HP Land/Shed Concession Scheme

Receive a significant concession on the rate or premium for land or industrial sheds in Himachal Pradesh, varying by enterprise type and area category under the state's industrial policy.

The Concession on Land/Industrial Shed Rate/Premium is a key incentive offered by the Himachal Pradesh Government under its Industrial Investment Policy 2019. This program aims to promote industrial development across the state by significantly reducing the capital expenditure for businesses seeking to establish or expand their operations. By offering concessions on the purchase or premium rates of industrial land and sheds, the policy encourages investments from Micro, Small, and Medium Enterprises (MSMEs), Large Enterprises, and Anchor Enterprises. This initiative is crucial for attracting new industries and fostering the growth of existing ones, particularly in designated industrial areas classified into Category A, B, and C, where varying levels of support are provided.

The incentive structure is designed to be progressive, offering higher concessions to MSMEs and Anchor Enterprises, and also varying the benefit based on the geographical category of the industrial area. This strategic approach ensures balanced regional development and provides tailored support to different scales of industrial units. The program is part of a broader framework of incentives aimed at creating a favorable business environment, boosting employment, and enhancing the overall economic landscape of Himachal Pradesh.