Uttarakhand is proud of having a history of industrial harmony with a good number of automobile and auto-component manufacturers in the state. Pantnagar and Haridwar have evolved as important auto hubs in the Northern India. Most of the Auto component units are contract manufacturers and are spread across the state with majority of them located in the Integrated Industrial areas of Pantnagar and Haridwar. There a few private industrial estates, which provide 24*7 electricity, Effluent treatment plants, waste management facility, etc. These Industrial Estates are very well connected to major cities and hubs through roads and railways. To facilitate availability of skilled and trained manpower for the sector, the state is pushing the implementation of National Skill Development Mission throughout the state. The state has a good presence of commercial banks and financial institutions to provide financial assistance to these industries for managing their working capital requirements, daily operation maintenance costs, etc.
Electric vehicle (EV) technology is globally considered a game changer in the transportation sector. It is economically viable with no pollution, cheap fuel costs, low maintenance expenses, energy efficient and safe. Government of India plans to make India an "Electric Vehicle Nation" by 2030. Based on the recent technological-economic development in the EV sector and the Government of India approach, the Government of Uttarakhand has felt the need to formulate a policy to promote this sector in the state. To make Uttarakhand Government, Uttarakhand the preferred destination for electric vehicle manufacturing, creation of high-level infrastructure and developing a favourable manufacturing ecosystem, Uttarakhand Electric Vehicle Manufacturing, EV Utilization Promotion and Related Service Infrastructure Policy-2018 Is bringing policy. In this policy, EV and EV component manufacturing / service ventures have been given special status while defining the auto sector as one of the priority sectors.
Categorization as prescribed under MSME Policy 2015 (as amended 2016, 2018 & 2019)
Category A:
Category B:
Category B+:
Category C:
Category D:
Industry Definitions:
Micro – up to INR 25 lakh for Manufacturing / up to INR 10 lakh for Services
Small - INR 25 lakh to INR 5 Cr for Manufacturing / INR 10 lakh to INR 2 Cr for Services
Medium - up to INR 5-10 Cr for Manufacturing / up to INR 2-5 Cr for Services
Heavy - INR 10-50 Cr for Manufacturing / INR 5-50 Cr for Services
Large - INR 50-75 Cr for Manufacturing / Services
Mega - INR 75-200 Cr for Manufacturing / Services
Ultra-Mega - above INR 200 Cr for Manufacturing / Services
Super Ultra-Mega – Investments above INR 400 Cr with employment generation of minimum 400 people
*Capital Subsidy will be applicable on the fixed investment in factory building, plant & machinery
*Applicable across the state for both Manufacturing and Services sector
*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years
*Only manufacturing units are eligible to avail SGST Reimbursement
*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years
Skill Development/ Training Incentive under Uttarakhand Electric Vehicle manufacturing, EV Usage Promotion and related Services Infrastructure Policy 2018
*Applicable across the state for both Manufacturing and Services sector
*Power Assistance and Reimbursement of Electricity Duty will not be applicable for units falling under the category of Hotels & Resorts under the Mega Industrial & Investment Policy
*only for Manufacturing Units
(Max INR 5 Lakh), or actual transportation cost, whichever less*
Only manufacturing units are eligible to avail Transport Subsidy
*To avail the benefits of this policy, it will be necessary for each unit to employ at least 70% of its total workforce which are a domicile of Uttarakhand
Disclaimer: All the information on this page has been uploaded by the State Government directly.