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Gujarat Approves ₹1,371 Crore Investment, Boosting Jobs & Industry

The Gujarat government has approved final eligibility certificates for three major industrial units under the 'Atmanirbhar Gujarat-2022' scheme, totaling an investment of ₹1,371.38 crore. The investments are distributed across the chemical sector in Bharuch, the food & agro sector in Himmatnagar, and the minerals sector in Vadodara. To promote ease of doing business, the state implemented a fully digital process via the Investor Facilitation Portal, enabling approvals in less than two months. In a separate decision for the textile sector, 11 new units were approved for assistance, expected to attract ₹668 crore in investment and create nearly 1,500 jobs.

Key Points: Gujarat Approves ₹1,371 Cr Investment Under Atmanirbhar Scheme

  • ₹1,371 crore investment approved
  • Focus on Chemicals, Agro-Food & Minerals
  • Fast-tracked approvals in under 2 months
  • Expected to generate significant employment
2 min read

Gujarat govt approves over Rs 1,371 crore investment under 'Atmanirbhar Gujarat-2022' scheme

Gujarat govt approves ₹1,371 crore for 3 industrial projects, creating jobs in chemicals, agro-food, and minerals sectors under Atmanirbhar Gujarat-2022.

"These projects will play a key role in strengthening Gujarat's industrial ecosystem - Deputy CM's Office"

Gandhinagar, January 29

With an aim of making Gujarat the most attractive global destination for investment, key decisions were taken today in a high-level committee meeting chaired by Gujarat Deputy Chief Minister Harsh Sanghavi, said official release.

According to the Deputy CM's office, under the 'Atmanirbhar Gujarat-2022' Scheme for the Large and thrust sectors, final eligibility certificates have been approved for three major industrial units.

Applications from three large industries totalling Rs 1,371.38 crore have been approved, creating significant new employment opportunities in the state. District-wise and sector-wise, the approved investments include Rs 491.28 crore in the Chemical sector in Bharuch district, Rs 402.08 crore in the Food & Agro sector in Himmatnagar district, and Rs 478.02 crore in the Minerals sector in Vadodara district. These projects will play a key role in strengthening Gujarat's industrial ecosystem and boosting both direct and indirect employment.

To promote ease of doing business, the State Government has implemented an effective online module under the Investor Facilitation Portal (IFP). All documents are submitted digitally, eliminating the need for physical paperwork. The Government's approach of removing "physical touch points" has resulted in a fast and transparent approval process. Applications in the Large and Thrust Sectors were processed and approved in less than two months. Approved units will be eligible for benefits such as Net SGST reimbursement, interest subsidy, and EPF reimbursement.

The meeting was attended by Additional Chief Secretary, Finance Department Dr. T. Natarajan; Additional Chief Secretary, Industries & Mines Department, Mamta Verma; Industries Commissioner, P. Swaroop; and Vice President of Gujarat Chamber of Commerce & Industry (GCCI), Apurva Shah.

With the objective of strengthening Gujarat's textile industry, the Deputy CM's office mentioned that another major decision was taken in the sixth meeting of the State-Level Empowered Committee, chaired by Deputy Chief Minister Shri Harsh Sanghavi. Under the "Assistance Scheme to Strengthen Specific Segments of the Textile Value Chain - 2019", a total of 11 new units have been approved for interest subsidy and power tariff assistance.

According to the Deputy CM's office, these projects will attract fresh investments of Rs 668.34 crore and are expected to generate approximately 1,478 direct jobs. Notably, over the next five years, the State Government will provide an estimated Rs 202 crore in financial assistance to these units, further enhancing Gujarat's global competitiveness in the textile sector.

- ANI

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Reader Comments

R
Rajesh Q
Good step, but I hope the environmental impact in Bharuch and Vadodara districts is properly assessed. Chemical and mineral sectors need strict monitoring. Development is welcome, but not at the cost of our land and water. The government must ensure these units follow all green norms.
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Aman W
As someone from Himmatnagar, the Rs 400+ crore investment in Food & Agro is very promising! This can really boost local farmers and create processing units. Hope the benefits reach the small and marginal farmers directly and don't just help big corporations.
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Sarah B
The digital approval process is a model other states should follow. Removing "physical touch points" reduces corruption and delays. Transparency is key to attracting real investment. Well done on that front.
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Karthik V
The textile sector boost is crucial. Gujarat is already a leader, and this additional Rs 668 crore with job creation will help us compete better globally, especially with countries like Bangladesh and Vietnam. Make in India in action! 👏
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Nikhil C
While the investment numbers sound great, I want to see the details on the "significant new employment" promised. What kind of jobs? Skilled or unskilled? Permanent or contract? The article is heavy on announcements but light on concrete details for the common person.

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