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
This sub-scheme funds new or expanding MSME medical equipment, diagnostics, and AYUSH manufacturers in Dadra & Nagar Haveli and Daman & Diu with capital investment and credit-linked interest subsidies.
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
- Reimbursed after spend
About this scheme
The sub-scheme for medical equipment and accessories, medical diagnostics, and AYUSH products manufacturing units operates under the broader 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. Its current validity runs from May 20, 2022, to May 19, 2027, following an extension.
The parent IPS aims to develop the UT into a hub for sectors such as furniture, increase women's participation in business, lower unemployment, and encourage the hiring of local labour. This sub-scheme narrows that focus to the healthcare manufacturing ecosystem.
Financial assistance is offered to units producing medical equipment, accessories, diagnostics, and AYUSH products. Support comes through Capital Investment Subsidy and Credit Linked Interest Subsidy, intended to boost growth, innovation, and production capacity in these areas.
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
- Must be a new manufacturing/service unit or an existing manufacturing/service unit undertaking expansion or diversification in the MSME sector. - Commercial production must have commenced 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 online application must be filed within one year from the date of the first loan disbursement, or on or before the date of commencement of commercial production.
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 designated fields and select 'Register'. - Confirm your email address through the verification link sent to your inbox (check the spam folder if it does not appear). - Open the link from the email, or copy and paste it into your browser's address bar, to finish verifying your account. - Use the OTP '111111' 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 your registered email.
**Application Process**: - Access the user login page on the official website (https://swp.dddgov.in/login). - Enter your registered mobile number and the PIN provided in your email, then select 'Log In'. - After logging in successfully, choose the 'Departments & Services' tab from the menu on the left. - Scroll to 'District Industries Centre DD & DNH' and press the 'Click Here' button to apply for the 'Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)'. - The 'Common Application Form' will appear. Complete all the mandatory fields and upload the required documents. - Once all information is entered, review the details and select the 'Submit' button to finish the application.
Frequently asked questions
What is the primary objective of the Investment Promotion Scheme (IPS)?
The IPS sub-scheme focuses on medical and AYUSH manufacturing units, supporting specialised thrust sectors such as medical equipment, medical diagnostics, and AYUSH products. It aims to increase women's participation, reduce unemployment, and incentivise local labour.
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 qualifying manufacturing units.
What is the maximum Capital Investment Subsidy?
The maximum reimbursement is ₹50,00,000 (Rupees Fifty Lakhs) per unit, which equals 20% of the Gross Fixed Capital Investment made.
What is the maximum Credit Linked Interest Subsidy?
The scheme provides up to ₹50,00,000 (Rupees Fifty Lakhs) per year for five years or until the loan is repaid, whichever comes first, at an annual rate of 60%.
Where must the unit be located to be eligible?
The manufacturing or service unit must be situated within the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline and operative period?
Enterprises must submit their application online within one year of the first loan disbursement, or by the date commercial production begins, whichever is earlier. 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 3 August 2026. Source: the issuer's published information.