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Gandhinagar: The Gujarat government has given three big industrial units with final eligibility certificates under the “Atmanirbhar Gujarat–2022” Scheme for the Large and Thrust Sectors. This was announced at the high-level committee meeting led by Deputy Chief Minister Harsh Sanghavi, who made important decisionswith the goal of making Gujarat the most appealing place in the world for investors.
Three big companies have been given the go-ahead to invest a total of ₹1,371.38 crore. This will create a lot of new jobs in the state. The approved investments are broken down by district and sector. For example, in Bharuch district, ₹491.28 crore will go to the Chemical sector, ₹402.08 crore will go to the Food & Agro sector in Himmatnagar district, and ₹478.02 crore will go to the Minerals sector in Vadodara district. These projects will be very important for making Gujarat’s industrial ecosystem stronger and creating more jobs, both directly and indirectly.
The State Government has set up an effective online module under the Investor Facilitation Portal (IFP) to make it easier to do business. All documents are sent in electronically, so there is no need for paper copies. The government’s decision to get rid of “physical touch points” has made the approval process quick and clear. It took less than two months to process and approve applications in the Large and Thrust Sectors. Approved units will be able to get benefits like Net SGST reimbursement, interest subsidy, and EPF reimbursement.
Dr. T. Natarajan, Additional Chief Secretary of the Finance Department; Ms. Mamta Verma, Additional Chief Secretary of the Industries and Mines Department; Shri P. Swaroop, Industries Commissioner; and Shri Apurva Shah, Vice President of the Gujarat Chamber of Commerce and Industry (GCCI), were all at the meeting.
The sixth meeting of the State-Level Empowered Committee, led by Deputy Chief Minister Shri Harsh Sanghavi, made another important decision to help Gujarat’s textile industry grow. The “Assistance Scheme to Strengthen Specific Segments of the Textile Value Chain – 2019” has approved 11 new units to get help with interest and power tariffs.
These projects will bring in new investments of ₹668.34 crore and are expected to create about 1,478 direct jobs. The State Government will give these units about ₹202 crore in financial aid over the next five years. This will make Gujarat’s textile industry even more competitive on the world stage.
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