Gujarat CM Patel launches projects of Rs 5.64 Bn

17 Oct 2024 CW Team

These infrastructure initiatives undertaken by the Gujarat Industrial Development Corporation (GIDC) aim to boost industrial growth and ensure efficient water supply and road networks across various industrial estates.

Under the PM MITRA Park scheme, a project of Rs 3.52 billion has been launched to establish a 65 MLD water supply system at the proposed Textile Park in Vansi, Navsari district, aiming to provide essential water infrastructure to support the growing textile industry.At the Sanand-2 Industrial Estate, a Rs 21-crore project is underway to construct a water storage tank for industrial use. In the Saykha-B industrial estate in Bharuch, a Rs 22-crore project to upgrade the existing water supply infrastructure in the Mixed-Use Zone, the government said.

Similarly, at the Panoli industrial estate, a Rs 23-crore project is dedicated to enhancing the current water supply system. Collectively, these water infrastructure projects of Rs 4.18 billion. They are vital for meeting the increasing water demands of Gujarat's industrial sector, said the release. The CM also inaugurated several road network and infrastructure projects across various GIDC estates.

A fund of Rs 1 billion has been allocated to develop the road network for an upcoming ceramic park in Jambudia-Paneli in Morbi district, said the release. The road network at Khirasara-2 estate in Rajkot will be developed for a Rs 0.39 billion project. Additionally, a Rs 7 crore project will improve both road and water supply infrastructure at the Ichhapore industrial estate. These road infrastructure projects, totalling Rs 1.46 billion, will enhance connectivity and facilitate efficient transportation within these industrial zones, said the release.

Gujarat Chief Minister Bhupendra Patel virtually inaugurated and laid foundation stones for infrastructure projects of Rs 5.64 billion for state-run industrial estates. These projects, aimed at enhancing Gujarat's industrial ecosystem, were launched at an event held in Gandhinagar as part of 'Vikas Saptah' celebrations, the state government stated. These infrastructure initiatives undertaken by the Gujarat Industrial Development Corporation (GIDC) aim to boost industrial growth and ensure efficient water supply and road networks across various industrial estates. Under the PM MITRA Park scheme, a project of Rs 3.52 billion has been launched to establish a 65 MLD water supply system at the proposed Textile Park in Vansi, Navsari district, aiming to provide essential water infrastructure to support the growing textile industry.At the Sanand-2 Industrial Estate, a Rs 21-crore project is underway to construct a water storage tank for industrial use. In the Saykha-B industrial estate in Bharuch, a Rs 22-crore project to upgrade the existing water supply infrastructure in the Mixed-Use Zone, the government said. Similarly, at the Panoli industrial estate, a Rs 23-crore project is dedicated to enhancing the current water supply system. Collectively, these water infrastructure projects of Rs 4.18 billion. They are vital for meeting the increasing water demands of Gujarat's industrial sector, said the release. The CM also inaugurated several road network and infrastructure projects across various GIDC estates. A fund of Rs 1 billion has been allocated to develop the road network for an upcoming ceramic park in Jambudia-Paneli in Morbi district, said the release. The road network at Khirasara-2 estate in Rajkot will be developed for a Rs 0.39 billion project. Additionally, a Rs 7 crore project will improve both road and water supply infrastructure at the Ichhapore industrial estate. These road infrastructure projects, totalling Rs 1.46 billion, will enhance connectivity and facilitate efficient transportation within these industrial zones, said the release.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Technology

18 Sep 2025

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Infrastructure Urban

18 Sep 2025

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..