Tamil Nadu MSME Capital Subsidy for Manufacturing Units

Open all year MSME Department, Government of Tamil Nadu Tamil Nadu

Subsidy

25% of plant and machinery, up to ₹1.5 crore, with top ups

What it funds: Subsidy on plant and machinery for new manufacturing enterprises
Who can apply: New micro manufacturing unit anywhere in Tamil Nadu
Small or medium units in thrust sectors or backward blocks
5% more for women, SC, ST, divyang or transgender owners
When you can apply: Open all year
How to apply: Run the eligibility check, then apply on the TN MSME incentives portal
Best for: Prototype, Early revenue, Growth stage
Sectors: Hardware
Run by: State governments

ONGC Start-up FundInvestment amount set per startup from a ₹100 crore fund Open all year
Support for International Patent Protection in Electronics and IT (SIP-EIT)Up to ₹15 lakh per invention (50% of cost) Open all year
TCOE India: Prototyping, PoC, Validation and Pilot SupportUp to 80% of cost, max ₹50 lakh per pilot Open all year
Design Linked Incentive (DLI) SchemeUp to 50% of eligible design costs, capped at ₹15 crore; plus 6% to 4% of net sales for 5 years, capped at ₹30 crore Open all year
DRDO Technology Development Fund (TDF)Projects up to ₹50 crore; TDF funds up to 90% of cost Open now
Gen-Next Support for Innovative Startups (GENESIS)Up to ₹10 lakh early stage; up to ₹50 lakh for pilots; up to ₹1 crore for deep tech Open all year
TANSEED (Tamil Nadu Startup Seed Grant Fund)Up to ₹10 lakh; up to ₹15 lakh for green tech, rural impact and women led startups (StartupTN takes a 3% stake) Closed
Tamil Nadu MSME Payroll SubsidyUp to ₹24,000 per employee a year, first 3 years Open all year