West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs: Incentive for Basic and Essential Common Infrastructure Facilities
West Bengal Incentive Scheme for Approved Industrial Park (SAIP) - Incentive for Basic and Essential Common Infrastructure Facilities is a Government of West Bengal incentive implemented through the Department of Micro, Small & Medium Enterprises and Textiles, notified under the SAIP Scheme 2020 and amended on 20 September 2021, with a validity of 5 years from notification.
The scheme aims to support development of industrial parks by providing capital assistance for creation of essential infrastructure such as roads, drainage, power, and utilities. For you as an MSME developer or SPV, this incentive significantly reduces infrastructure development cost and improves project viability.
Key Features
- Infrastructure development support: Financial assistance for creation of basic and essential common infrastructure facilities in industrial parks.
- One-time capital incentive: Back-ended subsidy provided based on land area of the industrial park.
- Phased disbursement: Incentive released in three stages linked to project progress.
- Encouragement for private developers: Promotes private sector participation through SPV model.
- Boost to MSME ecosystem: Ensures availability of ready infrastructure for MSME units.
- Integration with other incentives: Can be combined with CETP, stamp duty, and other SAIP benefits.
Financial Assistance
Eligibility Criteria
- Must be a Special Purpose Vehicle (SPV)
- SPV must be registered under Companies Act / LLP / Society / Partnership
- Must develop an Approved Industrial Park (AIP)
- Must meet minimum land area requirements (5–20 acres depending on location)
- Minimum 60% area must be allocated for MSME industrial activities
- Project must be approved by State Level Empowered Committee (SLEC)
Additional conditions:
- Completion of infrastructure within stipulated time (2 years + extension)
- Compliance with all statutory approvals
Non-eligibility conditions:
- Projects without SPV structure
- Incomplete infrastructure development
- Non-compliance with scheme conditions
Documents Required
- SPV Registration Certificate
- Detailed Project Report (DPR)
- Land ownership / lease documents
- Infrastructure development cost details
- Project approval documents (SLEC)
- Bank account 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 (Government Process)
- Apply to WBSIDCL in Form-I for industrial park approval
- Obtain in-principle approval
- Submit DPR for final approval
- Receive approval from SLEC
- Start infrastructure development
- Apply for 1st instalment after initial work completion
- Apply for 2nd instalment after allotment and infrastructure progress
- Apply for final instalment after full completion
- Submit claim in Form-II with documents
- Verification by WBSIDCL / third-party agency
- Approval and disbursement of incentive
- Track application status through WBSIDCL