Investment Promotion Assistance To Setup Large/Mega/Ultra-Mega Tourism Projects
The Investment Promotion Assistance to Setup Large, Mega, and Ultra-Mega Tourism Projects is implemented by the Department of Tourism, Government of Madhya Pradesh under the state’s tourism policy framework. The scheme is designed to attract large-scale private investment in tourism infrastructure by offering structured financial incentives.
The primary objective of the scheme is to promote high-value tourism projects such as resorts, hotels, convention centres, theme parks, and wellness tourism facilities. It aims to position Madhya Pradesh as a leading tourism destination by improving infrastructure and visitor experience. For you as an MSME scaling into large hospitality or tourism ventures, this scheme offers significant financial support to reduce capital and operational costs.
Key Features
- Focus on High-Value Tourism Projects - The scheme specifically targets large-scale investments that can significantly boost tourism capacity and attract domestic and international visitors.
- Categorisation of Projects - Projects are classified as Large, Mega, and Ultra-Mega based on investment size, and incentives are structured accordingly.
- Customised Incentive Support - Instead of a one-size approach, incentives are tailored based on project scale, location, and potential economic impact.
- Infrastructure Development - The scheme promotes development of high-quality tourism infrastructure, improving overall visitor experience.
- Employment Generation - Large tourism projects create significant direct and indirect employment opportunities in the state.
Financial Assistance
Eligibility Criteria
To qualify for benefits under this scheme, you must meet the following conditions:
- The project must fall under Large, Mega, or Ultra-Mega category based on investment size
- The project must be located in Madhya Pradesh
- The project must be in tourism or hospitality sector
- The project must be approved by the competent authority under tourism policy
- The applicant must be a registered entity such as company, LLP, or partnership
- The project must achieve commercial operation within prescribed timelines
Documents Required
- Detailed Project Report (DPR)
- Company or entity registration documents
- Land ownership or lease documents
- Financial statements and investment proof
- Bank loan sanction letter
- Statutory approvals and clearances
Application Process
Option 1: Apply with Bullit, Recommended
Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.
Option 2: Apply Online / Offline (Government Process)
Online Process
- Visit the Madhya Pradesh Tourism or Investment portal
- Register your project
- Submit Detailed Project Report (DPR)
- Apply for approval under tourism policy
- Upload required documents
- Track application status
Offline Process
- Submit proposal to Department of Tourism
- Present project to evaluation committee
- Obtain approval and sanction of incentives
- Execute project and claim benefits after milestones
Frequently asked questions
What is the objective of this scheme?
The scheme aims to promote large-scale tourism investment by providing financial incentives to develop world-class tourism infrastructure.
What types of projects are eligible?
Large, mega, and ultra-mega tourism projects such as hotels, resorts, and theme parks are eligible.
What financial benefits are available?
Benefits include capital subsidy, SGST reimbursement, stamp duty exemption, and interest subsidy.
How are projects classified?
Projects are classified based on investment size into Large, Mega, and Ultra-Mega categories.
Is land cost covered under the scheme?
Stamp duty and registration cost may be reduced through exemptions, but direct land cost is generally not reimbursed.