Uttarakhand Mega Industrial and Investment Policy - 2021
Uttarakhand Mega Industrial and Investment Policy – 2021 is a Government of Uttarakhand policy implemented through the Department of Industries to attract large, mega, ultra-mega, and super-mega industrial investments in the state. The policy was operationalised through detailed guidelines issued in December 2022 and is applicable for investments made during the policy period.
The objective is to promote industrialisation, employment generation, and regional economic development, especially by attracting capital-intensive projects. For you as an MSME scaling up or a large investor, this policy offers substantial fiscal incentives, subsidies, and infrastructure support, making Uttarakhand an attractive destination for investment.
Key Features
- Classification-based incentives: Projects are categorised into Mega, Ultra Mega, and Super Mega based on investment size, with higher incentives for larger investments.
- Comprehensive fiscal support: The policy provides a mix of subsidies, reimbursements, and incentives covering capital investment, taxes, electricity, and employment.
- Land and infrastructure support: Industrial land is allocated through SIDCUL with concessions and rebates depending on project scale.
- Focus on employment generation: Special incentives are linked to job creation, especially for local and women employees.
- Long-term benefit period: Many incentives such as SGST reimbursement and electricity support are provided for up to 5 years after commencement of production.
Financial Assistance
Eligibility Criteria
- Applicant must be an industrial enterprise (new or expansion)
- Project must fall under Mega/Ultra Mega/Super Mega investment category
- Must be located in designated industrial areas of Uttarakhand
- Must involve significant capital investment in plant, machinery, and land
- Must obtain required approvals under Single Window System
- Must commence commercial production within policy timeline
Non-eligibility conditions:
- Non-industrial or ineligible service activities
- Projects not meeting investment thresholds
- Units failing to commence production within stipulated time
Documents Required
- Company Incorporation Documents
- Aadhaar/PAN of promoters
- Detailed Project Report (DPR)
- Investment proof (plant & machinery)
- Land documents / lease agreement
- Statutory approvals (pollution, factory license, etc.)
- Bank details
- Employment details
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)
- Register on Uttarakhand Single Window Clearance Portal
- Submit project proposal (DPR)
- Apply for In-Principle Approval
- Obtain Provisional Eligibility Certificate (PEC)
- Set up unit and commence production
- Apply for Final Eligibility Certificate
- Submit claims for incentives (SGST, electricity, etc.)
- Track disbursement through nodal agency