Gujarat welcomes Japanese investment in industrial corridor

By IANS

Ahmedabad : The Gujarat government has told a delegation of Japanese businessmen that the state was ready to locate Japanese industrial units in the state’s segment of the $90-billion Delhi-Mumbai Industrial Corridor.


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The state government has made detailed presentations before the 49-member delegation last week saying that it was ready in terms of infrastructure – ports and road connectivity, and industrial areas – for such investments.

The government also assured the Japanese of speedy implementation of projects, a source in the state industry department said, adding that Gujarat was way ahead of other states in terms of infrastructure needed for setting up projects.

Delhi, Haryana, Uttar Pradesh, Madhya Pradesh, Rajasthan and Maharashtra are the other states through which the corridor will pass.

The Japanese team showed keen interest in the Bharuch-Dahej region, which is being developed as a special economic zone for chemicals manufacture, the source said. They were keen on building technology parks along this stretch, he added.

The central government has proposed setting up of two special investment regions (SIR) in Gujarat in the Vadodara-Ankleshwar and Ahmedabad-Dholera areas.

Gujarat now wants to develop a SIR on its own encompassing the area between Mehsana and Palanpur in northern Gujarat. This region is expected to focus on agro-processing, dairying and light engineering.

Gujarat expects the Mehsana-Palanpur SIR will go a long way in industrialising the two backward districts of Banaskantha and Sabarkantha, the state’s nerve centres of milk production.

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