Rajasthan is home to more than 100 automotive and auto-component manufacturing units.
Primarily located in Bhiwadi-Neemrana region in Alwar district – a major part of which lies in the National Capital Region – they get advantage of excellent market access and sound logistics infrastructure.
With major players such as Hero Motors, Honda Cars, Honda Two-wheelers and Ashok Leyland, this region has a very vibrant ecosystem for auto and ancillary units.
With the ambitious Greater Bhiwadi Industrial Township and a greenfield international airport and aerotropolis near Bhiwadi being planned in alignment with Delhi-Mumbai Industrial Corridor, this area is poised become one of the most mportant auto and industrial hubs of India.
Avenues for Investment
- Electric Vehicle Manufacturing
- ACC Battery Storage Manufacturing
- EV-component Manufacturing
- Automotive Manufacturing
- Auto-component Manufacturing
- eCharging and Swapping Station
Additional Benefits as a Thrust Sector
| Sector | Investment equal to or above | Benefits |
|---|---|---|
| Auto Components | INR 100 mn | Interest Subsidy 5% for 5 years (max INR 2.5 mn/yr) or Capital Subsidy 25% (max INR 5 mn) |
| EV | INR 250 mn | Interest Subsidy 5% for 5 years (max INR 10 mn/yr) or Capital Subsidy 25% (max INR 5 mn) |
| E-Charging & Swapping Station | INR 2.5 mn | Interest Subsidy 5% for 5 years (max INR 0.2 mn/yr) or Capital Subsidy 20% (max INR 0.4 mn) |
Investment Incentives
Rajasthan Investment Promotion Scheme (RIPS) 2019
- An attractive package of general financial incentives (exemption and subsidies) is available under RIPS 2019.
