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Business & Entrepreneurship

"Assistance for Technology Acquisition" under "Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Capital Intensive Industries"

Through "Assistance for Technology Acquisition", assistance for acquisition of appropriate technology in any form for specific product/process is provided by way of 50% grant subject to a maximum of ₹10,00,000/-. The applications are accepted offline in the prescribed form available.

Authority

State/ UT

Region

Puducherry

Status

Verified 2026

Updated

March 2026

What you get

Assistance: 50%. | Ceiling: ₹10,00,000/-. | Purpose: Acquisition of Appropriate Technology in Any Form for Specific Product/ Process. | Number of Installments | In single or multiple installments, depending on the availability of fund. | Mode of Disbursement | - The subsidy amount shall be disbursed through the financial institutions/banks only, if the unit is financed by them, towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for the working capital purposes. | - In case of self-financed units, the subsidy shall be disbursed directly to the entrepreneur/unit. | *The financial institution shall mean and include PIPDIC or any other Government Corporation, Scheduled Banks including Co-operative Banks.

Who can apply

The assistance should have been sought to set up a new unit with new technology.; Existing units will also be eligible for new product or for improvement of production process.; The unit should provide at least 60% of employment to the people of the Union territory of Puducherry of the total employment strength of the industrial units. This 60% of the local employment will have to be maintained by the industrial unit during the period specified in the Affidavit.; The industrial unit shall not transfer or dispose of the fixed asset including plant and machinery in any manner till the completion of 5 years from the date of submitting the application/disbursement of the subsidy whichever is later.; The additional investments made by the new/existing industrial units after availing the first claim are also eligible for subsidy up to the ceiling limit.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

How much employment must be provided to residents of Puducherry for a unit to be eligible for incentives/subsidies/assistance?

At least 60% of employment must be provided to the people of Puducherry out of the total employment strength of the industrial units.

What is the composition of the State Level Committee responsible for evaluating subsidy applications?

The State Level Committee consists of the Secretary to Government (Industries & Commerce), the Managing Director of PIPDIC, the Deputy Secretary/Under Secretary (Finance), and the Director of Industries and Commerce, all from Puducherry.

Under what circumstances would the entire amount of subsidies and incentives availed need to be refunded, according to the content?

If the unit undergoes any amendments in new partners or shareholders within five years from the date of availing the subsidy, the entire amount of subsidies and incentives availed must be refunded with a simple interest of 14% per annum.

Which types of investments are ineligible for investment subsidy according to the provided conditions?

Working capital, commissioning fees, goodwill fees, royalty, preliminary and pre-operative expenses, capitalized interest, transportation and erection charges, goods vehicles, office equipment, furniture, crates, pallets, and consumable stores, etc., are ineligible for investment subsidy.

Through whom is the subsidy amount disbursed if the unit is financed by financial institutions/banks?

The subsidy amount is disbursed through financial institutions/banks towards the adjustment against the loan availed by the entrepreneurs or for the creation of additional fixed assets or for working capital purposes.

How is the subsidy disbursed for self-financed units?

For self-financed units, the subsidy is disbursed directly to the entrepreneur/unit.

What happens if an industrial unit has availed investment subsidy from the Central Government/State Government or any other agency?

If an industrial unit has availed investment subsidy from any other agency, it is not eligible to apply for a subsidy for the same investment again under this Scheme.

What is the condition for industrial units set up by the same person to be eligible for subsidy as separate entities?

Industrial units set up by the same person as proprietor, common partners, or common Board of Directors/shareholders are eligible for subsidy as separate entities provided the location of the units is different and licenses/clearances/registrations are obtained separately for the enterprises.

How is the commencement date for regular commercial production determined?

The commencement date is verified by Officials of the Industries Department based on the entrepreneur's admission.

What is the employment requirement for qualifying for incentives/subsidies?

To qualify for incentives/subsidies, the industrial unit must provide at least 60% of employment to residents of Puducherry out of the total employment strength.

What is the role of the State Level Committee in the subsidy application process?

The State Level Committee scrutinizes applications, determines eligibility, and recommends the quantum of incentive/subsidy admissible to the unit.

Who sanctions the subsidies based on the Committee's recommendations?

The Director of Industries and Commerce sanctions the subsidies based on the Committee's recommendations.