Gujarat encouraging SMEs and job creation in a big way: Chief Minister
ECONOMY & POLICY

Gujarat encouraging SMEs and job creation in a big way: Chief Minister

Gujarat has seen a whopping 41 per cent growth in the MSME sector, said Gujarat Vijaybhai Rupani

Gujarat Chief Minister Vijaybhai Rupani 
has said that the state has been focussing in the Startups, SMEs and job creation in major way. He was addressing the audience at the FICCI National Executive Committee Meeting. “Gujaratis have excellent business acumen. And the contribution of the state in India’s economy has been exceptional. The state’s contribution in India’s GDP stands at 7 per cent. Moreover, Gujarat’s stock market contribution is 30 per cent. The numbers are testimony to the fact that Gujarat provides ease of doing business,” said Rupani.

“While manufacturing is Gujarat’s strength, the state government has been focussing on infrastructure development. Gujarat is also one of the 25 focus centres listed under the Make in India movement. Also, from 2012-2018, foreign investment has increased to $20 billion,” he added.

Rashesh Shah, President, FICCI; Sandip Somany, President Elect, FICCI; Sangeeta Reddy, Vice President, FICCI; Pankaj Patel, Past President, FICCI; Dilip Chenoy, Secretary General, FICCI; and Rajiv Vastupal, Chairperson, FICCI Gujarat State Council, attended the interactive session among others.

Elaborating the state’s efforts to boost the MSME sector, Rupani said, “Gujarat is the backbone of the MSME sector. We have seen a whopping 41 per cent growth in the sector. The state government, is giving Rs 1,000 crore as incentives apart from providing best infrastructure. It is the surplus power and industrial peace that are making Gujarat one of the best places to do business. Gujarat, a policy-driven state, has in the true sense become a land of opportunities.”

Speaking about FICCI, the chief minister said, “FICCI has always promoted human development along with industrial development. Also, the organization has constantly been a great support at the Vibrant Gujarat Summit and with the colossal event coming up in January 2019, we are looking forward to the same from them.”

Rashesh Shah, President, FICCI, said, “Gujarat continues to grow with focus on inclusive and sustainable development under the able leadership of Rupani. With growth in every sector, Gujarat has become a truly vibrant state. With a thrust on infrastructure and industrial development in Gujarat, FICCI has also seen great progress and we are truly honoured to be partners of the Vibrant Gujarat Summit, which has become a benchmark for other states to emulate in terms of scale, participation, and business co-ordination.”

Gujarat has seen a whopping 41 per cent growth in the MSME sector, said Gujarat Vijaybhai Rupani Gujarat Chief Minister Vijaybhai Rupani has said that the state has been focussing in the Startups, SMEs and job creation in major way. He was addressing the audience at the FICCI National Executive Committee Meeting. “Gujaratis have excellent business acumen. And the contribution of the state in India’s economy has been exceptional. The state’s contribution in India’s GDP stands at 7 per cent. Moreover, Gujarat’s stock market contribution is 30 per cent. The numbers are testimony to the fact that Gujarat provides ease of doing business,” said Rupani. “While manufacturing is Gujarat’s strength, the state government has been focussing on infrastructure development. Gujarat is also one of the 25 focus centres listed under the Make in India movement. Also, from 2012-2018, foreign investment has increased to $20 billion,” he added. Rashesh Shah, President, FICCI; Sandip Somany, President Elect, FICCI; Sangeeta Reddy, Vice President, FICCI; Pankaj Patel, Past President, FICCI; Dilip Chenoy, Secretary General, FICCI; and Rajiv Vastupal, Chairperson, FICCI Gujarat State Council, attended the interactive session among others. Elaborating the state’s efforts to boost the MSME sector, Rupani said, “Gujarat is the backbone of the MSME sector. We have seen a whopping 41 per cent growth in the sector. The state government, is giving Rs 1,000 crore as incentives apart from providing best infrastructure. It is the surplus power and industrial peace that are making Gujarat one of the best places to do business. Gujarat, a policy-driven state, has in the true sense become a land of opportunities.” Speaking about FICCI, the chief minister said, “FICCI has always promoted human development along with industrial development. Also, the organization has constantly been a great support at the Vibrant Gujarat Summit and with the colossal event coming up in January 2019, we are looking forward to the same from them.” Rashesh Shah, President, FICCI, said, “Gujarat continues to grow with focus on inclusive and sustainable development under the able leadership of Rupani. With growth in every sector, Gujarat has become a truly vibrant state. With a thrust on infrastructure and industrial development in Gujarat, FICCI has also seen great progress and we are truly honoured to be partners of the Vibrant Gujarat Summit, which has become a benchmark for other states to emulate in terms of scale, participation, and business co-ordination.”

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?