Indian State Governments offer varied incentives under their
respective state industrial development corporation policies to
promote the set-up of new manufacturing units in the state. Such
incentives are in the form of capital subsidies, interest
subsidies, subsidized electricity tariffs, and more. The purpose of
such incentive schemes is to attract investment thereby enabling
infrastructure development, generating employment, developing focus
sectors, and largely facilitating the overall economic development
of the state.
To enable the availability of a quick summary of such general
incentives offered by various Indian states, Nexdigm is releasing a
series of documents focusing on providing a brief overview of such
incentives offered by respective State Governments in India. This
document covers information about incentives offered by
Karnataka under the 'Industrial Policy
2020-2025'.
