Indian State Governments offer varied incentives
under their respective state industrial development
corporation policies to promote the set-up of new
manufacturing units in the state. Such incentives
are in the form of capital subsidies, interest
subsidies, subsidized electricity tariffs, and more.
The purpose of such incentive schemes is to attract
investment thereby enabling infrastructure
development, generating employment, developing
focus sectors, and largely facilitating the overall
economic development of the state. To enable the availability of a quick summary of
such general incentives offered by various Indian
states, Nexdigm is releasing a series of documents
focusing on providing a brief overview of such
incentives offered by respective State Governments
in India. This document covers information about
incentives offered by Karnataka under the
‘Industrial Policy 2020-2025’.
