Page 6 - Gujarat Government

Vibrant Gujarat summit: Seminars planned in Gandhinagar from Jan 10-12

Managing Director of Gujarat Mineral Development Corporation, Roopwant Singh, on Friday announced that the state is all set to host the Vibrant Gujarat Global Summit (VGGS) 2024

Gujarat surpassed national CAGR, emerged as growth engine of India: Govt

With a Compound Annual Growth Rate (CAGR) of 15 per cent from 2002-03 to 2022-23, which was higher than the national average during the period, Gujarat has maintained its position of being one of the fastest-growing states in the country, the state government said. With such strong economic fundamentals, Gujarat has for long been recognised as the 'growth engine of India', it said. "When we started the Vibrant Gujarat Summit (two decades ago when he was Gujarat CM), it was our intention that the state should become the growth engine of the country's progress. With only 6 per cent of India's land mass and 5 per cent of its population, Gujarat has achieved the distinction of being one of the most industrially developed states," Prime Minister Narendra Modi said recently. The latest edition of the Vibrant Gujarat Global Summit (VGGS) is expected to accelerate the pace of development in the state and help further strengthen the fundamentals of the economy of the state and India. The ..

DCM Shriram signs MoU with Gujarat govt to invest Rs 12,000 cr by 2028

Currently, the company has significant Chlor Alkali facilities in Bharuch and aims at increasing the existing capacities while adding new products to its Chlor-Alkali portfolio

Gujarat in talks with chipmakers in Japan, US, South Korea: Bhupendra Patel

The state government will focus on renewable energy, green hydrogen and green ammonia, among other investment sectors, during the summit, he added

Torrent Power to invest Rs 47,000 cr in renewable energy in Gujarat

Torrent Power has inked four initial pacts with the Gujarat government to invest Rs 47,350 crore in renewable energy, green hydrogen and electricity distribution. Torrent Power Ltd, the integrated power utility of the diversified Torrent Group, has signed four non-binding Memorandum of Understanding (MoUs) with the government of Gujarat under the 10th edition of Vibrant Gujarat Global Summit, according to a company statement issued late in the evening on Wednesday. The MoUs were signed between Torrent Power and Gujarat Energy Development Agency (GEDA) in Gandhinagar. Through the four MoUs, Torrent Power has proposed total investments of Rs 47,350 crores (approx USD 5.70 billion), it stated. The proposed investments are planned to be made in the areas of renewable energy, green hydrogen and power distribution and are expected to contribute significantly towards the development of the state and creation of large-scale employment opportunities. "Torrent Power intends to make a ...

Delhi CM Arvind Kejriwal to leave for Gujarat on January 6, says AAP

Delhi Chief Minister Arvind Kejriwal will leave for a three-day tour of Gujarat on Saturday in view of the upcoming Lok Sabha polls, AAP sources said. The Delhi CM will address public meetings and party workers during his election tour, they said on Thursday. He is also likely to meet jailed AAP leader Chaitar Vasava during his three-day tour, they added. The development comes amid AAP leaders alleging that the Enforcement Directorate is likely to arrest Kejriwal in connection with the excise policy-linked money laundering case.

Robust growth in Gujarat's public health infra in last 2 decades: Govt data

Gujarat witnessed a significant improvement in public health infrastructure in the last two decades driven by the state government's efforts to ensure that quality medical services reach every corner, as per official data. In the state budget 2023-24, the government allocated Rs 15,182 crore for the healthcare sector, compared to Rs 12,240 crore provisioned for this sector in the 2022-23 budget. Finance Minister Kanubhai Desai had also announced to double the insurance cover under the revamped Pradhan Mantri Jan Arogya Yojana-Mukhyamantri Amrutam (PMJAY-MA) scheme from Rs 5 lakh to Rs 10 lakh in the state budget presented last February. Gujarat's healthcare infrastructure has also witnessed growth, with a 41 per cent surge in primary health centres and a 37 per cent increase in community health centres between 2001-02 and 2021-22. The state now hosts 319 CHCs, 1,463 PHCs, and 6,575 sub-centres, as per the data. The number of medical colleges in Gujarat has also risen sharply from n

Five held for stealing 199 gold coins while demolishing house in Gujarat

Five persons were arrested for allegedly stealing 199 gold coins they found while demolishing a house in Bilimora in Gujarat's Navsari district, a police official said on Monday. The coins have the image of King George V engraved on them and the house, on Bazaar Street, belongs to NRI Hawaben Balia, who currently resides in Leicester in the United Kingdom, he said. Balia filed a complaint against contractor Sarfaraz Karadiya, who was hired to raze the house, and four labourers hailing from Alirajpur in neighbouring Madhya Pradesh who carried out the demolition, the official said. "A case of theft of gold coins from a heritage house was registered and five persons were named as accused. There was no clarity on the number of gold coins that had been stolen. The FIR was lodged by Balia on October 21," Navsari Superintendent of Police Sushil Agrawal said. The five accused were charged under Indian Penal Code sections 406 (criminal breach of trust) and 114 (abettor present at spot when

PM Modi lauds Gujarat as it sets Guinness World Record for Surya Namaskar

Prime Minister Narendra Modi on Monday praised Gujarat after the state made it to the Guinness Book of World Records for most people performing Surya Namaskar simultaneously

Gujarat govt issues guidelines for liquor law exemption rules in GIFT City

The rules further state that Recommending Officers will have to prepare a list of employees desiring to get LAP and send the list to the Authorised Officer

From chip makers to car cos, global firms flocking to Gujarat: Officials

Though Gujarat has only about six per cent of India's geographical area and nearly five per cent of the population, the state has become an engine of the country's development with world-renowned firms coming here for business, according to officials. As per the official website of the Vibrant Gujarat Global Summit (VGGS), the state has over 200 industrial estates with close to 100 private industrial parks. The 10th edition of VGGS, the state's biennial investors' meet, is scheduled to be held next month in the capital Gandhinagar. To further strengthen sector-specific investments and infrastructure, the state has also announced several sector-specific industrial parks, said the website. I have always said that the development of the country depends on the development of Gujarat. The world's largest multinational companies, including 100-plus Fortune 500 global companies, are operating in the state. These include Suzuki, Honda, Hitachi, Toyota, and many more" said Prime Minister ..

Gujarat received FDI worth Rs 2.39 trn from Oct 2019 to March 2023

Gujarat has received foreign direct investment worth Rs 2.39 lakh crore or $31 billion between October 2019 and March 2023 and is among the top Indian states in attracting FDI, according to an official release. FDI in Gujarat has increased consistently over the years due to the efforts of the state government and the Vibrant Gujarat Global Summit (VGGS) has played a crucial role in achieving it, the release said. The 10th edition of the biennial VGGS is scheduled to be held in January next year in Gandhinagar. Officials said Gujarat is among the top investment destinations in the country and has received FDI worth Rs 2.39 lakh crore ($31 billion) from October 2019 to March 2023. The state saw a rise of nearly 84 per cent in FDI in 2022-23 compared to the previous year, which was the highest among all the states and Union Territories, as per the website of VGGS. Gujarat accounted for 30 per cent of the total Industrial Entrepreneur Memorandum or IEMs implemented (Rs 1.04 lakh crore

IPL Biologicals to set up facility in Gujarat with Rs 400 crore investment

Agro biological company IPL Biologicals on Wednesday said it has inked a pact with the Gujarat government to set up a facility with an investment of Rs 400 crore. The company signed a memorandum of understanding with the state government agency, Gujarat State Biotechnology Mission, in the presence of Chief Minister Bhupendra Patel. It seeks to set up "a state-of-the-art biofertilisers, bio pesticides, biofungicide, microbial growth promoter facility in the region," the company said in a statement. "The investment of Rs 400 crore underscores IPL's commitment to promoting eco-friendly farming practices and enhancing soil and environmental health," it said. The company believes the MoU with the state government aligns with the national goal of adopting organic and sustainable practices by 2030, the statement said. Its new facility will contribute to sustainable agriculture, it added. "The major focus of the first phase of production will be on...agriculture products, followed by ...

Vibrant Gujarat: MoUs worth Rs 24.7k cr signed ahead of investment summit

State-owned HUDCO on Wednesday said it has entered into a pact with the Gujarat government to invest up to Rs 14,500 crore for financing of housing and urban infrastructure projects. The state government intends for overall development of Gujarat by implementing various housing and infrastructure projects, according to a regulatory filing. Housing & Urban Development Corporation Ltd (HUDCO) has "executed a memorandum of understanding with the State Government of Gujarat for an investment up to Rs 14,500 crore for financing the housing and urban infrastructure projects in the state of Gujarat," the filing said. Being a techno-financial institution, HUDCO is in the business of providing financial assistance for housing and urban development projects in the country.

Gujarat police to coordinate with passengers who returned from France

The Gujarat Police have formed teams to unearth a suspected illegal immigration network involving "agents" and will coordinate with the passengers of a plane that has landed in Mumbai from France, a senior official said. Many passengers of the plane hail from Gujarat, he said. The aircraft, an Airbus A340, carrying 276 passengers, mostly Indians, was grounded in France for four days over suspected human trafficking. It landed in Mumbai in the wee hours on Tuesday. "The CID crime wants to take action against agents who had promised help to the victims to enter the US and other countries (illegally). We have formed four teams which will get information from the victims regarding promises made to them by these agents," Superintendent of Police, CID (Crime), Sanjay Kharat said. He said most of the passengers on the chartered plane that returned from France were from Banaskantha, Patan, Mehsana and Anand districts in Gujarat. "Police will coordinate with the passengers when they reach

Gujarat Maritime Board attracts investment proposal of Rs 1.50 trillion

The Gujarat Maritime Board (GMB) has attracted investment proposals of Rs 1.50 lakh crore by inking investment intentions with over 200 entities ahead of the Vibrant Gujarat Global Summit (VGGS) 2024, a top official said on Tuesday. GMB, a state government agency for port development, inked more than 140 Investment Intention Forms (IIFs) and about 50 strategic partnership MoUs, he said. The cumulative proposed investment amounts to Rs 1.5 lakh crore, with 90,000 employment opportunities in the run-up to the 10th edition of the Summit to be held in Gandhinagar from January 10-12, said GMB vice chairman and CEO Rajkumar Beniwal. Addressing media persons, Beniwal said GMB will host a seminar on port-led city development in Gujarat on January 11 under the 10th edition of VGGS. "The seminar is designed to explore, discuss, and promote the transformative potential of port-led development in the urban system," he said. He said the upcoming seminar aims to enhance understanding of the ...

Gujarat industrial policy aims to make state global biz hub: Stakeholders

The Gujarat government's industrial policy, launched in August 2020 with an aim to provide Rs 40,000 crore in subsidies to industries over five years, is a reflection of its commitment to make the state a global business destination, stakeholders have said. The policy, valid for a period of five years since its launch, promises an average annual outlay of Rs 8,000 crore, indicating substantial support for industries, they said ahead of the 10th edition of the Vibrant Gujarat Global Summit to be held from January 10-12, 2024, in Gandhinagar. The summit is a forum for business networking, knowledge sharing and strategic partnerships for inclusive growth and sustainable development. The state's industrial policy has been well on target to achieve its mission to promote entrepreneurship and innovation by inclusive and balanced regional development, world-class infrastructure, and initiatives aimed at easing the business environment and export competitiveness. This is a reflection of th

PM Modi ensured public welfare schemes reach every person: Gujarat CM

The Gujarat Chief Minister was addressing a meeting programme of beneficiaries of the PM SVANidhi Yojana and their families at GMDC Ground here

147 MoUs worth over Rs 2 trn signed so far at Vibrant Gujarat Summit

Leading up to the Vibrant Gujarat Global Summit 2024 scheduled for January 2024, as many as 147 MoUs have been signed, projecting potential investments worth Rs 2.91 lakh crore in the initial phase

Coca-Cola set to invest Rs 3,000 crore to install new plant in Sanand

Once the plant begins operations, it will have a workforce of about 400 persons in operational and engineering roles