Subsidy for a metal or heavy engineering unit.
Rolling, forging, foundry and fabrication units are read against the same state industrial packages, and what separates the claims is the power load, the land and the machinery. Those three are what we check before telling you what is worth applying for.
Power, land and machinery
These decide the head you fall under far more than the product you make does.
The state package is the bulk of it
Capital subsidy, power tariff and land allotment all sit in the state industrial policy.
Filed end to end
Project report, bank appraisal, the incentive application and the claim after commissioning.
Metal & Heavy Industry Subsidy
Tell us the project. We come back with the schemes you qualify for.
Central schemes this sector applies under
Every figure, every deadline and the notification behind it are on the scheme’s own page.
- Production Linked Incentive — Speciality SteelFor the grades the scheme notifies, at its scale.
- CLCS-TUS — Credit Linked Capital SubsidyThe technology upgradation route for plant and machinery.
- MSE-CDP — Cluster DevelopmentFor common facility centres in an engineering cluster.
- MCGS-MSME — Mutual Credit GuaranteeThe guarantee route for a collateral-free term loan on machinery.
- CGTMSE — Collateral-Free CreditThe guarantee behind the term loan the project needs.
State policies that cover it
Where the unit is registered decides most of what it can claim. These are the policies we work with; if your state is not here, ask — the list grows as the policies are read.
Not sure which of these your project qualifies for?
Send the project details and we come back with the shortlist, in the order they have to be applied in.