Synopsis In India, incentives are made available on two levels - Centre and State. The central government incentives are usually sector-specific and administered by the relevant ministry. Getty Images The momentum generated by these initiatives may trigger the creation of a dynamic business ecosystem and yield long term economic benefits. Industrial growth is regarded as an indicator of a country's development. Government support plays a key role here. On that line, fiscal incentives policies for industries have been a part of the government strategy for years. They seek to incentivize econom...