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 for new or expanding marine product processing units in Dadra & Nagar Haveli and Daman & Diu, giving up to ₹50 lakh a year for 5 years.
Open for applications. Applications close on 19 May 2027 — 243 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 Investment Promotion Scheme (IPS) for Thrust Sectors. First introduced on July 3, 2015, it now runs from May 20, 2022, through May 19, 2027. The parent IPS seeks to strengthen specialised Thrust Sectors — among them furniture manufacturing of various kinds — with broad goals that include raising women's participation in business, lowering local unemployment, and encouraging industries to hire resident labourers.
This particular sub-scheme confines itself to one form of support: a credit-linked interest subsidy for setting up or expanding marine products processing industries.
The UT Administration of Dadra & Nagar Haveli and Daman & Diu runs the initiative, which aims to spur industrial growth and job creation in the region by making capital easier and cheaper for eligible businesses to obtain.
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 fall within the MSME sector, whether it is a new manufacturing or service unit, or an existing manufacturing or service unit carrying out expansion or diversification. - Commercial production must have begun on or after May 20, 2022, and no later than May 19, 2027. - The unit must be situated in the Union Territory of Dadra and Nagar Haveli & Daman and Diu. - The application has to be filed online, either within one year of the first loan disbursement or by the date commercial production commences, whichever falls earlier.
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 corresponding fields and press 'Register'. - Confirm your email address through the verification link emailed to you (look in spam if it hasn't arrived). - Either click the Link/URL in the email you received, or paste the Link/URL into your browser's address bar, to finish verifying your account. - Next, key in '111111' as the OTP to confirm your mobile number. Your mobile number and PIN will then be dispatched to the email address you registered. - Once registration succeeds, your login credentials will arrive at the registered email address.
**Application Process:** - Go to the user login page on the official website (https://swp.dddgov.in/login). - Key in your registered Mobile Number together with the PIN sent to your email, then press 'Log In'. - After logging in successfully, select the 'Departments & Services' tab from the menu bar on the left. - Scroll down until you reach 'District Industries Centre DD & DNH', then press the 'Click Here' button to apply for 'Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)'. - The 'Common Application Form' will appear. Fill in every detail in the mandatory input fields and upload all required documents. - Once the information has been entered successfully, review all the details and press the 'Submit' button to finish the application.
Frequently asked questions
What kind of units are eligible for this scheme?
New or existing MSME manufacturing and service units are eligible, provided existing units are carrying out expansion or diversification.
What is the maximum amount of interest subsidy I can receive?
The maximum credit-linked interest subsidy available is ₹50,00,000 per annum.
For how long is the subsidy provided?
Subsidy is available for up to 5 years, or until the loan is repaid, whichever comes first.
When must commercial production have commenced to be eligible?
Commercial production must have begun between 20 May 2022 and 19 May 2027.
Where must the unit be located?
Eligibility requires the unit to be situated in the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline?
Applications must be submitted online either within one year of the loan's first disbursement or by the date commercial production begins, whichever comes first, with the scheme remaining in force until May 19, 2027.
Sectors
- Agri Food Rural
- Interest Subsidy
- Marine Products
- Msme
- Daman Diu
- Dadra Nagar Haveli
Details last verified on 18 September 2026. Source: the issuer's published information.