Textiles
Maximum benefit: ₹40.0 Cr
Grant for infrastructure in integrated textile parks for small and medium textile units
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Form a Special Purpose Vehicle
Group of textile units forms an SPV (Special Purpose Vehicle) under Companies Act to apply for SITP
Identify Land & Prepare DPR
Secure land (own or leased) and prepare a Detailed Project Report (DPR) covering infrastructure layout and costs
Submit to Ministry of Textiles
Submit DPR to the Ministry of Textiles for technical and financial appraisal
Project Approval & Agreement
Approved projects sign a tripartite agreement between Ministry, SPV, and state government
Grant Release in Tranches
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Central grant (up to 40% or Rs 40 crore) released in phased tranches as infrastructure milestones are met