Investment Promotion Scheme (IPS) 2022- for Thrust Sectors: Scheme For Vaccine Manufacturing Units
Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu · Central government
Funds vaccine manufacturing units in Dadra & Nagar Haveli and Daman & Diu with credit-linked interest subsidy up to ₹3 crore and capital investment subsidy up to ₹10 crore.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹13,00,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
- Scheme duration
- 5 years
About this scheme
The Investment Promotion Scheme (IPS) 2022 was introduced on May 7, 2022 by the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. It functions as an umbrella scheme offering incentives and assistance to the MSME sector, with the goal of advancing industrial growth and entrepreneurship in identified thrust sectors and shielding enterprises from market fluctuations.
The wider IPS 2022 sets out to double the value of exports from processed products, build the U.T. into a manufacturing hub for specific products, advance environmental protection measures, lower unemployment by incentivising local labour, raise women's participation in business, assist first-generation entrepreneurs, develop youth entrepreneurship skills, and promote innovation through R&D and patenting.
Under IPS 2022, the "Scheme For Vaccine Manufacturing Units" operates as a dedicated sub-scheme aimed at the health and biotech sector. It extends financial support to entities producing vaccines. Eligible vaccine manufacturing units can draw on credit-linked interest subsidies as well as capital investment subsidies, with the aim of establishing the U.T. as a key centre for vaccine production and related innovation. New enterprises, along with existing ones pursuing expansion or diversification, are specifically encouraged under the sub-scheme.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Required
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Dadra and Nagar Haveli and Daman and Diu
- New Enterprises and Existing Enterprises that began commercial production during the Scheme's operative period are eligible. - Gross Fixed Capital Investment (GFCI) in new building, plant & machinery / equipment (land excluded) qualifies for manufacturing incentives. - The Enterprise must submit annual information on production, sales, turnover, and employment to the concerned DIC before the end of September each year. - The Enterprise must comply with pollution control measures prescribed by PCC or another competent authority. - The Enterprise must remain in production for 5 years from the date of commercial production; failure to do so will result in recovery of the Capital Investment Subsidy. - Only one activity (Diversification or Expansion) qualifies for subsidy during the policy period. - An Existing or New Enterprise undertaking Expansion or Diversification with an investment exceeding 50% of GFCI (of which a minimum of 60% must be in Plant & machinery) is eligible. - A loan sanctioned by a Bank or Financial Institution as per RBI guidelines for an industry located in the U.T. qualifies for subsidy. - The Enterprise is not eligible for Interest Subsidy if the term loan is sanctioned later than one year from the date of commencement of commercial production. - The Enterprise must apply on the online portal within one year from the date of first disbursement of loan, or on or before the date of commencement of commercial production, whichever is later. - The eligible Enterprise must bear a minimum of 2% interest levied on the term loan by any Bank / Financial institution.
How to apply
Applications for the Scheme For Vaccine Manufacturing Units are handled via an online portal run by the Department of Industries. There are two principal stages:
- **Registration Process**: - Go to the registration page on the official website (https://swp.dddgov.in/registration). - Enter all the required details in the input fields and press "Register." - Confirm your email address through the link sent to your inbox (look in spam if it has not arrived). - Finish verifying your mobile number with the OTP "111111". Your login credentials (Mobile Number and PIN) will be emailed to your registered address. - **Application Process**: - Go to the user login page (https://swp.dddgov.in/login) and sign in with your registered mobile number and PIN. - From the left-side menu bar, open the "Departments & Services" tab. - Scroll down to "District Industries Centre DD & DNH" and select "Click Here" to reach the application for "Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)". - A "Common Application Form" will appear; provide all the necessary details and upload the mandatory documents. - Check every entry for accuracy before submitting the application.
Support is offered through the District Industries Centre helpdesk for general queries, and through a separate helpdesk for technical assistance with the Single Window Portal.
How applications are assessed
The precise selection criteria and committee composition are not laid out in detail. Even so, applications under the Investment Promotion Scheme for Vaccine Manufacturing Units are expected to face close scrutiny. An initial screening would verify that all eligibility conditions are met — enterprise status (new or existing), investment type (GFCI), loan approval from a financial institution, and submission within the prescribed timelines.
Those that clear this stage would be examined by a committee drawn from the Department of Industries and, possibly, other relevant U.T. administration bodies. The committee would weigh the proposed investment, the enterprise's commitment to production and employment, and how far the proposal advances the U.T.'s industrial objectives, especially in vaccine manufacturing. Approval would go to enterprises that adhere closely to scheme guidelines and show substantial economic impact.
Frequently asked questions
What is the main objective of the Investment Promotion Scheme (IPS) 2022 for Vaccine Manufacturing Units?
The scheme's main aim is to extend credit-linked interest subsidy and capital subsidy to new as well as existing vaccine manufacturing units, thereby supporting industrial growth, innovation and job creation in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.
Who is eligible to apply for this scheme?
New and existing enterprises that began commercial production within the operative period are eligible, as are enterprises carrying out major expansion or diversification backed by considerable investment in gross fixed capital.
What kind of financial support can an eligible unit expect?
Eligible units may claim a credit-linked interest subsidy of up to ₹60 lakh per annum for 5 years on bank loans, along with a capital investment subsidy of 15% on new plant, machinery and building investments, subject to a ceiling of ₹10 crore.
Is there a deadline to apply for the scheme?
The scheme runs for five years from its May 2022 launch, and enterprises must apply online within one year of either the first loan disbursement or the start of commercial production, whichever falls later.
Is it mandatory to secure a bank loan to avail the benefits?
Yes — the interest subsidy is credit-linked, so it applies only to a term loan sanctioned by a bank or financial institution in line with RBI guidelines. The enterprise must also bear at least 2% of the interest charged on that term loan.
What are the obligations for enterprises receiving the subsidy?
Beneficiary enterprises are required to file yearly details covering production, sales, turnover and employment, and to adhere to pollution control norms. They must also keep commercial production running for a minimum of five years from commencement, failing which the capital investment subsidy may be recovered.
Sectors
- Health Pharma Biotech
- Vaccine Manufacturing
- Msme Support
- Capital Subsidy
- Interest Subsidy
- Dadra Nagar Haveli
- Daman Diu
Details last verified on 18 September 2026. Source: the issuer's published information.