GIDC Aims to House 5,000 units at 12 new Industrial Estates

Apart from the Covid-19 pandemic, the Gujarat Industrial Development Corporation (GIDC) is being hopeful about supporting new investments and plans to house more than 5,000 new industrial units at the 12 new industrial estates it is building.
Sources said the land obtaining for nine of the 12 industrial estates has been finalized

According to the official, industrial plots have already been allotted to 1,150 units. He said that by the end of 2022, these industrial estates will become fully operational, as not only domestic, but a few #Japanese firms have also earned interest.

Aside from the couple, most of the 12 properties are located near small towns to provide comparatively cheaper land for upcoming industrial units.

Most units that wish to operate here will be in the MSME category. We are expecting an investment of almost Rs 20,000 crore in the upcoming two years, he said.