LML Industrial Park Receives PADMA Scheme Approval, Offering Rs2 Crore Incentives for MSMEs

LML Realty has announced PADMA Scheme accreditation from the Haryana Government for its upcoming Industrial Park on NH-248 (Sohna–Alwar Highway), positioning it as a high-impact hub for MSMEs and startups aligned with the Make in India initiative. The project offers affordable industrial plots starting at ?75 lakh for 500 sq. yards, backed by robust infrastructure and direct connectivity to the Delhi–Mumbai Expressway, Gurugram, Faridabad, and IGI Airport.

With PADMA approval, qualifying enterprises can access financial and innovation support exceeding Rs2 crore per unit, including:

• Capital subsidy: Up to Rs30 lakh per unit

• Interest subsidy: 5–7% on term loans

• Collateral-free funding: Up to Rs10 crore

• Stamp duty refund: 75%

• Electricity duty exemption: 100% for 12 years

• SGST exemption: 75% for the first seven years

• Additional support: Branding, R&D, certification, and patent assistance worth over Rs1 crore

The park is designed as a sector-neutral cluster with plug-and-play units, exhibition spaces, and on-site R&D support, offering a holistic ecosystem that blends infrastructure with financial and innovation platforms.

"India’s MSME sector is poised for transformative growth, and PADMA Scheme accreditation for our Industrial Park reinforces our commitment to the Make in India vision. This initiative offers an unmatched combination of infrastructure, connectivity, and financial support to help MSMEs scale efficiently and compete globally," said Dr. Yogesh Bhatia, MD & CEO of LML Realty.

With this milestone, LML Realty’s Industrial Park emerges as a catalyst for MSME-led industrial expansion in Haryana, empowering entrepreneurs to innovate, grow, and contribute meaningfully to India’s manufacturing ambitions.