GoG to set up 16 new GIDC in 14 districts with a view to give boost to small industries

Posted on 11, Oct 2017

New GIDC estates to have 14,540 plots with investment of Rs.15,000-cr and jobs for 40,000

“Gujarat Government to set up 16 new GIDC estates to encourage MSME sectors; 50% subsidy for multistoried sheds, says CM Vijay Rupani

Gandhinagar, October 11, 2017: Gujarat Government has decided to set up 16 new GIDC estates in 14 districts, to accommodate 14,540 plots, spread over 2,460 hectares with an estimated investment of Rs.15,000-crore, to provide jobs to 40,000 local youths, Chief Minister Vijay Rupani said here today.

Giving details, he said the decision has been taken to encourage the Micro Small Medium Enterprise (MSME) sectors and to increase job opportunities in the state, in the wake of many investors from India and abroad are coming to Gujarat as a result of Vibrant Gujarat Summits.

He said these GIDC estates to be developed under the aegis of Gujarat Industrial Development Corporation will have infrastructure facilities like road, water supply and electricity connections. The plots will be of the size of 50, 100, 200 and 500 square metres, some of which could be multistoried sheds.

As per Industry Department, the plan is to build 1,086 new sheds in 33 GIDC estates. The GIDC will build the smaller 50 and 100 sq. m. sheds on multistoried sheds, while 112 sheds are already constructed and 552 sheds are under construction.

The government will provide 50 per cent subsidy for sheds. Out of the remaining amount, GIDC will make 30 per cent down payment, while 70 per cent is to be paid in easy installments, for which the government will make arrangements.

These GIDC estates will be set up at 16 places in 15 talukas in 14 districts (within brackets). They are: Devgam-Khirsara (Lodhika taluka in Rajkot district), Chhattar-Mittana (Tankara in Morbi), Dhrol (Jamnagar), Moti-Chirai (Bhachau taluka in Kutch district), Vanod (Patdi in Surendranagar), Chhapi-Magarwada (Vadgam in Banaskantha), Bhagapura (Viramgam in Ahmedabad), Shinavad (Modasa in Aravalli), Kharedi (Dahod), Indranaj (Tarapur in Anand), Miyawadi (Bardoli taluka in Surat district), Borkhadi (Vyara taluka in Tapi district), Savarkundla and Lathi (both in Amreli district), Narigam and Madhia (both in Bhavnagar taluka in Bhavnagar district).