State-Identified Priority Sectors
Agriculture and Horticulture, Cottage and Handlooms, Herbal Industries, Mineral Based Industries, Pharmaceuticals, Photochemical, Sericulture, Telecommunication Equipment, and Tourism
Himachal Pradesh - Industry
Handloom and handicrafts are important cottage industries of the state as is sericulture.
The principle minerals found in the state are limestone, rock salt, gypsum, silica-sand and barite.
Agriculture
The state is predominantly an agro-pastoral economy and a majority of its population works in agro-related industries.
Himachal Pradesh - Incentives
400% and 200% sales tax relief on fixed capital investments for SSIs and large industries of Category-A
200% and 125% sales tax relief on fixed capital investments for SSIs and large industries of Category-B
125% and 100% sales tax relief on fixed capital investments for SSIs and large industries of Category-C
Sales tax relief and electricity duty waiver for 12 years (Category-A); 9 years (Category-B) and 7 years (Category-C)
Sales tax relief for pioneer units for 12 years (Category-A); 9 years (Category-B); and 7 years (Category-C)
Sales tax exemption for food-processing units for 10 years
Land at a concessional rate of Rs 20 per sq meter (Category-A); Rs 40 per sq meter (Category-B)
Investment subsidy of 15% of the cost of captive diesel generating sets, upto Rs 2 lakh
Term loans from state financial institutions and banks at 3% below term lending rates for tiny units and SSIs
Interest subsidy of 10% for five years for food-processing units
Subsidy of 75% of feasibility report costs, upto Rs 100,000 for medium-and-large-scale industries
