You are here: Home » Economy & Policy » News
Business Standard

Gujarat to set up 2nd Japanese Industrial Park ahead of Shinzo Abe's visit

Rs 1,500 crore investment for Mandal-Becharaji Japan Industrial Park-I has already been committed

BS Reporter  |  Ahmedabad 

Narendra Modi with his Japanese counterpart Shinzo Abe
Narendra Modi with his Japanese counterpart Shinzo Abe

After Chinese giant MG Motors chose as its base for India, a slew of from is also expected soon.

Ahead of Japanese Prime Minister Shinzo Abe's visit in September for the foundation stone laying ceremony of the Ahmedabad-Mumbai bullet train, has planned its second in the state. is providing $12 billion in a soft for the Rs 1 lakh crore project.


To come up at Sanand, the park will be spread across an area of over 1,000 hectares. The existing at Mandal is spread across an area of 100 hectares. Government sources indicated that Rs 1,500 crore investment for Mandal-Becharaji Industrial Park-I has already been committed.

Besides, over Rs 20,000 crore worth of investment is expected to come in at the second industrial park coming up near Sanand. According to M K Das, Principal Secretary, and Mines Department, Government of Gujarat, the state government would be spending around Rs 600 crore for setting up basic infrastructure at the industrial park.

Moreover, plans are also afoot for a residential colony, probably for Japanese expats, at par with Japanese standards.
already houses Japanese firms like Maruti Suzuki, Mitsubishi, and Hitachi, among others. With the DMIC developing and the industrial park coming up, in are set to rise in near future.

"When our delegation had gone to to promote investment, the firms there were surprised to see the speed of approval in We have already seen several firms evincing interest for the second industrial park," Das told Business Standard.

RECOMMENDED FOR YOU