Page 33 - Gujarat

Godrej Industries' chemicals division plans Rs 600 cr investment in Gujarat

Godrej Industries Ltd on Friday said its chemicals division plans to invest Rs 600 crore over the next four years in the expansion of its unit at Valia in Gujarat. In a regulatory filing, the company said Godrej Industries Ltd (Chemicals Division) has signed a non-binding Memorandum of Understanding (MoU) with the Gujarat government for the purpose. "As part of the MoU, the company may plan to invest Rs 600 crore over the next four years on the significant expansion in Valia with employment of around 250 (people)," it said. The MoU paves the way for expansion at Valia where Godrej Industries already has a manufacturing facility. The unit located in the Bharuch district of the state produces a wide range of oleochemical products derived from organic material catering to various market segments, including personal care, pharmaceutical and food industries, the company said. "This strategic collaboration underscores our commitment to growth, innovation, and contributing to the economic

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 ..

Gujarat holding talks with Japan, US firms as PM Modi eyes chipmaking hub

India's chipmaking ambitions, first laid out in 2021, have suffered setbacks and the country does not yet have any semiconductor manufacturing plants

RECPDCL inks pact with Guj for smart metering projects worth Rs 2,094 crore

REC Power Development and Consultancy Ltd (RECPDCL), a wholly-owned subsidiary of REC, has inked an initial pact with the Gujarat government for implementing smart metering projects worth Rs 2,094.28 crore. The project is to be implemented in Paschim Gujarat Vij Company Ltd (PGVCL) under the first phase of the Revamped Distribution Sector Scheme (RDSS). PGVCL comes under Gujarat Urja Vikas Nigam Ltd (GUVNL). According to a statement, an Memorandum of Understanding (MoU) was signed by GUVNL MD Jai Prakash Shivahare and RECPDCL CEO Rajesh Kumar Gupta in the presence of Gujarat Chief Minister Bhupendra Patel. The MoU was signed ahead of the Vibrant Gujarat Summit 2024. The Gujarat government is set to facilitate RECPDCL in obtaining necessary permissions and clearances for their upcoming projects in the state. As per the statement, the MoU outlines a time-bound framework to streamline the establishment of RECPDCL's projects in Gujarat.

NHPC pledges to invest Rs 4k cr in 750 MW Kuppa hydro storage project

NHPC has inked an initial pact to invest Rs 4,000 crore in 750 MW Kuppa Pumped Hydro Storage Project at Chhota Udaipur in Gujarat. Taking a step towards clean and green energy, NHPC signed a Memorandum of Understanding (MoU) with Gujarat Power Corporation (GPCL) for investment in Kuppa Pumped Hydro Storage Project (750 MW) on January 3, 2024, a company statement said. According to the statement, the MoU was signed at an event organised at the Secretariat in Gandhinagar under the aegis of 'Vibrant Gujarat'. In the presence of Gujarat Chief Minister Bhupendra Patel, and state Energy Minister Kanubhai Desai, the MoU was signed by Arun Mahesh Babu, Managing Director, GPCL, and V Srivastava, Executive Director, Renewable Energy and Green Hydrogen, NHPC, the statement said. As per the terms of the MoU, the NHPC shall invest an estimated Rs 4,000 crore in the proposed 750 MW Kuppa Pumped Hydro Storage Project at Chhota Udaipur, Gujarat. The implementation of this project will create ...

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 surges 13% on signing Rs 47,350 cr-projects with Gujarat govt

The MoUs entail setting 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, associated infrastructure for 7,000 MW solar project, green hydrogen/green ammonia output facility

Gujarat govt signs deals worth $86 billion ahead of investment summit

The home state of Prime Minister Narendra Modi has been signing these agreements ahead of its biennial Vibrant Gujarat Global Summit

PFC signs MoU with Gujarat govt for power projects worth Rs 25,000 crore

'The collaboration will not only focus on the expansion of power infrastructure, but also help create employment generation of up to 10,000 in Gujarat,' said the Ministry of Power

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

India reports 115 new JN.1 cases, marking highest single-day detection

These cases have been found across ten states and union territories, with Kerala reporting the maximum cases at 147. Goa (51 cases) and Gujarat (34 cases) followed Kerala

Covid sub-variant JN.1: Insacog says 196 cases detected in country

A total of 196 cases of COVID-19 sub-variant JN.1 have been detected in the country so far, with Odisha joining the list of states that have detected the presence of the variant, according to the INSACOG's data updated on Monday. Ten states and Union territories have so far detected the presence of the JN.1 sub-variant of the virus. These states are Kerala (83), Goa (51), Gujarat (34), Karnataka (eight), Maharashtra (seven), Rajasthan (five), Tamil Nadu (four), Telangana (two) Odisha (one) and Delhi (one), according to the Indian SARS-CoV-2 Genomics Consortium (INSACOG). The INSACOG's data showed 179 Covid cases recorded in the country in December had the presence of JN.1, while 17 such cases were detected in November. The World Health Organisation (WHO) has classified JN.1 as a separate "variant of interest" given its rapidly-increasing spread, but said it poses a "low" global public health risk. The JN.1 sub-variant of the coronavirus was previously classified as a variant of ..

Gujarat dairy sector booming as 3.6 mn farmers get Rs 200 cr: Officials

Gujarat's focus on animal husbandry has contributed significantly to the prosperity of the state's people as 36 lakh milk producers collectively receive Rs 200 crore daily from the Gujarat Cooperative Milk Marketing Federation (GCMMF), officials said. The dairy sector in the state has grown to Rs 1 lakh crore, they said. The upcoming 10th edition of the Vibrant Gujarat Global Summit, to be held in Gandhinagar between January 10 and 12, will provide a platform for the government to showcase the state's exponential growth in agriculture, horticulture and animal husbandry, Chief Minister Bhupendra Patel has said. As per a statement issued by the government, the agriculture, horticulture and animal husbandry sectors in the state are experiencing significant growth through a combination of natural farming and advanced technologies, contributing to the circular economy of Gujarat and advancing its global reputation in the dairy sector. "The upcoming Vibrant Gujarat Summit 2024 will showc

Cadila Pharma CMD booked for alleged rape, assault on Bulgarian woman

In its order dated December 22, the HC had directed the chief judicial magistrate to pass an order of investigation by a competent police official into the complaint

Pro-industry policies have helped Gujarat attract investment: Officials

Gujarat's industry-friendly policies have played a key role in attracting investments across sectors and underscore the state government's commitment to drive India's economic growth, officials said. Like the previous nine Vibrant Gujarat Global Summits held over the last two decades, the 10th edition of the summit, to be organised in Gandhinagar between January 10 and 12, 2024, will serve as a platform to showcase the state's commitment to promote business-friendly policies, they said. The state aims to support the Centre's vision of 'Atmanirbhar (self-reliant) Bharat' through 'Atmanirbhar Gujarat,' and measures announced to attract businesses are aimed towards the same, the officials said. They credited Prime Minister Narendra Modi's vision for economic development behind the state's progressive policies. "The Vibrant Gujarat Global Summit has played a key role in attracting an impressive USD 55 billion in foreign investments over the past two decades. It has contributed to more

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

At least 28 countries plan to participate in Vibrant Gujarat summit: Govt

As many as 28 countries and 14 organisations have so far confirmed to be partners for the upcoming Vibrant Gujarat Global Summit (VGGS) 2024, the state government said on Saturday. The 10th edition of VGGS, based on the 'Gateway to the Future' theme, will be organised in Gandhinagar from January 10 to 12. The countries that agreed to join as partners are Australia, Bangladesh, Czech Republic, Egypt, Estonia, Finland, Germany, Indonesia, Japan, Kenya, Malaysia, Malta, Morocco, Mozambique, Nepal, Netherlands, Norway, Poland, Republic of Korea, Rwanda, Singapore, Tanzania, Thailand, the UAE, United Kingdom, Uruguay, Ghana, and Vietnam, stated an official release. The partner organisations include the American Chamber of Commerce in India (AMCHAM India) EPIC India-University of Chicago, Indo-American Chamber of Commerce (IACC), Indo-African Chamber of Commerce and Industry, International Solar Alliance, Japan External Trade Organization (JETRO), Korea Trade and Investment Agency, among

Police questions passengers of Nicaragua-bound flight sent back by France

At least 20 passengers from Gujarat who were on the Nicaragua-bound flight which was sent back mid-route from France have been quizzed by police in a bid to unearth a suspected illegal immigration network operating from the state, a senior official has said. The Nicaragua-bound aircraft, an Airbus A340 carrying 276 passengers, was grounded in France for four days over suspected human trafficking. It landed in Mumbai in the early hours of December 26. According to a senior state Crime Investigation Department (CID) official, those passengers included at least 60 from Gujarat, who have already reached their respective native places in the state. They are being questioned by the department to find out whether they had any plans to cross into the United States of America illegally after reaching Latin America, the official said on Friday. "They were sent back from France. There was a rumour they had planned to enter the US illegally after landing in Nicaragua. In their statements, they

Stock market investor base surges, UP upends Gujarat from the 2nd position

UP surpassed Gujarat to take the second position in 2023 by adding 33.8 per cent of new stock market investors

Govt 'very hopeful' of Tesla setting up plant in state: Guj Minister

Gujarat Minister Rushikesh Patel on Thursday said his government was "very hopeful" that Elon Musk-led Tesla will choose the state to set up a plant and informed communication was on with the firm in this regard. Patel was responding to queries based on news reports suggesting that the US-based electric vehicle maker was planning to set up a manufacturing plant in Gujarat. "The state government is very hopeful of Tesla coming to Gujarat. Even Elon Musk is looking at Gujarat as his first choice. Gujarat is in his mind ever since he began a survey in India to find a suitable location to set up the plant," said Patel, who is health minister and spokesperson of the state government. "Perhaps, very soon, an official announcement will be made in this regard (Tesla's entry. Let us hope Tesla comes to Gujarat. We will definitely welcome it and provide all necessary support, just like we gave Tata, Ford and Suzuki in the past," Patel told reporters in Gandhinagar. Patel said communication .