EOUs – Investment Criteria
As per the FTP, only projects having a minimum investment of Rs.1 crore in plant and machinery shall be considered for establishment as EOUs. This shall, however, not apply to existing units in EHTP/STP/BTP, Handicrafts/Agriculture/ Floriculture/Aquaculture/Animal Husbandry/ Information Technology, Services, Brass Hardware and Handmade jewellery sectors. Now the BOA is given the power to fix a lower investment criteria.
NOTIFICATION NO. , Dated: August 31, 2005