KEY HIGHLIGHTS

  • SAS Nagar (Mohali) has been declared a Brownfield Electronic Cluster (EMC) eligible for getting benefits under M-SIPS Scheme.
  • An Electronic Hardware Technology Park (EHTP) in Mohali with world-class infrastructure is a boost to small-scale sector and attract new entrepreneurs and foreign investors
  • The area around SAS Nagar will be developed as IT Investment Region to promote IT and electronics sector in a big way.
  • Mohali has a Software Technology Park of India (STPI)) unit, promoted jointly by the department of Information Technology, Government of India, and Punjab InfoTech.

KEY POLICY TARGETS

KEY INITIATIVES

I. Declaration of SAS Nagar (Mohali) as Brownfield Electronic Cluster ( EMC)
II. 40 acres of land earmarked for Greenfield ESDM sector in IT city in SAS Nagar
III. Providing land on long lease
IV. International Desk
V. Preferential Market Access (PMA)
VI. Common Facility Centres

MAJOR CLUSTER PARKS

SAS Nagar (Mohali) has been declared a Brownfield Electronic Cluster (EMC) eligible for getting benefits under M-SIPS Scheme. Additionally the State Government has reserved about 1700 acres of land for the development of IT City at SAS Nagar (Mohali) which is approximately 2 km from the Mohali International Airport. Out of this about approx. 400 acres has been reserved for allotment to Electronic/IT/ITES/Knowledge Industry and also 40 acres of land has been earmarked exclusively for development of Electronics System Design Manufacturing (ESDM) cluster

KEY FISCAL INCENTIVES

Fiscal Incentives for MSME/Large units
I. MSME – 100% Reimbursement of net SGST, Exemption in ED, SD
II. MSME – 5% Interest Subsidy for Border and Kandi Area
III. MSME – Assistance for Finance, Technology, Marketing & Exports
IV. Large – 75% of net SGST, 100% Exemption in ED, SD & 50% Property Tax
V. Thrust Sector – 100% of net SGST, 100% Exemption in ED, SD & 50% PTax
VI. Early Bird Units in New Industrial Parks – 100% of net SGST upto 125% FCI
VII. Additional support to units under M-SIPS scheme, DEITY, GOI-50% top up of

Capex support provided by DEITY, GOI to units setting up in notified EMCs under M-SIPS of GOI.

VIII.The support shall be provided to first 10 Anchor units limited to maximum INR 10 cr per unit.

Fiscal Incentives for Anchor Unit
I. 100% Reimbursement of net SGST for 15years upto 200% of FCI
II. 100% Exemption from CLU/EDC
III. Employment Generation Incentive @Rs.30,000/employee/year
IV. CLU in Agriculture Zone for minimum land area of 50 Acres

Non-Fiscal Incentives
I. Apparel and Made-ups Sector – Liberalized Zoning & Higher FAR
II. IT/ITES/Knowledge Industry Units – Permissible FAR 1:3
III. Exemption from PAPRA and Grant of CLU for Anchor Projects
IV. Retail to stay open 365 days a year
V. Exemption from Consent Management for Green Category Units

EXISTING PARTNERS

I. M.S PHEUNIX HEALTH CARE TECHNOLOGY
II. SOLUTION PLUS
III. R.SONS
IV. MASSIN INFOSIS PVT.LTD
V. GRAPHIC VINYAL
VI. ASSIS ELECTRONIC
VII. SONIYA ELECTRONIC
VIII. ASH TECHNOLOGY
IX. MODERN BUSINESS EQUIPMENT AND SERVICES PVT.LTD.
X. ADONIS MEDICAL SYSTEMS PVT.LTD
XI. MAMTA ELECTRONICS
XII. GILARD ELECTRONICS PVT.LTD.
XIII. MOHALI MOULDERS
XIV. V.S.I.ELECTRONIC LTD.
XV. SAC INTERNATIONAL PVT.LTD.
XVI. CONTINENTAL DEVICES INDIA LTD
XVII. PUNCOM LTD.
existing partners

UPCOMING PROJECTS

The state is committed to develop the State as major Electronics manufacturing hub. Ecosystem for the same is being created.