Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Marine Products Processing Units
Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu · Central government
A credit-linked interest subsidy scheme funds new or expanding marine product processing units in Dadra & Nagar Haveli and Daman & Diu, up to ₹50 lakh per annum for 5 years.
Open for applications. Applications close on 19 May 2027 — 290 days left.
Key facts
- Subsidy amount
- Up to ₹50,00,000
- Instrument
- Subsidy
- Deadline
- 19 May 2027
- Disbursement
- Paid in tranches
- Scheme duration
- 5 years
About this scheme
The "Scheme For Marine Products Processing Units" operates as a sub-scheme within the broader "Investment Promotion Scheme (IPS)" for Thrust Sectors. Initially launched on July 3, 2015, it has been extended to remain operative from May 20, 2022, until May 19, 2027. While the parent IPS seeks to bolster specialised Thrust Sectors—including varied furniture manufacturing activities—with general aims such as enhancing women's participation in business, curbing local unemployment, and encouraging industries to hire resident workers, this sub-scheme narrows its focus.
Its sole purpose is to deliver a credit-linked interest subsidy for the establishment or expansion of marine products processing industries. Administered by the UT Administration of Dadra & Nagar Haveli and Daman & Diu, the initiative intends to stimulate industrial growth and create regional employment by improving capital accessibility and affordability for eligible enterprises.
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
- The unit must be a new manufacturing/service unit, or an existing manufacturing/service unit carrying out expansion or diversification, within the MSME sector. - Commercial production must have started between May 20, 2022, and May 19, 2027. - The unit must be situated in the U.T. of Dadra and Nagar Haveli & Daman and Diu. - The application must be filed online within one year from the date of the first loan disbursement, or on or before the date of commencement of commercial production, whichever comes first.
How to apply
**Registration Process:** - Go to the registration page on the official website (https://swp.dddgov.in/registration). - Fill in the necessary details in the designated fields and select 'Register'. - Confirm your email address by clicking the verification link sent to your inbox (check the spam folder if it does not appear). - Either click the link in the email or paste it into your browser's address bar to finish account verification. - Enter '111111' as the OTP to verify your mobile number. Your mobile number and PIN will be dispatched to the email address you registered. - Once registration is complete, your login credentials will arrive in the registered email.
**Application Process:** - Access the user login page on the official website (https://swp.dddgov.in/login). - Input your registered mobile number and the PIN from your email, then select 'Log In'. - After logging in, choose the 'Departments & Services' tab from the menu on the left side. - Scroll to 'District Industries Centre DD & DNH' and press the 'Click Here' button to apply under 'Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)'. - The 'Common Application Form' will appear. Complete all mandatory fields and upload the required documents. - Review all entered information, then press 'Submit' to finalise your application.
Frequently asked questions
What kind of units are eligible for this scheme?
The scheme is open to new manufacturing or service units in the MSME sector, as well as to existing units that are expanding or diversifying their operations.
What is the maximum amount of interest subsidy I can receive?
The maximum credit-linked interest subsidy you can receive is ₹50,00,000 per annum.
For how long is the subsidy provided?
The subsidy is available for up to 5 years, or until the loan is fully repaid, whichever comes first.
When must commercial production have commenced to be eligible?
The unit must have begun commercial production on or after May 20, 2022, and no later than May 19, 2027.
Where must the unit be located?
The eligible unit must be situated within the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline?
Enterprises must submit their application online within one year of the first loan disbursement or by the date commercial production begins, whichever comes first. The scheme remains in operation until May 19, 2027.
Sectors
- Agri Food Rural
- Interest Subsidy
- Marine Products
- Msme
- Daman Diu
- Dadra Nagar Haveli
Details last verified on 3 August 2026. Source: the issuer's published information.