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Gujarat to set up nine new industrial zones to help industrialists establish MSMEs

Gujarat to set up nine new industrial zones to help industrialists establish MSMEs

Wednesday October 31, 2018 , 1 min Read

The Gujarat Industrial Development Corporation (GIDC) is set to open nine new industrial zones in eight districts, state revenue minister Kaushik Patel said, adding the move will help industrialists set up micro, small and medium enterprises (MSMEs).

The new industrial zones will come up at Patan, Mehsana, Anand, Rajkot, Morbi, Surendranagar, Bhavnagar, and Gandhinagar districts.

“Nine new GIDC zones will come up in the state in over 1,050.3 hectare land parcel spanning eight districts,” Patel said.

He added, “This will encourage industrialists to set up MSMEs and will help create employment for local youths. Seventy percent of the land will be offered to interested persons at 50 percent market rate.”

The government has also allocated 12.5 hectare land at Rajkot’s Para Pipaliya to Container Corporation of India to construct an inland container depot, an official release said.

The Container Corporation will construct facilities like rail siding, container yards, export-import cargo warehouse, container and cargo handling facilities, customs office, container repair workshop, trade facilitation zones, among others.