We are assisting MSME and large industry with all types of subsidies offered through state and central government programs. The government has implemented a number of programs that offer financial assistance to qualified businesses in an effort to support both MSME and large industries. The Indian government offers subsidies to entrepreneurs to support the establishment of new businesses as well as the expansion of already established ones.
In layman terms, Subsidy is a payment by the government to various industries to encourage both manufacturing and service enterprises to increase their productivity and reduce the cost of credit. We can consider government subsidy programs as a lifeline for entrepreneurs. Subsidy helps you to bring down capital investment by substantial amount, to reduce borrowing cost drastically, to bring down electricity cost down and many other advantages. This all, in turn, increases profitability of the project and shorten the payback period of the project. It also helps the promoters to aggressively face the competitors in term of the final product.