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Gujarat govt plans to setup 16 new GIDC to boost MSME sector

Updated: Jan 12, 2019 08:23:33am

Gujarat govt plans to setup 16 new GIDC to boost MSME sector

New Delhi, Jan 12 (KNN) Gujarat government has planned to establish 16 new Gujarat Industrial Development Corporation (GIDC) estates spread across 2,420 hectares of land in a bid to give a boost to Micro, Small and Medium Enterprises (MSMEs) sector.

While four GIDCs have become operational, the rest are in different stages of development like infrastructure development and land procurement. 

According to the media reports, the Vice-Chairman and Managing Director of GIDC, D Thara said that the new GIDCs are aimed at creating facilities for around 8,000 new MSME units in various parts of the state.

Thara said more GIDC estates are likely to be announced in coming months.

“The land acquisition process for most of the upcoming estates is almost over,” she said. 

“We are focusing on multi-sector industrial development but some units will have concentration of plastic, auto-parts etc because of their proximity to major plants,” Thara said. 

While the unit at Vanod in Tarapur taluka of Anand district will be spread over 900 hectares, two estates, Bhagapur in Viramgam taluka of Ahmedabad district and Nava-Madhiya in Bhavnagar district will be in 300 hectares.


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