Gujarat's Ambitious IT/ITES Policy Aims for Rs 25,000 Crore Exports in 5 Years

07 Dec 2023 CW Team

Gujarat has unveiled its forward-looking IT/ITES Policy 2022-27, charting a course for significant economic strides. With an annual growth rate of 14%, the state is poised to become an IT hub, generating over 1 lakh job opportunities. The policy aims to propel Gujarat's IT sector, targeting Rs 25,000 Crore in exports over the next five years. Key features include a robust infrastructure framework, fostering innovation and digitalization. The policy emphasizes skill development, aiming to create a skilled workforce to meet industry demands. Gujarat's strategic geographic location further enhances its potential as a thriving IT destination. This initiative aligns with the broader vision of transforming Gujarat into a knowledge-based economy. The state's commitment to a business-friendly environment, coupled with proactive policies, positions Gujarat as a frontrunner in the Indian IT landscape. As the digital era unfolds, Gujarat's IT/ITES Policy is a testament to its determination to harness technology for sustained economic growth.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

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Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..