Incentives For Industries
The Andaman & Nicobar Administration facilitates the establishment of industries in a proactive manner to bring development in these islands and usher in prosperity. The Administration provides a number of incentives to promote the industrial climate of the region. The incentives are provided as part of several schemes and for a detailed view of the incentives that we provide, please Click here.
A glimpse of the incentives include :
Subsidy for transporting raw materials and finished products from anywhere in the state to mainland
Subsidy for transporting raw materials and finished products within the state
Reimbursement of expenditure on fixed capital investment
Subsidy for procurement of power generation sets and pollution control equipments
Subsidy to Tribals on purchase of tools for sectors like Handicrafts, coir processing etc.,