Subsidy

PMEGP Manufacturing Unit

Prime Minister Employment Generation Programme for setting up new manufacturing units. Get 15-35% subsidy on project cost up to ₹50 lakh. Generates employment and promotes entrepreneurship.

Code: PMEGP_MFG
90 days processing
Quick Info
Department: Ministry of MSME (Implemented by KVIC)
Amount Range: ₹100,000 - ₹5,000,000
Processing: 90 days

Benefits

✓ Subsidy: 15-35% of project cost
- General: 15% (Urban), 25% (Rural)
- Special (SC/ST/OBC/Minority/Women/PWD/Ex-servicemen): 25% (Urban), 35% (Rural)
✓ Maximum project cost: ₹50 lakh
✓ Bank finances 90-95% of project
✓ Credit Guarantee coverage
✓ Training support
✓ Marketing assistance

Eligibility Criteria

• Above 18 years of age
- At least 8th pass (no education criteria for training programs)
- New project only (not for existing units)
- Should generate employment
- Maximum project cost: ₹50 lakh
- Own contribution: 5-10% of project cost
- Not receiving benefits from other subsidy schemes
- "Family" definition: Self + Spouse

Required Documents

Aadhar Card (mandatory)
PAN Card
Educational certificates
Caste certificate (if SC/ST/OBC)
Residence proof
Bank account details
Project report
EDP training certificate (if completed)
Quotations for machinery
Land/building documents
Partnership deed/Company registration
2 passport photographs

Apply for This Scheme

Interested in applying for this scheme? Our MSME experts will guide you through the entire application process and help maximize your benefits.

What happens next? After you submit an inquiry, our team will:
  • Contact you within 24 hours
  • Assess your eligibility for this scheme
  • Guide you through the documentation process
  • Handle the application submission with the government

Scheme Details

Contact for Details

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Our Services Include
  • Eligibility Assessment
  • Document Preparation
  • Application Submission
  • Follow-up
  • Regular Status Updates
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