Updated By: LatestGKGS Desk
Gujarat Government to set-up 16 new townships to encourage small, Medium Enterprises
the Government of Gujarat set-up 16 new townships to encourage the small and Medium Enterprises (SMEs)
Gujarat Government would be setting up 16 new Gujarat Industrial Development Corporation (GIDC) townships in 2400 hectare area to encourage the small and Medium Enterprises (SMEs).
Gujarat Chief Minister Vijay Rupani has announced about the 16 new townships in a press conference at Gandhinagar on 11 October 2017.
The township is expected to attract around 15, 000 industrial units. It is expected to result in the growth of SMEs, especially in remote locations.
The combined area of industrial estates across 16 locations will be rounded 2400 hectares. The estates are expected to generate employment for around 100,000 people.
Besides this, the state government has announced a new policy Garments & Apparel Policy 2017.
The policy will create jobs opportunities in garments among small units and also expected to bring in investments worth over Rs 20000 Cr.