Investment Promotion Scheme (IPS) for Textile Sector: Assistance Of Interest Subsidy For Textile Sector
✓ Information verified — April 2026The Investment Promotion Scheme (IPS) for Textile Sector provides interest subsidy on loans taken for setting up or expanding textile and technical textile businesses. It is implemented by the Department of Industries under the Union Territory Administration of Dadra & Nagar Haveli and Daman & Diu. This scheme aims to make it easier and cheaper for entrepreneurs to access credit for textile sector investments.
What You Get
- Interest subsidy on bank loans for textile sector projects
- Reduced cost of borrowing for textile and technical textile businesses
- Credit-linked financial assistance to boost entrepreneurship in textiles
- Support for both new ventures and business expansion in textile sector
Who Can Apply
- Gender: Male only
- Age: 18–100 years
- Residence: Dadra & Nagar Haveli and Daman & Diu residents only
- Applicant must be an entrepreneur or business owner in textile or technical textile sector
- Business must be located in or planned for Dadra & Nagar Haveli or Daman & Diu
- Must have secured or be applying for a loan from a recognized bank or financial institution
- Project must meet the scheme's investment and industrial guidelines
Documents Needed
0/7 collected
- 1. Aadhaar Card
- 2. PAN Card
- 3. Business Registration Certificate
- 4. Bank Loan Approval Letter
- 5. Project Report
- 6. Bank Account Passbook
- 7. Income Tax Returns
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Dadra & Nagar Haveli and Daman & Diu
- Category
- Employment
- Target Gender
- Male
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
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