Uttar Pradesh Government has announced its new Textile Policy 2022 which provides several benefits for Textile Units.
Benefits:
- Capital Subsidy of upto 35% based on Employment generation and location of units.
- Maximum subsidy is Rs 100 Crore per unit.
- Subsidy is available as per below table:
| Investment in Plant & Machinary (Cr) | Minimum Employment Generation | Capital Subsidy (%) | Additional Capital Subsidy for Units un Poorvanchal & Bundelkhand | Upper Cap on Capital Subsidy (Cr) |
| <=10 | <50 | 15% | 0 | 1 |
| <=10 | >=50 | 25% | 10% | 2 |
| >10 but <=50 | 200 | 25% | 10% | 10 |
| >50 but <=100 | 300 | 25% | 10% | 20 |
| >100 but <=200 | 500 | 25% | 10% | 40 |
| >200 | 1000 | 25% | 10% | 100 |