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1. Objective
Technology Upgradation.
2. Eligible units
- All new / existing units in SSI sector.
- 21 specified products / sub sectors
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Leather, Food Processing,
Information Technology (hardware), Pharmaceuticals,
Auto Components, Electronics, Glass/Ceramic,
Toys, Tyres, Hardtools, Foundry, Stone
industry, Medicinal aromatic plants,
Combustion devices / appliances, Gold
plating and Jewellery, Common effluent
treatment plants, Bio-tech industries,
Plastic moulded / extruded products
and parts / components and Corrugated
boxes.
- SSI units graduating to MSI.
3.Definition
of Technology Upgradation
- Induction of state-of-the-art technology
-
Significant step-up
from the present technology level to
a substantially higher one involving
improved productivity, quality and environmental
conditions.
-
Installation of
improved packaging techniques, anti-pollution
measures and energy conservation machinery.
4.
Eligible Proposals
-
Eligible proposals sanctioned
upto 31.03.2007 or till the time of sanction of
capital subsidy reaches Rupees One Hundred crores
whichever is earlier.
-
Installation of
second hand machinery not eligible
-
Replacement of existing
machinery with the same machinery /
technology not eligible
5.
Subsidy
15% Capital Subsidy on purchase price of
eligible plant and machinery. [w.e.f. 29.09.2005]
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