Aerospace and Defence, Space Technology
- Pre-existing base of defence component suppliers around Durg-Bhilai-Raipur cluster.
- Through it’s policies, Government of Chhattisgarh aims to catalyze indigenous manufacturing of Defence equipment and reduce imports of such commodities.
Defence component suppliers – Durg-Bhilai-Raipur cluster.
Defence Research & Development Organization (DRDO) unit in Jagdalpur.
Space Manufacturing Cluster, Rajnandgaon (Upcoming).
Policy Incentives: (for Investments > INR 50 Cr in P&M)
Fixed Capital Investment Subsidy – 35% up to INR 300 Crores
* Provision of Employment Multiplier applied based on employment of State domiciles, an additional FCI subsidy is provided.
Interest Subsidy of 50% of actual interest up to Rs. 20 crores per year for 5 years.
Salary Support – 20% of net salary for 5 years.
Bespoke Incentives for investments over Rs 1,000 Cr or 1,000+ jobs.
First 5 units investing Rs 200 Cr+ get special incentives.