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19 Aug 2023

Chemicals Promotion Development Scheme

Objective of the Scheme

  • To facilitate growth and development of chemicals and petrochemicals Industry by creation of knowledge products through studies, survey, data banks, promotional material etc.
  • Dissemination of knowledge through conduct of seminars, conferences, exhibition etc. to facilitate development of these sectors.
  • To incentivize research and innovation by awarding outstanding efforts in the field of chemicals and petrochemicals.

 

Eligibility

Industries Associations/ Group of Entrepreneurs. SPVs (Special Purpose Vehicle)

 

Loan Amount

• Buildings, Plants and Machineries • Financial support will not exceed 50% of the cost or Rs.7.50 lakhs, whichever is lower, per study/report.