On Monday the state received investment proposals worth ₹15,184 crore from leading industrialists after a meet in the national capital. Sai spoke to Sandip Das on a range of issues - from eliminating Naxalism by 2026 to the potential of the state to emerge as an investment destination. Excerpts:
What are the unique features of the state's new industrial policy 2024-2030?
The policy has the potential for investment in sectors such as agriculture, food processing, energy, mining, and manufacturing. Our policy provides tax, land, and electricity exemptions as well as single-window clearance for industries. It emphasizes setting up industries but also on employment generation. It includes special subsidy and incentive packages for emerging sectors like artificial intelligence (AI), robotics, green hydrogen, data centres and semiconductors, streamlined approval processes without any hassles.
The state is no longer just a mineral-rich state. It is gradually emerging a hub for modern industries and emerging technologies. Industries in these areas will receive 30% to 50% assistance, along with tax exemptions ranging from 5 to 12 years, ensuring a smoother setup and operational process for businesses.
This story is from the December 24, 2024 edition of Financial Express Ahmedabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 24, 2024 edition of Financial Express Ahmedabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
DDF strengthens its Senior Management Team
DF has further strengthened its senior management team with the appointment of eight senior executives across major departments in recent months.
Demerit act by Kohli on Konstas' striking debut
● Indian fined 20% fee for shoulder barge with teenager
The 'global' price factor
Long years of inward-looking policies by govts to blame
China Clears World's Largest Dam in Tibet Near India Border
CHINA HAS APPROVED construction of the world's largest dam, stated to be the biggest infra project costing $137 billion, on the Brahmaputra river in Tibet close to the Indian border, raising concerns in riparian states India and Bangladesh.
Govt Mulls Tax Relief for Middle Class
THE FINANCE MINISTRY did not immediately respond to an email seeking comment.
A weak rupee may jack up import bills
\"THE COST OF imports of oil & gas will increase with a weakening rupee. However, with the decline in oil prices to $70-75 per barrel now, the impact of weakening rupee would be offset,\" said Girishkumar Kadam, senior vice-president & group head - corporate ratings, at Icra.
Dhindsa: Talk less, deliver more
IT IS SUCH attention to detail that's helping Blinkit leave the competition behind by a mile.
In a first, EatSure launches multi-restaurant ordering
EATSURE, THE D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order.
'Skilled jobs can power urban development'
Panellists discussed how cities can boost employability and create enablers for migrant workers to remain invested at the Lucknow edition of IE Thinc: CITIES series, presented by The Indian Express with Omidyar Network India. The session was moderated by Udit Misra, Associate Editor
World Looks at India for Youth Power: PM on Veer Bal Diwas
HIGHLIGHTING HOW YOUTH energy has played a significant role in the country's progress, Prime Minister Narendra Modi said on Thursday that the world looks at India with hope and expectation because of its youth power, which is driving new revolutions.
