Gujarat approves Rs 1,607 crore industrial aid; 5634 jobs expected

Gandhinagar, April 1 (IANS) The Gujarat government has approved investment-linked assistance for 23 industrial units worth more than Rs 1,607 crore, a move expected to generate an estimated 5,634 jobs across multiple districts, officials said after a high-level committee meeting on Wednesday.
The approvals were granted at a meeting chaired by Deputy Chief Minister Harsh Sanghavi, where final eligibility certificates for state support were cleared for the selected units.
The assistance is aimed at accelerating industrial activity while expanding employment opportunities in the state.
According to the government, 22 of the approved units fall under the Industrial Policy-2015 (Incentives to Industries), with a combined proposed investment of Rs 770.29 crore.
A separate proposal involving an investment of Rs 837.67 crore by a unit in Panchmahal district was approved under the Aatmanirbhar Gujarat Scheme-2022.
Officials said the assistance package includes Net SGST support, interest subsidies, and EPF reimbursements, designed to lower companies’ operational costs and encourage expansion.
The measures are also expected to benefit smaller firms linked to larger industrial units, particularly in the MSME sector. District-wise allocations reflect a spread across key industrial regions.
Ahmedabad accounted for Rs 186.77 crore in the auto sector, while Surat received Rs 148.34 crore across textile, paper and allied sectors.
Bharuch saw approvals worth Rs 186.57 crore in the chemicals sector and Rs 81.09 crore in the metals and minerals sector in Gandhinagar.
Other allocations include Rs 57.90 crore in Sabarkantha, Rs 26.07 crore in Banaskantha for agro-products, Rs 25.89 crore in Mehsana for engineering, Rs 13.30 crore in Valsad for engineering, Rs 9.82 crore in Rajkot for auto, and Rs 18.74 crore in Surendranagar for metals.
Panchmahal district received approvals totalling Rs 853.47 crore across two proposals.
Officials said the approvals would “create approximately 5,634 employment opportunities in the state and open new avenues of economic progress for youth”.
He added that Gujarat continues to attract investment due to its industrial ecosystem and policy support.
The meeting was attended by State Industries and MSME Minister Jayram Gamit, Additional Chief Secretary (Revenue) Dr Jayanti Ravi, Additional Chief Secretary (Finance) Dr T. Natarajan, and Additional Chief Secretary (Industries) Mamta Verma, along with senior officials from the forest, environment, labour and industries departments.
–IANS
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