Investment11 Feb 2026, 12:33 pm
Stallion India Fluorochemicals' R-32 Plant in Bhilwara, Rajasthan to Benefit from Subsidy under RIPS 2024
AI Summary
Stallion India Fluorochemicals Limited (SIFL), a leading integrated refrigerants and industrial gases company, announced that its proposed greenfield R-32 manufacturing facility at Bhilwara, Rajasthan will be governed under the Rajasthan Investment Promotion Scheme (RIPS) 2024. The policy offers a comprehensive incentive framework covering capital subsidy, investment subsidy, turnover-linked incentives, interest subvention, and employment-linked benefits, with incentive visibility of up to 10 years from commencement of commercial production. The project is eligible for capex-linked incentives, fiscal exemptions, and reimbursements, significantly enhancing project returns and viability.
Key Highlights
- Stallion India Fluorochemicals Limited's R-32 Plant in Bhilwara, Rajasthan to benefit from subsidy for the eligible fixed capital investment from comprehensive incentives under RIPS 2024.
- The project qualifies under the Manufacturing category and also meets the criteria for Start-up classification within the prescribed startup period, enabling access to a wide range of fiscal incentives and exemptions.
- The policy offers a comprehensive incentive framework covering capital subsidy, investment subsidy, turnover-linked incentives, interest subvention, and employment-linked benefits, with incentive visibility of up to 10 years from commencement of commercial production.
- The project is eligible for capex-linked incentives, fiscal exemptions, and reimbursements, significantly enhancing project returns and viability.
- The expansion in Rajasthan aligns with Stallion's strategy of building globally competitive, environmentally responsible, and technology-led manufacturing assets.