MSME Department (Directorate of industries) of Uttarakhand is the State level office responsible for implementing the policies and programmes for Industrial Development in the State. The main aim of Directorate of Industries is to provide a comprehensive framework to enable a facilitating, investor friendly environment for ensuring rapid and sustainable industrial development in Uttarakhand
The role of the Directorate:
- Encouraging investment in Manufacturing and Services Sector.
- Encouraging Entrepreneurship.
The Uttarakhand government has notified its first micro, small and medium enterprise (MSME) policy, which aims to boost entrepreneurship, end outward migration and bring about inclusive development in the state, especially in the remote and flood-hit hill areas. The policy offers several incentives like capital investment subsidy, interest subsidy and VAT reimbursement, said Sudhir Nautiyal, additional director, department of MSME. It will remain in force until March 31, 2020, though the incentives can be availed of until March 31, 2025.