Rental for Warehousing scheme was launched by the Ministry of Textiles. This scheme aims for providing financial support for renting warehouses abroad. Agencies abroad are increasingly welcoming Indian clients to rent space and use them for storage and warehousing, provided they are paid properly. However, when we consider small start-ups, we realize that the turnover would not be enough to provide them with a sustainable livelihood after paying heavy rents on the space.
Nature of Assistance
80% of the rental cost towards hiring of warehouses abroad to store handicraft products shall be reimbursed subject to the maximum of Rs.25.00 lakh per unit.
Interested parties can apply online.