Rajasthan Industrial Park Promotion Policy 2026
20%
Capital Subsidy on Common Infrastructure
₹40 Cr
Max Subsidy — Parks Above 250 Acres
50 Acres
Minimum Park Area, 10 Units
5 Years
Policy Validity
Why the policy exists
Notified on 6 March 2026 by the Department of Industries and Commerce, the policy provides a framework for planning, developing, operating and maintaining general and sector-specific industrial parks across Rajasthan through private and public-private participation. It runs five years from notification. RIICO is the implementing agency for RIICO-allotted land; the Commissioner, Industries & Commerce, where the developer arranges land itself.
A park must be 50 acres with a minimum of 10 units. The policy states the 50 acres is a floor for eligibility, and there is no upper limit on area under Development Models B and D.
The four development models
| Model | Description |
|---|---|
| A | Developed entirely on RIICO-allotted land, in locations specified in Annexure-1 |
| B | Developer arranges at least 80% of land independently; RIICO allots the remaining 20% |
| C | Developed entirely on land independently arranged by the developer |
| D | RIICO contributes land for a minimum 26% equity stake in a Joint Venture or SPV |
Industrial activity is defined broadly — manufacturing, processing, warehousing, logistics, cold storage, packaging, recycling, printing, testing, hotels, resorts, amusement parks, data centres, global capability centres, business and knowledge process operations, electricity generation, and IT and ITeS activities. A developer may be a proprietorship, LLP, registered partnership or company, alone or through a JV or consortium.
Capital subsidy, green incentive and exemptions
Capital subsidy — 20% of common infrastructure cost
| Park Area | Maximum Capital Subsidy |
|---|---|
| Up to 100 acres | ₹20 Crore |
| 100 to 250 acres | ₹30 Crore |
| More than 250 acres | ₹40 Crore |
A hard gate sits behind the headline rate. In the initial phase the subsidy extends to ten Industrial Parks, or to proposals submitted before March 2027, whichever comes first — the window closes on either a count or a date. Preference goes to parks in Area Category 3 locations under RIPS 2024. Funding is split equally between the State Government and RIICO.
Green incentive — 50% of CETP cost, up to ₹12.5 crore per park
| Contributor | Share | Cap |
|---|---|---|
| State Government | 20% | ₹2.5 crore |
| Rajasthan State Pollution Control Board | 40% | ₹5 crore |
| RIICO | 40% | ₹5 crore |
Exemptions and other support
- •100% electricity duty exemption on captive renewable energy generation for 7 years.
- •25% stamp duty exemption plus 25% reimbursement on land procured for the park.
- •25% conversion charge exemption plus 25% reimbursement.
- •Water and power facilitated at the park boundary wall.
- •Road connectivity to the nearest pucca road, cost shared 60% State and 40% developer, with the State contribution capped at ₹3 crore. The investor deposits 40% upfront and the PWD prepares the DPR within three months.
Common Utility Centres and Plug & Play complexes (per RIPS 2024)
| Head | Incentive |
|---|---|
| Asset creation — one of three | Capital subsidy 10%–20% of EFCI over 10 years; or 75% SGST reimbursement for 7 years; or turnover linked incentive of 1.0%–1.4% for 10 years |
| Top-ups | Employment booster 10–15% of ACI, plus either a 10% thrust booster or a 20% anchor booster |
| Office space lease rental subsidy | 25% of lease rentals for 5 years, up to ₹1 crore per annum |
Approvals and disbursement
- 1Models A and B — approach RIICO with the DPR; land is allotted on a leasehold basis under the prevailing RIICO policy for undeveloped or semi-developed land.
- 2Model C — apply through the RajNivesh portal. The implementing agency submits its evaluation to the Competent Authority preferably within 60 days of a complete application.
- 3The Commissioner, Industries & Commerce decides preferably within 60 days of receiving those recommendations, and issues a Letter of Approval stating approved project cost, incentives and completion timeline.
- 4Model D — RIICO identifies land and selects a private partner by the Annexure-2 scoring, forming an SPV or JV chaired by the Chairman of RIICO.
Disbursement schedule
| Tranche | Share | Milestone |
|---|---|---|
| First | 30% | 50% of infrastructure works complete, with third-party verification |
| Second | 30% | Completion Certificate issued and 40% of allocable area sold or leased |
| Final | 40% | 80% of total allocable area sold or leased |
The back-loading is worth modelling before committing. Seventy percent of the incentive turns on selling or leasing the park rather than building it — a park fully built and certified but slow to fill draws only the first tranche.
Annexure 2 — PPP selection criteria
An applicant must secure at least 50% of the 60 available marks to be technically qualified under Model-D.
| Average Net Worth (last 3 FYs) | Marks (of 25) |
|---|---|
| ₹2,000 crore or more | 25 |
| ₹1,500 crore to less than ₹2,000 crore | 20 |
| ₹1,000 crore to less than ₹1,500 crore | 15 |
| ₹500 crore to less than ₹1,000 crore | 10 |
| Less than ₹500 crore | 5 |
Track record carries 35 marks — up to 5 eligible projects at 7 marks each. A project qualifies at minimum 100 acres, developed by the applicant, with clearly evidenced saleable area. Marks per project run from 7 at 70% or more of saleable area sold, down by one mark per 10% band to 0 for more than 0% but less than 10%. Full marks require five projects each at 70% or above; fewer projects reduce marks proportionately.
Source: Rajasthan Industrial Park Promotion Policy 2026, Notification No. F: P.4()Ind/2024-25/05176/7704563 dated 06/03/2026. Benefits continue beyond the operative period where approval and the Letter of Approval fell within it and investments are made on approved timelines. Withdrawn or wrongly availed benefits are recoverable with 12% interest per annum as arrears of land revenue.