Aaiji Group will invest Rs 100 crore to develop affordable residential and commercial spaces along the Lothal Dholera corridor in Gujarat over the next two years, a top company official said. The initiative comes as the region experiences strong economic growth, supported by major tourism, heritage and industrial projects, Aaiji Group Managing Director Lalit Parihar said. In the next two years, the Lothal - Dholera belt is projected to witness huge demand for residential apartments and commercial spaces, Parihar said. Dholera is home to over 100 companies and landmark projects, including Tata Electronics' USD 10.9 billion semiconductor plant, creating significant employment opportunities, he added. Our Rs 100 crore investment reflects our confidence in the corridor's potential and our commitment to deliver modern, high-quality developments for residents, businesses and investors, he said.
Gujarat housing units: Tata Group's upcoming ₹91,000 crore semiconductor fabrication plant in Dholera is expected to produce its first chips by December 2026
Gujarat govt had earlier allocated 20-acre land parcel to conglomerate
The country has so far attracted investment worth $18 billion under the first phase of ISM, he said
The chip design expertise from Synopsys will be utilised in Tata's upcoming semiconductor facilities in Gujarat and Assam
A drive around 2,200 hectares (22 million sq m) in the Sanand-GIDC hub took this reporter from one brand to another, one sector to another
PM Modi virtually laid the foundation of three chip plants through video conferencing during the function and said that these projects will help India become a semiconductor global hub
The joint venture between Tata Group and Taiwan's Powerchip Semiconductor Manufacturing Corporation will begin by manufacturing 28-nanometer chips
Tata Group has also reportedly finalised the details of the land and will break ground soon
Gujarat Chief Minister Bhupendra Patel on Tuesday attended through video-conferencing the second meeting of the apex monitoring authority of the National Industrial Corridor Development Programme held in Delhi, an official said. Apart from Patel, chief ministers and industries ministers of five other states virtually attended the meeting, held in the presence of Union Finance and Corporate Affairs Minister Nirmala Sitharaman and Minister of Commerce and Industry Piyush Goyal, he said. The National Industrial Corridor Development Programme is the Central government's ambitious infrastructure initiative to develop futuristic industrial cities in India. As per a government release, Patel informed the union ministers about the progress made so far in the development of Dholera Special Investment Region (SIR), including the construction of an airport, an expressway connecting Ahmedabad with Dholera and a railway line to connect the region with the Western Dedicated Freight Corridor. The
Dholera Airport is to get Passenger and Cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub to serve the industrial region.
AAI on Thursday issued tenders for the construction of the first phase of an international airport at Dholera in Gujarat, entailing an investment of Rs 987 crore, according to an official statement
Dholera SIR is the biggest greenfield industrial smart city project that was conceived in 2007
As transaction advisors, the consortium is tasked with analysing and evaluating various plans, including the Detailed Project Report prepared by AAI