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Sector Medical devices
State Kerala
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Overview

Kerala economy is transforming into a service economy with high inward remittance and skilled technical human resources. Development of more enterprises by fortifying the skilled human capital and promoting investments including domestic as well as foreign in all the sectors to entail in the total economic development of the State through employment generation and export oriented business is the major objective of the Government.

Kerala-Wirtschaft

State Incentives

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  • One-Time Incentives
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Land Cost Rebate

  • Investment in Land, Building, Plant & machinery, Electrification, Essential Office Equipments, Pollution Control Devices and other fixed assets are eligible

  • For General Category Assistance is 15% limited to INR 20 lakhs

  • For Young (18 to 45 years), Women and SC/ST entrepreneurs, the assistance is 20% limited to INR 30 lakhs

  • Enterprises in priority sector are eligible for additional assistance of 10% limited to INR 10 lakhs

  • MSMEs started in the districts of Idukki, Wayanad, Kasargode and Pathanamthitta are eligible for additional support of 10% limited to INR 10 lakhs

  • Industries set up after acquiring new technology from approved research institutions  are eligible for additional support of 10% limited to INR 10 lakhs

  • The total eligible assistance for an enterprise is limited to INR 30 lakhs

 

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