Granite Processing & Finishing Business: Industry Overview
Granite processing and finishing involves transforming raw granite into polished, cut, and finished products used in construction, interior design, and decorative applications. Granite is a durable, versatile material that is widely used for countertops, flooring, facades, and monuments. As the construction industry grows, especially in urban areas, the demand for high-quality granite products continues to rise. Granite processing businesses are adopting modern cutting, polishing, and finishing technologies to enhance product quality and reduce production costs.
Subsidy Benefits for Granite Processing Manufacturers
Subsidies can help cover the cost of raw materials, such as granite blocks and stones, as well as advanced processing equipment like cutting and polishing machines. Financial assistance can also be used for the purchase of finishing tools and machinery for packaging. These subsidies help businesses improve production efficiency, reduce costs, and meet the growing demand for high-quality granite products.
Who Can Apply for Subsidy
• Entrepreneurs looking to start a granite processing business.
• Existing businesses wishing to upgrade equipment or expand their production capacity.
• Small and medium-sized enterprises (SMEs) in the construction or decorative stone sector.
• Manufacturers focusing on high-quality granite products for various applications.
Eligibility and Document Requirements for Subsidy
1. Business Registration: A valid certificate of business registration.
2. Manufacturing Setup: Details of the facility, machinery, and production methods.
3. Financial Records: Profit & loss statements, balance sheets, and tax filings.
4. Product Quality: Evidence of high-quality granite processing and finishing standards.
5. Tax Compliance: GST registration and tax-related documents.
6. Subsidy Application Form: A comprehensive application form outlining how the subsidy will be used.
Why Choose Dhannaseth for Your Granite Processing & Finishing Subsidy?
Dhannaseth provides expert assistance to granite manufacturers, helping them access subsidies that support their growth and improve efficiency. Whether you are upgrading your equipment or expanding your production, we guide you through the subsidy application process, ensuring you get the financial support you need to remain competitive in the market.

To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!