Investment opportunities in 200 Guj infra projects: official

The Gujarat government has identified more than 200 infrastructure projects for foreign investment, a senior official from the state has told US investors.
"More than 200 infrastructure projects have been identified by the state government where there are investment opportunities for the companies," Bharat Lal, who is heading a high-powered Gujarat delegation, told a group of American investors during a road show in Chicago yesterday.
The Gujarat delegation comprising of officials and business leaders is currently on a trip to the US and Canada wooing companies to attend the Vibrant Gujarat Summit in January 2017.
More than 75 government officials and business leaders attended the roadshow organised by US-India Business Council (USIBC) and Federation of Indian Chambers of Commerce & Industry (FICCI) at the Baker McKenzie office.

"Gujarat is the most progressive and trend setting state in the country and is years ahead on their approach in attracting global fraternity/investors into the state, said Ausaf Sayeed, Counsel General of India, Chicago in his address.
Lal said Gujarat is also keenly focusing on sectors like - Agro & Food Processing, Chemical & Petrochemicals, IT & ITeS, Healthcare, Renewable Energy and many others.

He further elaborated that the very culture of entrepreneurship that exist in Gujarat and the ethos of government, promotes business and industry as this creates opportunities for the people of not only Gujarat but whole India.

"Due to these characteristics, Gujarat has become preferred destination of business," he said.
Ajay Kumar Pandey, CEO, Gujarat International Finance Tec-City (GIFT City) said it is India's first model smart city with world-class infrastructure, offering ease of doing business and numerous tax benefits to the companies who operate in the GIFT City.