Dadra & Nagar Haveli
Surrounded by the industrially sound states of Gujarat and Maharashtra, the Union Territory of Dadra & Nagar Haveli has quite a distance to cover as far as economic and industrial growth is concerned. While tribal groups make up 60% of the population, people from all over India form a part of its non-tribal residents and are attracted to the UT because of its favorable employment opportunities, climate and landscape. Its economy currently relies on five major activities – agriculture, industries, forestry, animal husbandry and tourism..
KEY INDUSTRIES / SECTORS:
Agriculture and Forest-based Industry
Travel and Tourism
Animal Husbandry
Chemicals & Plastics
POTENTIAL INDUSTRIES:
Tourism (Nature and Healthcare)
Prime Minister’s Employment Generation Program: Scheme of self employment generation.
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Electricity Incentives
The Union Territory is receiving power from central grid and it is provided to the industries at a competitive rate compared to the neighboring states.
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Interest Subsidy to MSME’s: 5% subsidy on interest, max 50 lakh for 7 years. 2% additional interest subsidy to SC/ST, women and physical challenged entrepreneurs.
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Assistance for Quality Certification: 50% of the capital cost for installing the Enterprise Resource Planning (ERP) System, maximum 50,000/-. 50% of all charges including consultancy, maximum of Rs. 50,000/- for ISO Certification. 50% of fee payable to the recognized international certification authority and 50% cost of testing equipment and machinery, totaling upto maximum 10 lakhs. 50% of all charges, up to maximum 5 lakhs for Hallmark Certifications.
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Incentives for textile sector: Interest subsidy for all textiles including technical textile 10% per annum (Including TUFS or any other), maximum 500 lakhs upto 7 years.
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Gujarat State Financial Corporation: It provides finance for industrial units in Gujarat, as well as for the Union Territories of Dadra & Nagar Haveli.
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In Summary – Dadra & Nagar Haveli and Entrepreneurship:
The Union Territory of Dadra & Nagar Haveli is a great destination for power consuming Enterprises as the power tariff here is 25% less than other states. Also, though the region offers immense potential for tourism development, the region’s tourism potential is not well developed. These opportunities can be explored and developed through entrepreneurial initiatives.
To know more about how Dadra & Nagar Haveli are building a vibrant entrepreneurship ecosystem, click here.
Data Sources for Dadra & Nagar Haveli
- http://www.census2011.co.in/census/state/dadra+and+nagar+haveli.html
- http://www.in.undp.org/content/dam/india/docs/gendering_human_development_indices_summary_report.pdf
- http://pib.nic.in/newsite/PrintRelease.aspx?relid=101452