Odisha Aerospace and Defence Manufacturing Policy 2018
The Odisha Aerospace and Defence Manufacturing Policy 2018 targets aerospace and defence manufacturing units, offering capital subsidies up to 10% (capped at ₹50 Cr), 100% SGST reimbursement for 7–9 years, 100% electricity duty exemption for 10 years, and interest subvention up to 5% per annum. Special packages are available for the first three OEMs with investments over ₹1,000 Cr.
Key Summary
- Ministry / Authority
- Industries Department, Government of Odisha
- Incentive Type
- Composite state package (capital subsidy + SGST reimbursement + interest subvention + exemptions + employment subsidy)
- Incentive Rate
- Capital subsidy 10% of investment (up to ₹50 Cr) or ₹100 Cr for top 3 OEMs; SGST reimbursement 100% (7-9 yrs); Interest subsidy 5% (5-7 yrs, up to ₹1 Cr/yr); Stamp duty 100% exemption; Electricity duty 100% exemption (10 yrs); Power tariff subsidy ₹0.25–₹1.25/unit (5 yrs)
- Min. Investment
- ₹50 Cr
- Application Deadline
- Open
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