City
Epaper

Gujarat CM interacts with industrialists on New Industrial Policy 2020

By ANI | Published: August 30, 2020 12:45 AM

Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar.

Open in App

Chief Minister of Gujarat Vijay Rup on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar.

The webinar was orgzed by Industries and Mines department, Government of Gujarat in partnership with key industry bodies - Associated Chambers of Commerce (ASSOCHAM), Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI).

Chief Minister Vijay Rup while releasing the policy booklet expressed his gratitude towards industry for their support and resilience demonstrated during the unprecedented COVID-19 pandemic.

He highlighted that Gujarat is at the forefront in embracing the Prime Minister's vision of Atmrbhar Bharat in true spirit and has become the first state to respond to this call to action by the release of the new Gujarat Industrial Policy 2020 that aims to create an enabling ecosystem driven by this vision.

He informed that the new Gujarat Industrial Policy 2020 is a progressive and bold step that aims to instill the idea of 'Minimum Government and Maximum Governance' with first of its kind initiatives in India.

l Mukim, State Chief Secretary highlighted that while Gujarat attracted big-ticket investments in the manufacturing and services sector, the Government has also focused on the development of the MSME sector.

M K Das, Additional Chief Secretary to Chief Minister and Industries and Mines Department laid-out the fine points of the new Gujarat Industrial Policy 2020.

He also highlighted that Gujarat for enhancing the ease of doing business introduced several measures such as exemption to new compes from all labour laws for a period of 1,000 days, the exemption to MSMEs from obtaining permissions for a period of three years and the Gujarat Single Window Portal.

As a testimony to the transparent and forward-looking policies, several key industries came forward to announce their investment plans in Gujarat. Major industrial projects worth to the tune of Rs 10,500-crore were announced by compes like Vedanta (Rs 4,500 crores - Metals), Kiri Industries (Rs 3000 crore - Specialty Chemicals), Welspun Group (Rs 2000 crore - Textiles), and UNO Minda Group (Rs 1,000 crore - Engineering).

The online session was attended by Indian industry leaders and investors, who praised the visionary and dynamic measures introduced in the new Gujarat Industrial Policy 2020.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Associated chambers of commerceGujarat vijay rupindiaGandhinagarIndustriesVijay RupIndiUk-india
Open in App

Related Stories

BusinessIndia Witnessed a 59% Surge in Ghost Shopping Malls in 2023: 16 Retail Centers Shut Across Top Cities

PoliticsBig Names in the Third Phase of Lok Sabha Election 2024: Amit Shah, Supriya Sule, and More

NationalIndia Weather Update: IMD Warns of Heatwave Across Multiple Regions on May 6

InternationalIndian-Origin Astronaut Sunita Williams to Fly to Space Again on First Crewed Mission of Boeing’s Starliner

InternationalChina's Gold Rush: Surging Demand Lifts Prices to Record Highs

National Realted Stories

NationalCongress plans to overturn SC verdict on Ram Mandir, PM Modi says in Maha rally

National3 SPOs dismissed from service in J&K

NationalUnited Muslim Forum declares support to Congress in Telangana

NationalOdisha: Union Minister Dharmendra Pradhan challenges CM Patnaik for open debate

NationalThe dynamics of tax cuts and collections under Modi govt: A tale of prosperity