Gujarat to get a greenfield airport
Chief Minister Vijaybhai Rupani has launched the new Gujarat Industrial Policy 2020 on 29 Aug 2020, inviting investors and announcing a greenfield airport.
“We are upgrading and adding new capacities to our ports. We are also building a new Bulk Drug park and Medical Devices park in the state along with India’s largest greenfield airport. Ease of doing business is a top priority for the government,” he said at a webinar, ‘Gujarat Industrial Policy – Heralding Progress & Sustainability’
Addressing the webinar organized by iNDEXTb jointly with FICCI, Rupani expressed hope that a strong industrial framework will play an important role in achieving the Prime Minister’s Atmanirbhar Bharat vision.
“I invite you (industry) to come and invest in the state. I am confident that together we will work to achieve the vision of an Atmanirbhar Bharat,” he said.
Rupani stressed on Gujarat being one of the first states in India that is creating a sustainable eco-system to attain Atmanirbharta.
Even during the lockdown, a lot of foreign companies approached the state to start their operations, he noted.
“With a well-defined industrial eco-system in Gujarat, the state will also play a key role in the overall development of the country in future,” he added.
Rupani further said that India today has become an important part of the global value chain.
Gujarat is a state that is driven by a favourable industrial eco-system, large market, political stability, and policies. It offers huge potential for global investments in the state, he added.
Highlighting the features of the new Gujarat Industrial Policy 2020, the Chief Minister said that Gujarat has always been a policy-driven state. “To overcome the crisis faced by the industry due to the pandemic, the government will provide all the necessary support that the industry requires.
“This policy will take industrial growth in the state to new heights and will redefine economic growth as well,” he said.
Rupani mentioned that the state government has adopted the policy of the minimum government and maximum governance.
“Our friendly business approach is building confidence amongst the investors,” he added.
There has been a lot of industrial development in the state, in including sectors like auto, chemical, petrochemical, drugs, pharmaceuticals, cement, engineering, ceramics, textile, gems and jewellery.
Inviting industries to invest in the state, he said that Gujarat has introduced a single-window clearance process for industries.
The Chief Minister also said that the government is adopting new digital technologies to ensure that the approval process is fast and streamlined.
“We have also ensured to provide relief to new businesses under the labour laws and the Industrial Disputes Act has also been redefined.
“We are also focusing on the development of MSMEs and ensuring that they get adequate government support as well as proper finance from banks.
“Gujarat also has the lowest unemployment rate in the country,” Rupani pointed out.
FICCI President Dr Sangita Reddy the Gujarat Industrial Policy 2020 is an outstanding invitation for partnership.
“The policy provides for employment, adoption of state-of-the-art technology in manufacturing, focus on innovation & research to drive the manufacturing and create a business ecosystem to catalyse growth in an inclusive & balanced manner,” she added.
The new industrial policy is very progressive and will attract a lot of industries in the state, according to Harsh Pati Singhania, Past President, FICCI and VC & MD, JK Paper.
He further said that this policy will also help in creating new employment opportunities in the state.
FIICI Vice President Sanjiv Mehta said ‘Dream Big, Act Big’ is what sets Gujarat apart and it is very much visible in the new Gujarat Industrial Policy 2020.
“This policy only reinforces our intention to further invest in the state of Gujarat,” added Mehta CMD, Hindustan Unilever Ltd.
The Gujarat Industrial Policy focusses on exports, added Deepak Mehta, Chairman, FICCI Gujarat State Council.
It is also giving a lot of emphasis on Research & Development which will make the industry more sustainable.
Fifty per cent of India’s chemical production is from Gujarat. “I am confident that this policy will help double this production in the next 5 years. This policy is going to boost the Prime Minister’s wish of Atmanirbhar Bharat,” said Mehta. #exports #investments #manufacturing #policy #infrastructure /fiinews.com
