Haryana Pharmaceutical Policy-2019
The Haryana Pharmaceutical Policy-2019 aims to transform Haryana into a hub for pharmaceutical manufacturing, targeting INR 2,000 crore in investment and 25,000 new jobs. It offers key incentives including a 25% capital subsidy on plant and machinery, a 5% interest subsidy on working capital, and employment generation subsidies for units in designated Pharma Parks like Karnal.
Key Summary
- Ministry / Authority
- Industries and Commerce Department, Government of Haryana
- Incentive Type
- Composite state package (capital subsidy + interest subvention + employment incentives + infrastructure support)
- Incentive Rate
- Capital subsidy of 25% on plant & machinery (max ₹50 Lakh); Interest subsidy of 5% p.a. on working capital loans for 5 years (max ₹25 Lakh/yr); Employment generation subsidy up to ₹36,000/yr per employee for 5 years
- Min. Investment
- —
- Application Deadline
- Open
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