Page 35 - Gujarat

MoUs worth over Rs 770 cr signed at adventure tourism convention in Gujarat

The annual convention organised by the Adventure Tour Operators Association of India supported by the Tourism Corporation of Gujarat was inaugurated today at the Statue of Unity in Ekta Nagar

LIVE: PM flags off Kashi Tamil Sangamam between Varanasi, Kanyakumari

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Gujarat attracting big investments since automobile sector took off in 2009

Gujarat's automobile sector took off in 2009 when Tata Motors set up its Nano manufacturing plant in Sanand, about 50 km from Ahmedabad, and the state has been attracting some big ticket investments from both domestic and international players since then. Now, with the global shift tending towards electric mobility, the Gujarat government seeks to position itself as a leading electric vehicles (EV) manufacturing hub. To this effect, it signed an MoU with the Tata Group worth Rs 13,000 crore in June this year. The 10th edition of the Vibrant Gujarat Global Summit will be held from Jan 10 to 12, 2024 in Gandhinagar. The biennial summit serves as a platform for businesses and governments to explore investment opportunities and establish partnerships. Experts believe that future-ready infrastructure such as the Dholera Special Investment Region and the Delhi-Mumbai industrial corridor are bound to change the state's outlook in the auto sector. Ratan Tata, former chairperson of the Ta

PM Modi inaugurates new terminal building of Surat airport in Gujarat

The Surat Diamond Bourse (SDB) building, the world's largest office complex with more than 6.7 mn square feet of floor area, is located at Khajod village near Surat city

Will move with positive agenda: INC discusses LS poll preparedness in Guj

The top leadership of the Congress Saturday discussed the party's preparations in Gujarat for next year's Lok Sabha elections, with party chief Mallikarjun Kharge saying they will move forward with a positive agenda to strengthen the organisation. Kharge chaired a meeting of Gujarat Congress leaders at the AICC headquarters here. Former Congress chief Rahul Gandhi and other senior leaders of the party were also present. Discussions were held on challenges the party faces in Gujarat and ways to highlight the BJP's "misgovernance" before the people. This was part of a series of meetings organised by the party to strengthen the organisation in every state and prepare itself for the general elections next year. "Due to the continuous misgovernance of the BJP government in Gujarat, the issues remain the same unemployment, inflation, economic inequality, atrocities against Dalits and tribals, fraud and immense corruption," Kharge said in Hindi on 'X' after the meeting. "Today, we discu

13 states, UTs among 'achievers' in logistics performance index: DPIIT

Andhra Pradesh, Karnataka, Tamil Nadu, Chandigarh, and Gujarat are among the 13 states and Union Territories that have again been categorised as "achievers" in the logistics index chart 2023, according to a report released by the Commerce and Industry Ministry on Saturday. The index is an indicator of the efficiency of logistical services necessary for promoting exports and economic growth. As against 15 states and UTs, this year the number has reduced to 13 as Himachal Pradesh and Uttarakhand have slipped into "aspirers" and "fast movers" categories, respectively, this year. Steps taken by Sikkim and Tripura have helped them move up the ladder to the "achievers" category from "fast movers" in 2022. The other states and UTs in the "achievers" category are Delhi, Assam, Haryana, Punjab, Telangana, and Uttar Pradesh. Kerala, Maharashtra, Madhya Pradesh, Rajasthan, Uttarakhand, Arunachal Pradesh, Nagaland, Andaman and Nicobar, Lakshadweep, and Puducherry have been categorised as "fas

Gujarat's dedicated semiconductor policy drawing global players, says govt

Chip maker Micron Technology's decision to set up a $2.75-billion plant at Sanand near Ahmedabad indicates that Gujarat's dedicated semiconductor policy is bearing fruit and attracting global players, the state government has said. Gujarat had in July last year announced a dedicated policy to draw new investments in the semiconductor sector by offering incentives and subsidies to start operations in the state. The Gujarat Semiconductor Policy', unveiled by Chief Minister Bhupendra Patel, will remain in force till 2027. The policy has been designed in line with the Centre's India Semiconductor Mission' to attract and facilitate new projects in the sector, the government said in a release. Under the policy, the state government will set up Dholera Semicon City' near Ahmedabad where eligible projects will be given subsidies for setting up manufacturing units, it said ahead of the state's Vibrant Gujarat Global Investor Summit next month. At the facility, eligible projects will be give

Essar group signs MoU with Gujarat govt to invest Rs 55,000 crore

These projects would create over 10,000 job opportunities

Procurement from govt's GeM portal may reach Rs 3.5 trillion this fiscal

The procurement of goods and services from the government portal GeM is expected to touch Rs 3.5 lakh crore by the end of this fiscal due to higher buying activities by various ministries and departments, a senior government official said. The government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments. "As of today, the procurement has reached Rs 2.4 lakh crore and going by the trend, the procurement this fiscal will reach close to Rs 3.50 lakh crore, hopefully," GeM CEO P K Singh told reporters here. In 2021-22, the procurement value stood at Rs 1.06 lakh crore. It crossed Rs 2 lakh crore last year. Singh said that the share of central public sector enterprises (CPSEs) in the total buying of goods and services is increasing at a healthy rate. More than 245 CPSEs, including Coal India, SAIL, NTPC and SBI, are participating in the process. The top five undertakings that are ..

Adani Energy Solutions incorporates Gujarat-based Sunrays Infra Space Two

Adani Energy Solutions on Thursday announced the incorporation of a wholly-owned subsidiary Sunrays Infra Space Two Limited on December 13, 2023. "Company has incorporated a wholly-owned subsidiary company in the name of Sunrays Infra Space Two Ltd (SISTL) on 13th December 2023," a BSE filing said. The authorised and paid-up share capital of Sunrays Infra Space Two Ltd is Rs one lakh each. It is incorporated by Adani Energy Solutions Limited for transmission, distribution and supply of power and other infrastructure services relating thereto. The equity shares are acquired at a face value of Rs 10 each for cash consideration with 100 per cent shareholding. The SISTL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on December 13, 2023, and is yet to commence its business operations.

Hindustan Coca-Cola Beverages plans to invest Rs 3,000 crore in Gujarat

Hindustan Coca-Cola Beverages (HCCB) Ltd -- the bottling arm of beverage major Coca Cola in India -- on Wednesday said it is planning to invest Rs 3,000 crore in Gujarat to set up a state-of-the-art facility to manufacture juice and aerated beverages in Rajkot, which is projected to commence operations in 2026. "The investment is expected to create a considerable industrial footprint, fostering substantial economic and social growth in the region," HCCB said in a statement. "The Government of Gujarat, in turn, has assured comprehensive support to facilitate HCCB in obtaining all necessary permissions, registrations, approvals, and clearances, in a time-bound manner," said an HCCB statement. HCCB already operates facilities at Goblej in Kheda district and Sanand in Ahmedabad district. Now, HCCB's total employee strength in the state will more than double to 1,500. "We foresee this project as a catalyst for regional development, bringing in new opportunities for local talent and ...

Manufacturing sector expected to reach $1 trn by 2025-26 led by Gujarat

The automobile, electronics, and textile sectors in India have witnessed surge in investment and will lead the manufacturing sector's growth in India, according to a report by Colliers

USFDA issues Form 483 with 5 observations to Torrent Pharma's Guj unit

Torrent Pharmaceuticals Ltd on Tuesday said the US health regulator has issued Form 483 with five procedural observations after inspecting its oral manufacturing facility situated at Bileshwarpura in Gujarat. As per the US Food and Drug Administration (USFDA), Form 483 is issued to a firm's management at the conclusion of an inspection when the investigator has observed any conditions that may constitute violations of the Food Drug and Cosmetic (FD&C) Act and related Acts. The USFDA conducted a pre-approval Inspection at the company's oral manufacturing facility situated in Bileshwarpura, Gujarat from December 5 to 11, 2023, Torrent Pharma said in a regulatory filing. "At the end of the inspection, the company was issued a Form 483 with five procedural observations. There was no observation related to data integrity reported,"it added. The company also said, "we will respond to the USFDA within the prescribed time frame and will work in close collaboration with the agency to ...

Airbus supply, support services by Tata to draw 5% GST, rules AAR

Tata Advanced Systems approached the AAR to know if GST is applicable on the supply of the aircraft

AMNS India plans Rs 100 cr capital infusion on 3 scrap processing centres

Gujarat-based AMNS India is planning to set up three scrap processing centres at a capital infusion of around Rs 100 crore. The company plans to set up two centres at Hazira and Ahmedabad in Gujarat, and one in Khopoli, Maharashtra, a company official said on Thursday. ArcelorMittal Nippon Steel (AMNS) India is a 60:40 joint venture between Luxembourg-based global steel giant ArcelorMittal and Nippon Steel of Japan. When asked about the timeline, the official said as per the plan submitted to the board of AMNS India, all the three centres are to be set up by 2024. The company owns and operates a 9 million tonne (MT) plant at Hazira where it uses 3-5 per cent of scrap to manufacture steel. AMNS India aims to increase its scrap mix-up to 9-10 per cent with the set up of the centres. Earlier, Union Steel Minister Jyotiraditya Scindia said his ministry will push primary steel producers to use 50 per cent of their input from scrapped/recycled steel by 2047 to help achieve the governme

Proud moment as Garba shines on global stage: Shah on Unesco recognition

Union Home Minister Amit Shah Thursday hailed the inclusion of Gujarat's traditional Garba dance in its 'Representative List of the Intangible Cultural Heritage of Humanity', saying it is an accolade for the beauty and resilience of the country's culture. UNESCO has approved the inclusion of Gujarat's traditional Garba dance in its 'Representative List of the Intangible Cultural Heritage of Humanity'. "Garba is an age-old dance form that brings the community together with its rhythmic harmony. Its inscription on the Intangible Heritage List is an accolade for the beauty and resilience of our culture. "This proud moment, when our very own Garba shines on the global stage, also reminds us of our responsibility to promote and preserve more religiously," Shah wrote on 'X'. India had nominated Garba, performed across Gujarat and in many other parts of the country during the Navratri festival, for inclusion in the list.

Celebration of life: PM Modi hails Garba's inclusion in Unesco's key list

Prime Minister Narendra Modi on Wednesday described Garba as a celebration of life, unity and deep-rooted traditions, as UNESCO approved the inclusion of Gujarat's traditional dance in its 'Representative List of the Intangible Cultural Heritage of Humanity'. "Its inscription on the Intangible Heritage List showcases to the world the beauty of Indian culture. This honour inspires us to preserve and promote our heritage for future generations. Congrats for this global acknowledgment," Modi said on X. India had nominated Garba, performed across Gujarat and in many other parts of the country during the Navratri festival, for inclusion in the list.

Garba of Gujarat included in Unesco's Intangible Cultural Heritage list

Gujarat''s popular Garba dance has been included in the Representative List of Intangible Cultural Heritage (ICH) of Humanity by UNESCO, Chief Minister Bhupendra Patel said on Wednesday. The inclusion has been made under the provisions of the 2003 Convention for the Safeguarding of Intangible Cultural Heritage during the 18th meeting of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage which began in Kasane, Botswana on Tuesday. Garba of Gujarat is the 15th ICH element from India to join this list. This inscription underscores Garba's pivotal role as a unifying force that fosters social and gender inclusivity. Garba as a dance form is entrenched deeply in ritualistic and devotional roots, involving people from all walks of life and it continues to thrive as a vibrant living tradition bringing communities together, an official release said.

16 countries onboard to be partners for Vibrant Gujarat event: Officials

As many as 16 countries and 14 organisations have so far confirmed to be partners for the upcoming 10th edition of Vibrant Gujarat Global Summit next month, officials said Wednesday. The Vibrant Gujarat Global Summit (VGGS) 2024, being organised on the theme of Gateway to the Future', will have Japan, Finland, Morocco, Republic of Korea, Mozambique, Estonia, UAE, Australia, UK, Netherlands, Norway, Nepal, Thailand, Bangladesh, Germany, and Egypt as partner countries, said a government release. The 10th edition of the investors' summit is scheduled to take place from January 10-12, 2024, at the Mahatma Mandir in Gandhinagar. Among partner organisations are American Chamber of Commerce in India (AMCHAM India), Canada India Foundation, EPIC India-University of Chicago, Indo-American Chamber of Commerce (IACC), Indo-Canadian Chamber of Commerce (ICCC), and Indo-African Chamber of Commerce and Industry. International Solar Alliance, Japan External Trade Organization (JETRO), Netherlands

Suzuki Motor Gujarat unit crosses 3 mn cumulative production milestone

Maruti Suzuki India (MSI) on Wednesday said its Gujarat-based unit has crossed 30 lakh cumulative production milestone. Suzuki Motor Gujarat (SMG) has surpassed the milestone within a span of around 6 years and 11 months since commencing operations in February 2017, MSI said in a statement. SMG has an annual production capacity of 7.5 lakh units and the vehicles manufactured at the plant are sold in both domestic as well as export markets. "With the acquisition of Suzuki Motor Gujarat, we are further enhancing our production flexibility. The production of our battery electric vehicles will also be undertaken at the Gujarat plant and is expected to start in FY 2024-25," MSI MD and CEO Hisashi Takeuchi stated. Currently, the facility rolls out some of the popular models like Swift, Baleno, Dzire and Fronx. Around 50 per cent of the vehicles manufactured at SMG in 2022-23, were exported to global markets, Takeuchi noted. MSI board recently approved the acquisition of SMG from Suzuki