CAPITAL SUBSIDY :
Eligible Enterprises
All New Micro Manufacturing Enterprises set up anywhere in the State, All New Micro, Small and Medium Agro based and Food Processing Enterprises set up in all 385 blocks in the State, All New Small and Medium Manufacturing Enterprises set up in backward areas and industrial estates, excluding the industrial estates located within the radius of 50 Kms from Chennai city centre, Existing Manufacturing Enterprises of the above three categories which have taken up substantial expansion / diversification of the existing activities.
Quantum of subsidy
15% on eligible plant and machinery value, subject to a maximum of Rs.30 lakhs.
