FISME Hails Flexible Incentive Mechanism In Gujarat Industrial Policy

25 Jun 2026 CW Team

The policy's emphasis on performance linked incentives and regional parity was described by industry representatives as conducive to balanced industrial expansion across the state. Officials have introduced digital application routes and a single window to streamline approvals and reduce compliance burdens for smaller firms. Stakeholders also welcomed incentives aimed at encouraging value added manufacturing and exports from Gujarat's small enterprise base.

FISME welcomed provisions focused on skills development, technology adoption and cluster support, saying these elements are important for the competitiveness of small units. The association noted that encouraging linkages between micro suppliers and larger buyers could strengthen supply chains and create stable demand for local manufacturers. It added that measures which incentivise clean technologies and energy efficiency would support long term sustainability and help enterprises manage operating costs.

The trade body said it will work with the state government to refine implementation guidelines and to organise targeted outreach so that potential beneficiaries can navigate the scheme effectively. It urged clarity on timelines, transparent disbursement mechanisms and capacity building at district level to ensure equitable uptake in rural and urban areas. FISME also offered to assist with training and feedback loops during the roll out to help translate the policy into tangible investment and employment gains.

The Federation of Indian Micro and Small and Medium Enterprises (FISME) welcomed the new Gujarat Industrial Policy 2026 and hailed its flexible incentive mechanism as a positive step for the sector. The organisation said the approach to tailor support to company size, sectoral needs and project viability will improve access to benefits for micro and small enterprises across the state. It added that clearer eligibility criteria and discretionary components could reduce mismatches between policy intent and ground realities while allowing rapid approval for viable proposals. The policy's emphasis on performance linked incentives and regional parity was described by industry representatives as conducive to balanced industrial expansion across the state. Officials have introduced digital application routes and a single window to streamline approvals and reduce compliance burdens for smaller firms. Stakeholders also welcomed incentives aimed at encouraging value added manufacturing and exports from Gujarat's small enterprise base. FISME welcomed provisions focused on skills development, technology adoption and cluster support, saying these elements are important for the competitiveness of small units. The association noted that encouraging linkages between micro suppliers and larger buyers could strengthen supply chains and create stable demand for local manufacturers. It added that measures which incentivise clean technologies and energy efficiency would support long term sustainability and help enterprises manage operating costs. The trade body said it will work with the state government to refine implementation guidelines and to organise targeted outreach so that potential beneficiaries can navigate the scheme effectively. It urged clarity on timelines, transparent disbursement mechanisms and capacity building at district level to ensure equitable uptake in rural and urban areas. FISME also offered to assist with training and feedback loops during the roll out to help translate the policy into tangible investment and employment gains.

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