Investment Promotion Scheme (IPS) 2022- for Thrust Sectors: Scheme For Vaccine Manufacturing Units

The Investment Promotion Scheme (IPS) 2022, introduced on May 7, 2022, is an initiative of the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. It seeks to accelerate industrial development and entrepreneurship within designated thrust sectors. As an umbrella framework, it delivers a range of incentives and support to the MSME sector, aiming to create a stable business climate and shield enterprises from market volatility.

The broader IPS 2022 pursues several objectives: doubling the value of exports from processed products, positioning the U.T. as a manufacturing hub for specific goods, advancing environmental protection measures, curbing unemployment through incentives for local labour, increasing women's participation in business, aiding first-generation entrepreneurs, refining youth entrepreneurship skills, and fostering innovation via R&D and patenting.

The "Scheme For Vaccine Manufacturing Units" operates as a dedicated sub-scheme under IPS 2022, focused on the health and biotech sector. It offers financial assistance to entities involved in vaccine production. Eligible units can avail of credit-linked interest subsidies and substantial capital investment subsidies, with the goal of establishing the U.T. as a prominent centre for vaccine manufacturing and related innovation. The scheme supports both new enterprises and existing units pursuing expansion or diversification, ensuring sustained growth in this critical field.

Applications for the Scheme For Vaccine Manufacturing Units are submitted through an online portal run by the Department of Industries. The procedure is split into two phases:

- **Registration Phase**: - Go to the registration page on the official website (https://swp.dddgov.in/registration). - Enter all mandatory details in the provided fields and select "Register." - Confirm your email address by clicking the link sent to your inbox (check the spam folder if it does not appear). - Finish mobile number verification with the OTP "111111". Your login credentials (Mobile Number and PIN) will be emailed to you. - **Application Phase**: - Open the user login page (https://swp.dddgov.in/login) and sign in with your registered mobile number and PIN. - Choose the "Departments & Services" tab from the menu on the left. - Scroll to "District Industries Centre DD & DNH" and press "Click Here" to open the application titled "Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)". - A "Common Application Form" appears; complete all required fields and attach the necessary documents. - Check every entry for correctness and then submit the application.

Support is provided by the District Industries Centre helpdesk for general enquiries, and a separate helpdesk handles technical issues related to the Single Window Portal.

The selection process is not fully detailed in the scheme documentation. Applications are expected to undergo a preliminary screening to confirm that they meet all eligibility prerequisites, including enterprise status (new or existing), investment type under GFCI, approval of the financial institution loan, and submission within the stipulated timeline.

Following this, a committee comprising representatives from the Department of Industries and other relevant U.T. administration bodies would evaluate the proposals. The assessment would consider the proposed investment, the enterprise's commitment to production and employment, and its potential contribution to the U.T.'s industrial objectives, particularly in vaccine manufacturing. Approval is granted to enterprises that demonstrate strong adherence to the scheme guidelines and a significant economic impact.