Andhra Pradesh is strategically located on the southeast cost of India with a natural gateway to east & southeast Asia. The state has a population of 4.93 crores (2011 census). The GSDP of Andhra Pradesh was 4,75,859 crores in 2013-14. With a view to make Andhra Pradesh a progressive and highly industrialized State, hereby introduce the Industrial Development Policy 2015-2020.
Government of Andhra Pradesh gives top priority to industrial development to make Andhra Pradesh a progressive and highly industrialized state
AP Incentives and subsidies
For Medium Enterprises:
Reimbursement of 100% stamp duty and transfer duty paid on land purchase.
Reimbursement of 75% net VAT/CST/SGST for 7 years.
35% subsidy on cost of plant & machinery max of Rs.35 lakhs.
25% subsidy for sustainable green measures on total fixed capital investment of the project with a ceiling of 50 crore.
For Large Industry:
Reimbursement of 100% stamp duty and transfer duty paid on land purchase.
Reimbursement of 50% net VAT/CST/SGST for 7 years.
10% subsidy on cost of plant & machinery max of Rs.35 lakhs.
For Scheduled Castes / Scheduled Tribe Entrepreneurs:
Reimbursement of 100% stamp duty and transfer duty paid on land purchase. 50% rebate in land cost limited to ¬20 lakhs in Industrial Estates/Industrial Parks
Reimbursement of 50% to 100% net VAT/CST/SGST for a period of 5-7 years depending on industry scale.
35% subsidy on fixed capital investment and 10% more for SC/ST women max of Rs.75 lakhs.
For Women Entrepreneurs:
25% investment subsidy on fixed capital investment by women entrepreneurs, with a maximum limit per unit of ¬30 lakhs.
Seed capital assistance to First Generation Entrepreneurs @15% of the Machinery cost, which will be deducted from investment subsidy.
