Industrialisation

Pondicherry has nearly 8708 small scale industries apart from 45 large scale and 80 medium scale industries. Taken together, these provide employment to more than 80,000 people. Some of the significant industries in Pondicherry are chemicals, textiles, light engineering, metals, and food processing. Special mention needs to be made of the tourism sector in Pondicherry. . As a result, Pondicherry's investment opportunities are tremendous – hotels, resorts, amusement parks, and spas, all are lucrative sectors. The Indian government supports investment in Pondicherry by increasing subsidies. Sectors like eco-tourism, footwear, and marine products are some of the areas where an investment boost is expected in Pondicherry.

 

Major industrial activities in UT of Puducherry:

·        Machinery & Parts

·        Chemical Products

·        Rubber & Plastic Products

·        Transport (Automobile Parts)

·        Marine fishery

·        Pharmaceutical Products

·        Cosmetics (Talcum Powdr, Shampoo, Skin Creams)]

·        Tyres

·        Digital Type setting

·        Breweries

 

Industrial Estates in UT of Puducherry:

Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) is having 6 industrial estate.

·        Mettupalayam Industrial Estate, Puducherry (167) acres.

·        Sedarapet Industrial Estate, Puducherry (62 acres).

·        Kirumambakkam Industrial Estate, Puducherry (23 acres).

·        Thirubuvanai Industrial Estate, Puducherry (52 acres).

·        Industrial Growth Centre, Polagam, Karaikal (597 acres).

 

Sickness of MSE and Rehabilitation:

The New Industrial Policy, 2016 was formulated and the gazette notification was issued vide G.O. Ms. No. 7/2016/Ind.A, dated 4th October 2016 which provided various incentives/subsidies and accordingly the following scheme is formulated to implement the incentive/subsidy components conforming to the New Industrial Policy 2016.The Government Order implementing the following schemes supercedes the existing G.O.Ms.No.2/2012- Ind-A dated 07-05-2012, various incentives/ subsidies provided to the industrial units under the scheme "Motivation of Entrepreneurs to start Industries and Fiscal Assistance to Industries – Financial Assistance for Rehabilitation of sick industries.