M-SIPS Solutions

For the best M-SIPS Solutions in New Delhi, contact us. We have experts to handle all your Modified Special Incentive Package Scheme related queries. You can completely rely on us for the most benefiting, up-to-date M-SIPS Solutions.

DEITY’s Modified Special Incentive Package Scheme (M-SIPS)
To promote Electronic System Design and Manufacturing (ESDM) there is a Modified Special Incentive Package Scheme, under which Government provides attractive incentives for electronic manufacturing.

The Department of Electronics and Information Technology (DEITY) has issued newspaper advertisements to announce a package of incentives, which cover :

  • Subsidy of 25% of Capex in non-SEZs (20% in SEZs) over 10 years
  • Reimbursement of CVD/Excise for capital equipment in non-SEZs
  • New Units/Expansion of existing Units / Relocation from abroad eligible

For manufacturing in different ESDM verticals including:

  • Avionics
  • E-Waste Processing
  • Telecom Equipment, Mobile sets
  • LEDs, LCDs
  • Medical Electronics
  • Bio-metric/Identity Devices
  • IT Hardware
  • Consumer Electronics
  • Power Supply for ESDM Products
  • Opto-Electronics
  • Automotive Electronics
  • Electro-Mechanical Components
  • Nano-electronics
  • Fabs for ESDM Products
  • Electronics Manufacturing Services, etc.
  • Solar Photovoltaic
  • Semiconductor Wafering
  • Semiconductor Chips & Components

A Chartered Engineer and Valuer prepares his impartial report for generating the Nexus Certificate to establish the relation between the intermediate component and the End Product. This Nexus Certificate is mandatory along with the application of M-SIPS to confirm the entitlement of the project. Besides, a detailed Valuation Report of the assets is required to confirm their current market value for the purpose of assessment.


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