Scheme for Setting Up of Industrial Estates

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation

Infrastructure Development

Loan support for estate creation

Financial assistance is provided to develop industrial estates, including roads, utilities, and sheds.

Loan Amount

Need-based

Loan is sanctioned based on project requirement and feasibility.

Repayment

Term-loan pattern

Repayment is structured over multiple years based on project revenue generation.

Eligibility Criteria

For Developers:

  1. Government bodies, PIPDIC, municipalities, or eligible private entities
  2. Must propose industrial estate development project
  3. Must meet financial and technical viability norms

For MSME Allottees:

4. Must be an SSI or micro-enterprise or planning to establish one
5. Activity must be industrial/manufacturing in nature
6. Must comply with PIPDIC/DIC allotment norms
7. Project must be viable and non-polluting (as per norms)

Non-eligibility conditions:

Documents Required

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)

For MSME Allottees:

  1. Monitor PIPDIC/DIC notifications for allotment
  2. Collect/download application form
  3. Fill enterprise and project details
  4. Select required plot/shed size
  5. Submit application before deadline
  6. Undergo evaluation and selection
  7. Receive allotment approval
  8. Execute lease/hire-purchase agreement
  9. Start unit setup

For Developers:

  1. Prepare industrial estate development proposal
  2. Submit to PIPDIC/Industries Department
  3. Obtain approval and funding
  4. Develop infrastructure and plots
  5. Allocate to MSMEs
Scheme for Setting Up Industrial Estates for Business Growth