Gujarat Textile Policy: Assistance for Technology Acquisition
65% technology cost up to ₹50 lakh + 2-year royalty support · Gujarat textile units
Textile industrial units in Gujarat can get 65% of their technology acquisition cost subsidised — up to a maximum of ₹50 lakh — when they license or purchase technology from a recognised institution. Royalty payments for the first two years are also covered. You must get prior approval from the Industries Commissionerate within one year of signing the technology agreement.
About This Scheme
Textile industrial units in Gujarat can get 65% of their technology acquisition cost subsidised — up to a maximum of ₹50 lakh — when they license or purchase technology from a recognised institution. Royalty payments for the first two years are also covered. You must get prior approval from the Industries Commissionerate within one year of signing the technology agreement.
Full official description
The "Gujarat Textile Policy" is an umbrella scheme introduced by the Industries and Mines Department, Gujarat. It aimed at augmenting investments in the textile sector and strengthening the textile value chain across each sub-sector, while also focusing on strengthening the garments and apparel as well as technical textiles industry. Effective from October 1st, 2024 to September 29th, 2029, this initiative focuses on reducing the carbon footprint and promoting green growth, thereby making the sector globally competitive and environmentally sustainable. The component "Assistance for Technology Acquisition" provides financial support to industrial units for acquiring appropriate technology from recognized institutions. This initiative helps industries upgrade their product or process technology, ensuring competitiveness and innovation.
Benefits
- 65% of the technology acquisition cost covered, up to a maximum of ₹50,00,000
- Royalty payments for the first 2 years are also eligible for financial support
- Helps upgrade your product or process technology to compete in domestic and global markets
💡 Why Startups Should Care
Modern textile production increasingly depends on licensed technology — from digital printing to automated weaving systems. Covering 65% of that cost (up to ₹50 lakh) makes advanced textile technology accessible to Gujarat-based manufacturers competing globally.
Who Can Apply (Eligibility)
- Your unit can be new or existing and must operate in the textile sector (under Gujarat Textile Policy 2024–2029)
- Technology must be acquired (licensed or purchased) from a recognised institution
- You must obtain prior approval from the Industries Commissionerate within one year of signing the technology agreement
- Assistance is not available for buying plant, machinery, or equipment (technology licensing fees only)
Exclusions
- Assistance not eligible for purchase of plant, machinery, or equipment
How to Apply
- Submit the application to the Industries Commissioner in the prescribed format.
- Attach the technology licensing or transfer agreement.
- Include cost estimates and payment invoices for the technology.
- Submit the completed application with all supporting documents.
- Reimbursement follows after verification of costs incurred.
Frequently Asked Questions
What is the "Gujarat Textile Policy"?
The "Gujarat Textile Policy" is a government initiative aimed at strengthening the textile sector by promoting investment, sustainability, employment generation, and value chain integration.
What is the operative period of the "Gujarat Textile Policy"?
The operative period of the Gujarat Textile Policy 2024 is from October 1, 2024, to September 30, 2029, covering a span of five years.
How does the policy contribute to employment generation?
The policy focuses on creating a robust textile ecosystem by attracting investments, encouraging MSMEs, supporting women entrepreneurs, and expanding production capacities, thereby generating employment opportunities.
What incentives are provided under the policy?
The policy offers financial assistance, infrastructure support, and subsidies to strengthen textile manufacturing, encourage investment, and support MSMEs, startups, and large enterprises.
What is the objective of the "Assistance for Technology Acquisition" component?
The "Assistance for Technology Acquisition" component provides financial support to industrial units for acquiring appropriate technology from recognized institutions.
What is the maximum financial assistance available under the Assistance for Technology Acquisition scheme?
The scheme provides financial assistance of up to [?]50,00,000/-, covering 65% of the technology acquisition cost, including royalty payments for the first two years.
Who is eligible to apply for this scheme?
Both new and existing industrial units are eligible to apply for assistance under this scheme.
Can an industrial unit use the financial assistance to purchase machinery or equipment?
No, the assistance is strictly provided for technology acquisition and cannot be used for purchasing machinery or equipment.
Is prior approval required before acquiring the technology?
Yes, an industrial unit must obtain prior approval from the Industries Commissionerate within one year after signing the agreement with the technology provider.
Can an industrial unit acquire patented technology from a foreign company under this scheme?
Yes, patented technology acquired from both Indian and foreign companies is eligible for assistance under this scheme.
Does the financial assistance cover royalty payments?
Yes, the assistance covers royalty payments for the first 2 years as part of the total technology acquisition cost.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Document of registration of the industrial undertaking / Industrial Entrepreneur Memorandum
- Documents of legal land possession with valid non-agriculture permission
- Technology transfer/licensing agreement
- Payment invoices for technology acquisition