KEY HIGHLIGHTS

    • PUNJAB IS THE FOOD BOWL OF THE COUNTRY WITH A CONTRIBUTION OF MORE THAN 40% OF THE CENTRAL POOL OF WHEAT AND 26% OF RICE
    • AGRICULTURE CONTRIBUTES TO THE ECONIMY WITH ABOUT 21% OF GSDP AGAINST AN ALL INDIAN FIGURE OF 14%

KEY POLICY TARGETS

KEY INITIATIVES

Jalandhar is one of the oldest industrial cluster for leather industry

MAJOR CLUSTER PARKS:

  1. Linkages with Central Leather Research Institute, Chennai
  2. An industry monitored SPV to observe stringent environmental regulations shall be established in Jalandhar focal point

KEY FISCAL INCENTIVES

Fiscal Incentives for MSME/Large units

  1. MSME – 100% Reimbursement of net SGST, Exemption in ED, SD
  2. MSME – 5% Interest Subsidy for Border and Kandi Area
  3. MSME – Assistance for Finance, Technology, Marketing & Exports
  4. Large – 75% of net SGST, 100% Exemption in ED, SD & 50% Property Tax
  1. Thrust Sector – 100% of net SGST, 100% Exemption in ED, SD & 50% PTax
  1. Early Bird Units in New Industrial Parks – 100% of net SGST upto 125% FCI
  2. Capital Subsidy to IT/ITES units- 50 % of FCI subject to ceiling of INR 2.5 cr per unit

Fiscal Incentives for Anchor Unit

  1. 100% Reimbursement of net SGST for 15years upto 200% of FCI
  2. 100% Exemption from CLU/EDC
  3. Employment Generation Incentive @Rs.30,000/employee/year
  4. CLU in Agriculture Zone for minimum land area of 50 Acres

Non-Fiscal Incentives

  1. Exemption from PAPRA and Grant of CLU for Anchor Projects
  2. Retail to stay open 365 days a year
  3. Exemption from Consent Management for Green Category Units

EXISTING PARTNERS

  1. Voganow
  2. Jalandhar Leather (India) Private Limited
existing partners

UPCOMING PROJECTS

  1. Leather Apparel Park close to upcoming Footwear Design and Development Institute with all the requisite infrastructure facilities
  2. Setting up of Leather Processing Complex of international standards near the park
  3. Setting up FDDI Skill Centre in Leather Cluster in Jalandhar