Mega Anchor & Anchor units) @75% for the first 5 units and @50% towards the next 5 units up to Rs. 50 lakhs per unit

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