Revolutionary Delhi Govt New Industrial Policy Draft Unveils Rs.400 Crore Fund

The draft policy, a copy of which was accessed by HT, seeks to position Delhi as a “global business hub” by leveraging its unique strengths and addressing challenges of space, regulatory ecosystem, skilled manpower, research and development.

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New Delhi – The Delhi Govt New Industrial Policy Draft for 2025-35 was officially released on Monday, marking a significant milestone in the capital’s economic development strategy. This ambitious Delhi Govt New Industrial Policy Draft proposes establishing a ₹400-crore venture capital fund alongside ₹50-crore capital reimbursement provisions to support emerging industries in cutting-edge sectors including banking, gaming, animation, and artificial intelligence.

The Delhi Govt New Industrial Policy Draft represents a comprehensive framework designed to position Delhi as a “global business hub” by leveraging the city’s unique strengths while systematically addressing challenges related to space constraints, regulatory ecosystem complexities, skilled manpower requirements, and research and development capabilities.

Key Financial Incentives and Support Mechanisms

Delhi Govt New Industrial Policy Draft

Under the provisions outlined in the Delhi Govt New Industrial Policy Draft, the government commits to reimbursing 50% of fixed capital investment over a five-year period, with a maximum cap of ₹50 crore per beneficiary. This substantial financial commitment demonstrates the government’s serious intent to attract and retain high-value industries within Delhi’s territorial boundaries.

The Delhi Govt New Industrial Policy Draft also includes an attractive interest subsidy structure offering 6% per annum for the initial five years, coupled with 100% reimbursement of state GST for the same duration. Additionally, the policy framework provides complete reimbursement of patent filing costs up to ₹5 lakh per patent, encouraging innovation and intellectual property development across various sectors.

Furthermore, the Delhi Govt New Industrial Policy Draft offers a 50% exemption on wheeling and transmission charges for interstate power purchases, significantly reducing operational costs for energy-intensive industries and making Delhi more competitive compared to other industrial destinations.

Research and Development Focus

Delhi Govt New Industrial Policy Draft

The research and development sector receives special attention in the Delhi Govt New Industrial Policy Draft, with proposals to expand engagement with academic and research institutions through dedicated support mechanisms. The policy allocates ₹10 lakh support packages for R&D initiatives while developing a specialized portal to showcase existing research infrastructure, capabilities, and available funding opportunities.

This Delhi Govt New Industrial Policy Draft emphasizes creating synergies between academic institutions, research organizations, and private sector entities to foster innovation-driven growth. The policy recognizes that sustainable economic development requires a robust foundation of research and development activities that can generate intellectual property and technological advancements.

Institutional Support and Investor Facilitation

The Delhi Govt New Industrial Policy Draft places significant emphasis on institutional support mechanisms, including engagement of business support professionals to facilitate industrial growth and development. A key component involves establishing an “Investor Facilitation Centre” designed to handle investor queries, fast-track approval processes, and ensure seamless coordination across various government departments.

These institutional frameworks outlined in the Delhi Govt New Industrial Policy Draft aim to eliminate bureaucratic bottlenecks and create a more conducive environment for business establishment and expansion. The policy recognizes that efficient governance and streamlined processes are essential for attracting domestic and international investments.

Also Read: Introduction Of Regional Languages In Delhi Schools: Big Educational Reform Announced By CM Rekha Gupta

Infrastructure Development and Spatial Planning

Delhi Govt New Industrial Policy Draft

Infrastructure development represents a crucial component of the Delhi Govt New Industrial Policy Draft, with specific proposals for developing plug-and-play IT parks through public-private partnerships. The policy identifies Baprola, Ranikhera, and Kanjhawala as locations for new tech service centres, strategically distributing industrial activities across Delhi’s geography.

The Delhi Govt New Industrial Policy Draft also proposes developing low-cost industrial parks and small-medium enterprise zones with attractive tax incentives to encourage businesses to relocate outside central Delhi. This spatial strategy aims to reduce congestion in the city center while promoting entrepreneurship across different areas.

Workforce Development and Skill Enhancement

Recognizing the importance of human capital, the Delhi Govt New Industrial Policy Draft proposes deploying AI-driven personalized learning platforms to assess individual skill deficiencies and provide customized training programs. This approach follows successful models implemented in countries like Singapore, where over 500,000 professionals have been successfully retrained.

The policy framework includes establishing state-funded vocational training centers specifically for gig workers, offering certifications in logistics, hospitality, security, construction, and personal services sectors. This Delhi Govt New Industrial Policy Draft provision aims to enhance career mobility and help workers access higher-paying employment opportunities.

MICE Tourism and Hospitality Enhancement

Delhi Govt New Industrial Policy Draft

The Delhi Govt New Industrial Policy Draft identifies MICE (meetings, incentives, conferences, and exhibitions) tourism as a critical economic growth driver. The policy proposes increasing hotel room availability near key venues such as ITPO at Pragati Maidan and Yashobhoomi to accommodate growing demand from business travelers and event organizers.

Additionally, the Delhi Govt New Industrial Policy Draft suggests establishing worker housing centers near major venues through public-private partnership arrangements, which can simultaneously support tourism infrastructure development at government facilities.

Public Consultation and Implementation Timeline

Industries Minister Manjinder Singh Sirsa emphasized the government’s commitment to positioning Delhi as a global business hub through this policy framework. The Delhi Govt New Industrial Policy Draft has been made available for public consultation, with stakeholders invited to submit suggestions until July 30, 2025, ensuring comprehensive input from various sectors before final implementation.

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