Ace Consulting Engineers

Consulting Services

  • Ace Consulting Engineers render professional services for the applicants of ESDM ( Electronics System Design & Manufacturing Sector ) under Modified Special Incentive Package Scheme ( M-SIPS) for preparation of Detailed Project Report and filing of online application for obtaining Letter of Approval from MeitY.
  • Once the M-SIPS application is approved , we further assist the applicants for realisation of incentives as per the Guidelines for Disbursement of Incentives dated 04 June 2014.



  • Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors.
  • Application can be filed from 01/04/2020 till 31/03/2023 through online portal.
  • Till the time online portal is not created , the application can be filed physically toIPHW Division, Ministry of Electronics & Information Technology, Electronics Niketan, 6 CGO Complex, Lodhi Road, New Delhi – 110003. 
  • The capital investment incurred during the period of 5 years from the date of Prima Facie Acknowledgment will only be considered for Incentive.
  • Upon successful submission of an application, PMA will issue a unique Application ID and password to the applicant for all future activities pertaining to the Scheme.


ACE CONSULTING ENGINEERS render professional services as per the guidelines of Ministry of Information & Technology, New Delhi (according to the  Notification No. CG-DL-E-01042020-218991 dated 01.04.2020 in Part-I, Section 1 of the Gazette of India (Extraordinary) [ F.No.W-18/30/2019-IPHW-MeitY ] and Guidelines Dated 01/04/2020.

  • Detailed preliminary discussion with concerned team members of the applicant to understand technicalities of products and other required information as per prescribed notification and guidelines.
  • In depth study of the proposed project & products to ascertain the proper verticals.
  • Sharing the comprehensive check list to compile the documents in line with the department guidelines.
  • Initial Plant visit to evaluate and carry out micro study about the proposed project
  • Feasibility study of the manufacturing facilities for preparing DPR.
  • Micro level verification of all documents/statements/data provided by the applicant.
  • Generation of on line user id and password through  SPECS portal for the applicant.
  • Preparation of Detailed Project Report on the basis of inputs provided by the applicant.
  • Preparation and Filing of Application based on the prescribed guidelines of SPECS Notifications.

  • Preparation of Detailed Project Report on the basis of inputs provided by the applicant.
  • Preparation and Filing of Application based on the prescribed guidelines of MOFPI Notifications.


For Mega Food Park Schemes # Cold Chain Schemes # Creation / Expansion of Food Processing / Preservation Capacities Scheme # Agro Processing Cluster Scheme



Ace Consulting Engineers provide end-to-end support in selection of appropriate Lease type, Lease duration, Financial terms , determination of residual values, market value of equipment, tax responsibility including  calculation of Lease rents and Finalisation of Lease Agreements.


A lease in a simple terms is  an extended rental agreement under which the owner of the equipment allows the user to operate  make use of the equipment in exchange for periodic lease payments. In leasing terminology, the owner is the lessor, the user is the lessee. Leasing of equipments is largely  favoured by small businesses, which often have fewer options because of limited capital.


Types of Leases - The two most popular types of leases are operating and long-term or capital leases.


Operating leases are characterized by short-term where the lessor bears the risk of obsolescence and enjoys such benefits as depreciation.

Long-term, also known as full payout or financial leases, are sources of financing for assets the lessee company wants to acquire and use for longer periods of time where the lessee is responsible for maintaining and insuring the asset.


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