Uttar Pradesh Textile and Garmenting Policy 2022
The Uttar Pradesh Textile and Garmenting Policy 2022 aims to establish the state as a global textile manufacturing hub by attracting INR 10,000 crore in investment and creating 5 lakh jobs. It offers a comprehensive package of incentives including up to 25% capital subsidy, 100% stamp duty exemption, 60% interest subsidy, and electricity duty exemptions. Special provisions are available for units in PM MITRA Parks, private textile parks, and the silk industry over a 5-year operative period.
Key Summary
- Ministry / Authority
- Department of Handloom and Textiles, Government of Uttar Pradesh
- Incentive Type
- Composite state package (capital subsidy + interest subvention + stamp duty & electricity duty exemptions + employment & freight subsidies)
- Incentive Rate
- Capital subsidy 15%–25% of P&M (up to ₹100 Cr); Interest subsidy 60% (7 yrs, up to ₹1.5 Cr/yr); Stamp duty exemption 75%–100%; Electricity duty exemption 100% (10 yrs); Employment subsidy ₹3,200/worker/month (5 yrs); Freight reimbursement 25%–75% (5 yrs)
- Min. Investment
- —
- Application Deadline
- Open
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