Haryana is the fourth-largest producer of cotton in India and contributes around 6 per cent of the country’s total production. Easy availability of raw material provides the state with competitive advantage in the textiles sector, which provides employment to around one million people in Haryana.
Districts such as Panipat, Gurugram, Faridabad, Hisar and Sonepat have developed into robust textile centers in Haryana.
Readymade garments of cotton are one of the major exports of Haryana, with their export reaching US$ 607.5 million in FY19 and US$ 567.4 million in FY20 (till December 2019).
Financial assistance @50% of total project cost with maximum limit of INR 10 crore
Financial assistance @50% of project cost of Hostel/ Dormitory Housing for domicile workers maximum up to INR 2 crore
Assistance @25% of the investment towards purchase of equipment and machinery to a maximum up to INR 20 lakh
Benefits for Textile Units setup inside Textile Park in A & B Blocks
Capital Subsidy
Capital subsidy @10%, maximum up to INR 20 lakh
For women entrepreneurs, capital subsidy @ 15 %, maximum up to INR 25 Lakh
For Technical textile projects, capital subsidy @ 15 %, maximum up to INR 25 lakh
Benefits for Textile Units setup in and outside of textile park in C & D Blocks
Capital Subsidy for attract Anchor unit, capital subsidy @25%, maximum up to INR 50 crore
Common Benefits to all units
Assistance for Technology Acquisition Up to 50% of cost to a maximum up to INR 25 lakh.
Support for Textile Machine Manufacturing interest subsidy @ 3% per annum and capital subsidy @ 15% of Gross FCI
Stamp Duty Exemption
Benefits for Textile Park Developers
Stamp Duty Reimbursement @100% of stamp duty paid
Benefits for Textile Units setup inside Textile Park in A & B Blocks
Stamp Duty Reimbursement @50% of stamp duty paid
Benefits for Textile Units setup in and outside of textile park in C & D Blocks
Stamp Duty Reimbursement @100% of stamp duty paid
Skill Development/ Training Incentive
Benefits for Textile Units setup in and outside of textile park in C & D Blocks
Employment Generation Subsidy: Upto INR 36,000/- per year per employee for 5 year or 20% of the SGST deposited, whichever is less to all category of Textile enterprises.
Interest Cost Subvention
Benefits for Textile Units setup inside Textile Park in A & B Blocks
Interest Rebate /Subsidy Interest subsidy @ 3% per annum, maximum up to INR 15 lakh per annum for 7 years.
Interest free loan equivalent to the net SGST paid by the unit for a period of 7 years
Benefits for Textile Units setup in and outside of textile park in C & D Blocks
Interest Rebate /Subsidy @ 8% per annum to a maximum up to INR 2 crore for 7 years.
Interest free loan equivalent to the net SGST paid by the unit for a period of 7 years
Common Benefits to all units
Support for Textile Machine Manufacturing interest subsidy @ 3% per annum and capital subsidy @ 15% of Gross FCI