Helping businesses identify, secure, and realize government incentives across Central and State schemes. From eligibility to disbursement.
Request a ConsultationIndia's incentive architecture is among the most ambitious globally, but the gap between policy promise and actual realization remains one of the biggest challenges for businesses.
Sources: PIB, DPIIT, Reuters, CRISIL
The gap between incentive announcements and actual cash-in-bank is where businesses lose the most. Here is what makes realization so difficult.
Central, state, and sector-specific schemes operate in silos with overlapping eligibility criteria, creating confusion for businesses trying to identify applicable incentives.
Rigid verification processes, annual disbursement cycles, and documentation discrepancies cause months-long delays, even after companies meet production targets.
Governments routinely modify incentive terms during the eligibility period, reducing entitlements or changing calculation methods, leaving businesses exposed.
Frequent audits, complex reconciliation requirements, and inconsistent criteria across departments make it difficult for companies to maintain clean claim files.
High investment thresholds and complex application processes effectively lock out smaller manufacturers from flagship schemes like PLI.
Most companies lack specialized teams to track evolving policies, manage applications across multiple agencies, and follow through on multi-year claim cycles.
Incentives promised on paper rarely translate into cash in the bank. This is the single biggest challenge facing Indian manufacturers today.
The gap between approval and disbursement is where businesses need expert advisory the most.
Central and State incentive frameworks operate under fundamentally different structures, timelines, and compliance requirements. Navigating both demands specialized expertise.
End-to-end incentive advisory across the entire lifecycle, from identification through to the last rupee of disbursement.
Comprehensive mapping of all applicable Central and State schemes based on sector, location, investment quantum, and project profile. Comparative analysis across competing state policies.
End-to-end documentation, project report preparation, and application management across multiple agencies. IEM, Udyam, DPIIT registrations and all ancillary filings.
Strategic structuring of investments to maximize eligible incentive quantum. Advice on project phasing, entity structure, location selection, and FCI computation.
Ongoing compliance management through the full incentive tenure. Real-time tracking of claim status, periodic MIS reporting, and proactive resolution of queries.
Preparation and filing of periodic incentive claims. Follow-up with disbursing authorities, resolution of discrepancies, and escalation management to secure timely payouts.
Continuous monitoring of policy changes, new scheme announcements, and sunset provisions. Representation before authorities for customized packages or exemptions.
A structured, five-phase engagement model designed around actual disbursement, not just approval letters.
| Scheme | Incentive | Sectors / Applicability |
|---|---|---|
| Production Linked Incentive (PLI) - 14 Sectors | 3-15% of incremental sales over 5-6 year window | Pharma, electronics, auto, steel, textiles, food processing, solar, white goods, telecom |
| Electronics Component Manufacturing Scheme (ECMS) | Turnover-linked: 1-10%; Capex: 25% on eligible FCI | ESDM companies, greenfield/brownfield, sub-assemblies, components |
| MOFPI - PMKSY | Capital subsidy: 35% (General), 50% (Difficult areas), max INR 10 Cr | Food manufacturing and processing units |
| Startup India Initiative (Section 80-IAC) | 3-year tax holiday, 80% IPR rebate, seed fund up to INR 50L | DPIIT-recognized startups within 10 years of incorporation |
| SEZ Benefits | Duty-free imports, tax exemptions, relaxed regulatory framework | Export-oriented manufacturing and services units in 276+ operational SEZs |
| State | Key Policy | Headline Incentive | Applicability |
|---|---|---|---|
| Maharashtra | PSI 2019, Electronics Policy 2016, EV Policy 2025 | Up to 100% of FCI (revenue-linked) | All manufacturing, ESDM, EV, tourism |
| Madhya Pradesh | IPP 2025, MSME Development 2025 | Up to 40-60% capital subsidy on FCI | Large/mega units, MSME, IT/ESDM |
| Gujarat | Interest subsidy, Net SGST reimbursement | 7% interest subsidy, 80-100% SGST refund | Thrust sectors, large industries by taluka |
| Karnataka | Industrial Policy 2025-30 | Up to 25% capital subsidy or 2.5% PLI | ESDM, aerospace, future mobility |
| Tamil Nadu | MSME & Industrial Policy 2024 | Capital subsidy, SGST refund, stamp duty waiver | Manufacturing, IT/ITES, EV |
Scheme parameters are indicative and subject to periodic revision. Stratfield Partners provides current, verified guidance.
We bring together strategic advisory, deep government networks, and hands-on execution capability that pure compliance firms cannot match.
We integrate incentive planning into your broader investment and growth strategy, ensuring every rupee of eligible benefit is identified and structured optimally.
Extensive experience across public affairs, government relations, and regulatory advisory. We understand how policy is made, interpreted, and implemented at both Central and State levels.
We serve clients across healthcare, automotive, chemicals, technology, aviation, agriculture, and manufacturing, giving us unmatched breadth across incentive landscapes.
Our engagement model is designed around actual disbursement, not just approval letters. We stay with you through the entire incentive tenure, from application to the last claim.
Through our Public Affairs and Regulatory Standards practices, we offer the ability to engage with policymakers on scheme design, extensions, exemptions, and customized packages.
For manufacturing clients, we integrate incentive advisory with BIS/QCO compliance, ensuring regulatory readiness and incentive eligibility are aligned from the start.
Let us map your eligibility, structure your applications, and recover what you are owed.
Request a Consultation