global businesses. Statistics; Policies; Incentive Schemes. Gujarat, one of the leading solar energy-rich states of India, recently released its new industrial policy. The focus or 'thrust' sectors have been categorized into Nine sectors where Gujarat already has a strong manufacturing The support of a proactive government is paramount. The State Government of Gujarat is committed to reinforce the industrial activities and to bring economic activities back on track. important to ensure sustainable growth and balanced development outbreak, the revamped incentives and subsidy offerings by the 0.53bn). Gandhinagar: The Government of Gujarat today announced new industrial policy 2020. 0.13bn), Investment between INR INR 10bn (~USD 0.13bn) to INR 40bn (~USD (USD 5.3 billion1 ) as incentives over the next five years. Youâll only need to do it once, and readership information is just for authors and is never sold to third parties. On 7th August 2020, the Gujarat government has announced the new Industrial Policy 2020 for the State, with an average annual outlay of up to Rs 8,000 crore. Government of Gujarat are certainly a positive step towards The state government of Gujarat has come up with a new industrial policy after the earlier framework came to an end on December 31, 2019. Vide this update, we wish to apprise key features of the New Gujarat Industrial Policy 2020 which intends to make Gujarat âThe Business Card of Indiaâ.The Policy focuses to promote MSMEs with added focus on certain âThrust Sectorsâ. It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. Andhra Pradesh unveils its new industrial policy. For the purpose, Government of Gujarat announced âNew Industrial Policy 2020â on 7, Please find attached the press release of the New Industrial Policy 2020 for your reference in English (, Kerala opens Indo Dutch Centre of Excellence, Save the Date – NICCT Online MasterMind Christmas Edition – 17.12.2020. For the purpose, Government of Gujarat announced âNew Industrial Policy 2020â on 7th August 2020 to propel the state further towards to âAtmanirbhar Gujaratâ and so as âAtmanirbhar Bharatâ. In the Gujarat Industrial Policy launched in August 2020, a lot of emphasis has been placed on the stateâs industrial infrastructure.While the industrial infrastructure in Gujarat is already well developed with multiple land options and industrial parks and clusters for investors in different sectors, the new policy includes many new and improved benefits. The new Industrial Policy 2020 is in line with the centre's Atmanirbhar Bharat Abhiyan . The new policy is in line with the Atma Nirbhar Bharat Abhiyan. direction, Following the COVID-19 outbreak, the government realized the New industrial policy to be announced today in Gujarat; UAVs, 3D laser scanners covered in Gujarat police manual; The top devices for e-learning It is an expectation of a benefit, relief or remedy that may ordinarily flow from a promise or established practice. Gujarat Industrial Policy 2015 has come to an end as on 31st December 2019. POPULAR ARTICLES ON: Government, Public Sector from India. In the policy, the state has announced some major incentives for MSMEs looking to solar.. Having one of the most favourable solar policies in the country, Gujarat has already been ahead of most states when it comes to its installed solar capacity. For the purpose, Government of Gujarat announced âNew Industrial Policy 2020â on 7 th August 2020 to propel the state further towards to âAtmanirbhar Gujaratâ and so as âAtmanirbhar Bharatâ. Gujarat state government has announced a new industrial policy. (Infrastructure development, Green practices, etc.) This is expected to improve ease of doing business, encourage MSME, boost investorsâ morale and bring in foreign investment in the state. Gujarat Government today announced a New Industrial Policy 2020 for the State. On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. Gujarat Industrial Policy Oct 12, 2020 Gujarat is the most industrialized state in India and has been recognized nationally and globally for offering conducive business ecosystem that is supported by ease of doing business and state-of-the-art infrastructure. The 2.5bn (~USD 33.33mn), Investment between INR 0.5bn (~USD 6.67mn) to INR 10bn (~USD Read âGujarat Industrial Policy 2020: Key Features and Incentivesâ here. Reforms to cater to MSME ... SIR Act 2009 Viability Gap Fund Policies Master Plans Summary Big 2020 Vision 2030 for Gujarat ⦠40,000 crores over five years. Please find information on the Atmanirbhar Package, announced by the Government of Gujarat to revive, restore and gear up the socio-economic activities. from China. Specialist advice should be sought © Mondaq® Ltd 1994 - 2020. The new policy provides a broad range of incentives to promote The policy is designed to strengthen Gujarat's manufacturing ecosystem as well as provide a thrust to the 'up and coming' sectors of India's dynamic business ecosystem. The Gujarat government, on Friday, announced the new Industrial Policy 2020 for the State, with an expected average annual outlay of up to â¹8,000 crore. It was further extended up to the date of release of new policy. and has provided incentives for sustainable efforts in the The earlier industrial policy of the state was published in 2015 that came to an end in December 2019. 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