Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units
Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu · Central government
A capital investment and credit-linked interest subsidy for new or expanding MSME manufacturing units in medical equipment, diagnostics and AYUSH products in Dadra & Nagar Haveli and Daman & Diu.
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
- Reimbursed after spend
About this scheme
The Scheme for Medical Equipment and Accessories, Medical Diagnostics and Ayush Products Manufacturing Units operates as a sub-scheme within the Investment Promotion Scheme (IPS) for Thrust Sectors. The Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu, introduced it on July 3, 2015. Following extension, the scheme now runs from May 20, 2022, to May 19, 2027.
The parent Investment Promotion Scheme seeks to strengthen specialised thrust sectors. Its wider aims include positioning the UT as a hub for furniture manufacturing of various kinds, raising women's participation in business, lowering unemployment, and encouraging the hiring of local labour. This sub-scheme narrows its attention to the healthcare manufacturing ecosystem.
Financial assistance is extended to units manufacturing medical equipment and accessories, medical diagnostics, and AYUSH products. Two instruments deliver this support: Capital Investment Subsidy and Credit Linked Interest Subsidy. Together they are intended to expand growth, innovation, and production capacity in these sectors.
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 applicant must be a new manufacturing or service unit, or an existing manufacturing or service unit carrying out expansion or diversification, operating within the MSME sector. - Commercial production must have begun on or after May 20, 2022, and no later than May 19, 2027. - The unit has to 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 applies.
How to apply
**Registration Process**: - Go to the Registration page on the Official Website (https://swp.dddgov.in/registration). - Fill in the required details in the corresponding fields and press 'Register'. - Confirm your email address through the verification link emailed to you (if it hasn't arrived, check your spam folder). - To finish verifying your account, either click the link/URL in the email you received or paste it into your browser's address bar. - Use '111111' as the OTP to verify your mobile number. Your mobile number and PIN will then be sent to your registered email address. - Once registration is complete, your login credentials will arrive at your registered email.
**Application Process**: - Go to the user Login page on the Official Website (https://swp.dddgov.in/login). - Type 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 to 'District Industries Centre DD & DNH' and 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, review all the details and press the 'Submit' button to finish the application.
Frequently asked questions
What is the primary objective of the Investment Promotion Scheme (IPS)?
The IPS scheme supports Thrust Sectors including medical equipment, medical diagnostics and AYUSH products manufacturing, with goals of increasing women's participation, lowering unemployment and encouraging local labour. This sub-scheme is limited to medical and AYUSH manufacturing.
What specific benefits are offered under the "Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units" sub-scheme?
The sub-scheme offers Capital Investment Subsidy and Credit Linked Interest Subsidy to manufacturing units that qualify.
What is the maximum Capital Investment Subsidy?
The reimbursement is capped at ₹50,00,000 (Rupees Fifty Lakhs) per unit, which works out to 20% of the Gross Fixed Capital Investment.
What is the maximum Credit Linked Interest Subsidy?
The scheme pays up to ₹50,00,000 per annum for five years or until the loan is repaid, whichever comes first, at a rate of 60% per annum.
Where must the unit be located to be eligible?
The unit, whether manufacturing or service-based, has to be situated within the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline and operative period?
Applications must be submitted online either within one year of the loan's first disbursement or by the date commercial production begins, whichever applies. The scheme remains in operation until May 19, 2027.
Sectors
- Health Pharma Biotech
- Medical Equipment
- Medical Diagnostics
- Ayush Products
- Manufacturing
- Msme
- Subsidy
- Daman Diu
- Dadra Nagar Haveli
Details last verified on 18 September 2026. Source: the issuer's published information.