LML Industrial Park Secures PADMA Approval

08 Oct 2025 CW Team

LML Realty announced that its upcoming Industrial Park has been accredited under Haryana’s PADMA Scheme, providing MSMEs and startups access to incentives worth over Rs 2 crore per enterprise. The park aligns with the Make in India initiative and offers affordable 500 sq yard plots starting at Rs 75 lakh, combined with robust financial and innovation support.

Strategically located on NH-248 (Sohna–Alwar Highway), with connectivity to the Delhi–Mumbai Expressway, Gurugram, Faridabad, and IGI Airport, the park features sector-neutral clusters, plug-and-play units, exhibition spaces, and on-site R&D facilities. Incentives include capital subsidy up to ₹30 lakh, interest subsidies of 5–7%, collateral-free funding up to ₹10 crore, 75% stamp duty refund, 100% electricity duty exemption for 12 years, SGST exemption of 75% for seven years, and additional support for branding, R&D, and patents.

Dr. Yogesh Bhatia, MD & CEO, LML Realty, said, “PADMA Scheme accreditation reinforces our commitment to India’s MSMEs. Our Industrial Park combines infrastructure, connectivity, and financial support to help enterprises scale efficiently and compete globally.”

The development is positioned as a catalyst for MSME-led industrial growth in Haryana, enabling startups and established enterprises to innovate, expand, and contribute to India’s manufacturing ambitions.

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