Viksit Gujarat Industrial Policy 2026: Incentives, Eligibility & Process for Large, Mega & Ultra-Mega Industries
The Viksit Gujarat Industrial Policy 2026 (1 June 2026 to 31 May 2031) gives Large, Mega and Ultra-Mega industries capital subsidy, interest subsidy and power tariff support, capped at 15% to 50% of eligible fixed capital investment depending on sector and taluka category. Large units need over ₹125 crore in plant and machinery; Mega units ₹1,000 crore; Ultra-Mega units ₹10,000 crore, with employment and thrust-sector conditions.
The Viksit Gujarat Industrial Policy 2026 introduces an assistance framework for Large, Mega and Ultra-Mega industries, supporting industrial investment, infrastructure development and growth in identified thrust sectors. The Industries and Mines Department notified the scheme through a Government Resolution (GR) dated 8 September 2026, and the policy period runs from 1 June 2026 to 31 May 2031.
Businesses planning new manufacturing projects or significant industrial investments must understand the eligibility criteria, eligible investments, application timelines, and available policy options before commencing commercial production.
In this guide, we explain the key provisions of the Assistance Scheme for Large, Mega & Ultra-Mega Industries under the Gujarat Industrial Policy 2026. Investing up to ₹125 crore in plant and machinery? That falls below the Large category — see our guide to [MSME incentives under the Viksit Gujarat Industrial Policy 2026] instead.
Key Highlights
- Policy period: 1 June 2026 to 31 May 2031
- Categories: Large (P&M above ₹125 crore), Mega (₹1,000 crore), Ultra-Mega (₹10,000 crore)
- Incentives: capital subsidy, interest subsidy (7%) and power tariff support, within an overall ceiling of 15%–50% of EFCI
- Higher slab for Category A talukas; Category B talukas receive lower slabs
- Choice between the previous scheme and the 2026 scheme for units starting production on or after 1 June 2026
Viksit Gujarat Industrial Policy 2026 at a Glance
| Particular | Details |
| Policy Name | Viksit Gujarat Industrial Policy 2026 |
| Applicable Scheme | Assistance Scheme for Large, Mega & Ultra-Mega Industries |
| Government Resolution | GR No. IMD/WRT/e-file/9/2026/2320/I, dated 8 September 2026 |
| Policy Period | 1 June 2026 to 31 May 2031 |
| Eligible Businesses | Large, Mega & Ultra-Mega Industries |
| Primary Focus | Industrial investment and development |
The scheme provides a framework for eligible industries to apply for assistance based on their investment category and applicable policy conditions.
Who Can Apply? Eligibility for Large, Mega & Ultra-Mega Industries
| Category | Criteria |
| Large | Minimum investment in Plant and Machinery above ₹125 crore |
| Mega | Minimum investment of ₹1,000 crore
AND 250 employment AND belonging to thrust sectors |
| Ultra-Mega | Minimum investment of ₹10,000 crore
AND 3,000 employment AND belonging to thrust sectors |
For Mega and Ultra-Mega status, all three conditions- investment, employment, and thrust-sector business must be met.
Which Thrust Sectors Qualify Under the Gujarat Industrial Policy 2026?
Thrust Sectors (16)
- Green Energy Ecosystem
- Mobility
- Capital Equipment
- Metals & Minerals
- Textiles & Apparels
- Sustainability
- Agro Processing
- Chemicals
- Healthcare
- Ancillary units to Semicon Industries
- Nuclear Power Equipment (including SMR)
- Vehicle Scrapping Facilities
- Electronics Waste Recycling
- Textile Waste Recycling
- Shipping Container Manufacturing
- Heavy Earth Moving Equipment
Selected Thrust Sectors (5)
These sectors sit in the highest incentive slab:
- Sports Goods & Equipment Manufacturing
- Toys Manufacturing
- Footwear Manufacturing
- Robot Manufacturing
- Drone Manufacturing
What Fixed Capital Investment Is Eligible for Subsidy?
The following categories of Eligible Fixed Capital Investment (EFCI) count towards the incentive:
- New Building
- Other Construction
- Plant & Machinery
- Project Related Infrastructure
Eligible Fixed Capital Investment Period
The period during which investment is counted depends on the size of the Gross Fixed Capital Investment (GFCI) and is measured from the Date of Commercial Production (DoCP).
| Gross Fixed Capital Investment (GFCI) | Eligible Investment Period |
| Up to ₹1,000 crore | 18 months from DoCP |
| More than ₹1,000 crore up to ₹10,000 crore | 24 months from DoCP |
| More than ₹10,000 crore up to ₹1,00,000 crore | 36 months from DoCP |
| More than ₹1,00,000 crore | 48 months from DoCP |
DoCP – Date of Commercial Production
What Subsidy Benefits Do Large, Mega & Ultra-Mega Units Get?
Benefits depend on three things: unit size (Large, Mega or Ultra-Mega), sector (general, thrust or selected thrust) and the location of the project. Location is measured by the taluka classification under the policy; Category A talukas receive the higher slab, and Category B talukas the lower. See our update on the [Category A and Category B taluka classification] to check your project location.
Core Incentives: Capital Subsidy, Interest Subsidy & Power Tariff Support
| Category | Sector | Category A incentives | Category B incentives | Overall ceiling (% of EFCI) | Annual ceiling (₹ crore) |
| Large | General | Capital: 15% (10 yrs)
Interest: 7% (up to 15%) Power: ₹2/unit (up to 15%) |
Capital: 10% (10 yrs)
Interest: 7% (up to 10%) Power: ₹1/unit (up to 10%) |
20% (A)
15% (B) |
150 |
| Large | Thrust | Capital: 25% (8 yrs)
Interest: 7% (up to 20%) Power: ₹2/unit (up to 20%) |
Capital: 15% (8 yrs)
Interest: 7% (up to 15%) Power: ₹1/unit (up to 15%) |
35% (A)
25% (B) |
300 |
| Large | Selected Thrust | Capital: 35% (8 yrs)
Interest: 7% (up to 20%) Power: ₹2/unit (up to 20%) |
Capital: 30% (8 yrs)
Interest: 7% (up to 20%) Power: ₹1/unit (up to 20%) |
50% (A)
45% (B) |
300 |
| Mega | Thrust | Capital: 25% (10 yrs)
Interest: 7% (up to 25%) Power: ₹2/unit (up to 25%) |
Capital: 20% (10 yrs)
Interest: 7% (up to 20%) Power: ₹1/unit (up to 20%) |
35% (A)
30% (B) |
750 |
| Mega | Selected Thrust | Capital: 35% (10 yrs)
Interest: 7% (up to 20%) Power: ₹2/unit (up to 20%) |
Capital: 30% (10 yrs)
Interest: 7% (up to 20%) Power: ₹1/unit (up to 20%) |
50% (A)
45% (B) |
750 |
| Ultra-Mega | Thrust | Capital: 30% (12 yrs)
Interest: 7% (up to 25%) Power: ₹2/unit (up to 25%) |
Capital: 25% (12 yrs)
Interest: 7% (up to 20%) Power: ₹1/unit (up to 20%) |
40% (A)
35% (B) |
1,250 |
| Ultra-Mega | Selected Thrust | Capital: 35% (12 yrs)
Interest: 7% (up to 20%) Power: ₹2/unit (up to 20%) |
Capital: 30% (12 yrs)
Interest: 7% (up to 20%) Power: ₹1/unit (up to 20%) |
50% (A)
45% (B) |
1,250 |
How to read this table: the figure in brackets after capital subsidy is the number of years over which it is paid. Interest subsidy is 7% on the term loan, and power tariff support is ₹2 per unit in Category A and ₹1 per unit in Category B — each capped at the “up to” percentage of EFCI shown. The overall ceiling limits all three combined, and the annual ceiling caps the amount payable in any single year.
Other Incentives & Assistance
| Incentive | Benefit | Maximum Cap | Applicability |
| EPF Reimbursement | 100% of employer’s statutory EPF contribution | ₹1,800 per month (male)
₹2,500 per month (female) ₹3,000 per month (specially abled) per employee |
All eligible units |
| Electricity Duty | Exemption from applicable duty | As per Act | All eligible units |
| Stamp Duty & Registration | 100% reimbursement of eligible charges | 100% of eligible amount | Selected Thrust Sectors |
| IPR Assistance | Up to 75% reimbursement | ₹1 crore | Selected Thrust Sectors |
| Technology Acquisition | Up to 75% reimbursement | ₹5 crore | Selected Thrust Sectors |
| International Certification | 100% reimbursement | ₹5 crore | Selected Thrust Sectors |
| Manpower Training | Assistance for training expenses | ₹15,000 per employee per month (up to 12 months) | Selected Thrust Sectors |
| Creative Design Studio | 50% of eligible expenditure | ₹50 crore | Selected Thrust Sectors |
EPF Reimbursement and Electricity Duty Exemption apply to all eligible units. The remaining incentives apply only to Selected Thrust Sectors. All benefits are subject to the conditions and eligibility criteria prescribed in the policy, and overall incentives are subject to the sector- and category-wise ceilings above.
What Is the Application Procedure & Timeline?
| Stage | Condition | Application | Timeline |
| 1. Registration | Before commercial production | Registration | Before DoCP OR within 3 months from GR date, whichever is later |
| 2. After DoCP | If the entire investment is not completed on DoCP | PEC | Within 3 months from DoCP OR 3 months from Registration Certificate date, whichever is later |
| 3. After DoCP | Entire investment completed on DoCP | Direct FEC | Within 3 months from DoCP OR 3 months from Registration Certificate date, whichever is later |
| 4. Investment completed within eligible investment period | PEC not yet taken, or direct FEC | FEC | Within 3 months from completion of project |
| 5. Investment not completed within eligible investment period | Investment period expires | FEC | Within 3 months from the last date of the eligible investment period |
| 6. Delayed FEC | Application after prescribed 3 months | Delayed FEC | Allowed up to 1 year from prescribed due date; incentive reduced proportionately |
| 7. Beyond 1 year | FEC not submitted within 1 year | — | Not entertained |
DoCP – Date of Commercial Production PEC – Provisional Eligibility Certificate FEC – Final Eligibility Certificate GR – Government Resolution
Time-sensitive: for units that began commercial production on or after 1 June 2026, the “3 months from GR date” registration window in Stage 1 points to 8 December 2026 (3 months from the 8 September 2026 GR). Confirm your exact deadline before it passes.
Can You Opt for the Previous Scheme Instead of the 2026 Scheme?
- Production before 1 June 2026: previous scheme only.
- Production on or after 1 June 2026: the applicant can choose the previous scheme or the 2026 scheme.
If you choose the previous scheme:
- The application must be submitted within 6 months from the GR date (i.e., by 8 March 2027 for a GR dated 8 September 2026).
- The option, once exercised, is final and irrevocable.
- After 6 months, applications will be considered only under the 2026 scheme.
- Commercial production must commence on or before 4 October 2027.
For the 2026 scheme, eligible fixed capital investment under the applicable provision covers assets acquired and paid for from 1 January 2026, subject to the scheme conditions.
Key Takeaways
- The Viksit Gujarat Industrial Policy 2026 runs from 1 June 2026 to 31 May 2031.
- Large units need over ₹125 crore P&M investment; Mega and Ultra-Mega also need employment targets and a thrust-sector business.
- Incentives combine capital subsidy, 7% interest subsidy and power tariff support, capped at 15%–50% of EFCI, with higher slabs in Category A talukas and for selected thrust sectors.
- Registration and eligibility-certificate deadlines are strict — a delayed FEC reduces the incentive, and anything beyond one year is rejected.
- The choice between the previous and 2026 scheme is irrevocable, so compare both before applying.
Frequently Asked Questions
What is the Viksit Gujarat Industrial Policy 2026 for Large, Mega and Ultra-Mega industries?
It is an assistance scheme under the Viksit Gujarat Industrial Policy 2026, operative from 1 June 2026 to 31 May 2031, that supports industrial investment, infrastructure development and growth in thrust sectors through capital subsidy, interest subsidy, power tariff support and other incentives.
What investment is needed to qualify as a Large, Mega or Ultra-Mega industry in Gujarat?
A Large industry needs plant and machinery investment above ₹125 crore. A Mega industry needs at least ₹1,000 crore investment, 250 employment, and a thrust-sector business. An Ultra-Mega industry needs at least ₹10,000 crore investment, 3,000 employment and a thrust-sector business.
How much subsidy can Large, Mega and Ultra-Mega units get under the policy?
The overall incentive ceiling ranges from 15% to 50% of eligible fixed capital investment (EFCI), depending on unit size, sector and whether the taluka is Category A or Category B. Absolute annual ceilings are ₹150 crore or ₹300 crore for Large, ₹750 crore for Mega and ₹1,250 crore for Ultra-Mega units.
Which sectors are thrust sectors under the Viksit Gujarat Industrial Policy 2026?
There are 16 thrust sectors, including Green Energy Ecosystem, Mobility, Capital Equipment, Metals & Minerals, Textiles & Apparels, Chemicals, Healthcare and Agro Processing. Sports goods, toys, footwear, robot and drone manufacturing are selected thrust sectors.
What is the eligible investment period under the policy?
The eligible investment period runs from the Date of Commercial Production (DoCP): 18 months for gross fixed capital investment up to ₹1,000 crore, 24 months up to ₹10,000 crore, 36 months up to ₹1,00,000 crore and 48 months above that.
What are the application stages and deadlines under the scheme?
Register before commercial production or within 3 months from the GR date, whichever is later. After DoCP, apply for a Provisional Eligibility Certificate (PEC) or a direct Final Eligibility Certificate (FEC) within 3 months. A delayed FEC is allowed up to 1 year with proportionately reduced incentive, and applications beyond 1 year are not entertained.
Can a unit choose the previous scheme instead of the 2026 scheme?
Units in commercial production before 1 June 2026 stay under the previous scheme. Units starting production on or after 1 June 2026 may choose either scheme, but must apply for the previous scheme within 6 months from the GR date and start production by 4 October 2027. The choice is final and irrevocable.
Need help with registration, PEC/FEC filing, or choosing between schemes?
Contact SDS Fin Advisory for a project-specific subsidy review.
