The Gujarat Information Technology and Information Technology-enabled Services (IT/ITeS) Policy for the period 2022-2027 is aimed at fostering the growth and development of the IT and ITeS sectors in the state of Gujarat, India. This policy is designed to leverage the state's strengths in infrastructure, talent pool, and business ecosystem to position Gujarat as a prominent destination for IT and ITeS investments.
Overall, the Gujarat IT/ITeS Policy for 2022-2027 aims to position the state as a leading destination for IT and ITeS investments, drive economic growth, create employment opportunities, and foster innovation and entrepreneurship in the technology sector.
The policy will remain valid till 31st march 2027.
| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | Category 1 - GFC less than INR 250 Cr |
CAPEX support - All eligible IT/ITeS units are entitled
to one-time
CAPEX support of up to 25 percent of the eligible CAPEX expenditure,
subject to a maximum ceiling of INR 50 Cr. OPEX support - All eligible IT/ITeS units are entitled to one-time OPEX support of up to 15 percent of the eligible OPEX expenditure, subject to a maximum ceiling of INR 20 Cr. |
| 2. | Category 2 - GFC more than INR 250 Cr or project generating more than or equal to 2,000 |
CAPEX support - All eligible projects are entitled to
CAPEX support of
up to 25 percent of the eligible CAPEX expenditure, subject to a maximum
ceiling of INR 200 Cr. OPEX support - All eligible projects are entitled to OPEX support of up to 15 percent of the eligible OPEX expenditure, subject to a maximum ceiling of INR 40 Cr. |
| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | Employment Generation Incentive (EGI) | It is applicable for new local employees hired and retained for a minimum period of 1 year at 50% of 1 month's CTC up to INR 50,000 per male and INR 60,000 per female employee for eligible IT/ITeS units. |
| 2. | Interest assistance | Eligible IT/ITeS units will be entitled to interest subsidy at 7% on term loan or the actual interest paid, whichever is lower with a ceiling of INR 1 Cr per annum. |
| 3. | Atmanirbhar Gujarat Rojgar Sahay |
|
| 4. | Electricity Duty Incentive (EDI) | Eligible IT/ITeS units can claim the entire amount of electricity duty paid by them to the Government of Gujarat for a period of 5 years from the date of start of commercial operations. |
Eligible IT/ITeS can avail EGI and Atmanirbhar Gujarat Rojgar Sahay for all such employees.
4. IT city/Township:| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | CAPEX support | All eligible applicants are entitled to 1-time CAPEX support of up to 25% of the eligible CAPEX expenditure, subject to a maximum ceiling of INR 100 Cr. |
| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | CAPEX support | One-time CAPEX support of up to 25% of the eligible CAPEX expenditure, subject to a maximum ceiling of INR 20 Cr. |
| 2. | OPEX support | Power tariff subsidy of INR 1/unit for a period of 5 years. |
| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | CAPEX support | One-time CAPEX support of up to 25% of the eligible CAPEX expenditure, subject to a maximum ceiling of INR 150 Cr. |
| 2. | OPEX support | Power tariff subsidy of INR 1/unit for a period of 5 years. |
| S. No. | Investment category | Description of support |
|---|---|---|
| 1. | Support to R&D institutes/R&D Centres established by educational institutes recognized by AICTE | One-time CAPEX support for the purchase of equipment for setting up of laboratory at 60% of the cost for machinery and equipment, subject to a maximum ceiling of INR 5 Cr. |