Gujarat to adopt focused area approach to spur growth

February 15th, 2008 - 7:05 pm ICT by admin  

Ahmedabad, Feb 15 (IANS) Gujarat, with more than 50 special economic zones (SEZs) in its kitty, is now working out a special focused area approach to spur growth in sectors ranging from salt and salt-based industries to infrastructure development. According to official sources, special emphasis is being laid for boosting infrastructure development. The government has planned special incentive schemes aimed at attracting global investments into this sector. They will be known as premier or prestigious schemes.

In the past years, the state has introduced such schemes but the main focus of them was industrial projects. The pioneer industries scheme, one of such leading schemes, has attracted investment of Rs.1 billion ($25 million) or more. Now a similar experiment is being planned for the infrastructure sector.

One of the major infrastructure development projects is the creation of state-of-the-art industrial and logistics parks.

So far, the Gujarat Industrial Development Corp (GIDC) was responsible for creating the requisite infrastructure facilities in the state. Now the state government could opt for private-public partnership for implementing infrastructure projects that would also provide logistics services to meet the needs of SEZs, ports and special investment region.

Industries such as traditional textiles and apparels, gems and jewellery, food and agriculture business would be included in the focussed area approach, said officials.

Logistics and service sectors and projects for meeting the emerging manpower needs of various industries and services would also get special focus.

The state wants to set up technical textile parks, which would have immense business prospects across the world.

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