Ahmedabad

Arvind Agrawal, Additional Chief Secretary, Department of Industry, Government of Gujarat today said the Chief Minister will soon announce Aerospace and Defense policy and Electronic Manufacturing Clusters(EMC) Modified Special Incentive Package Scheme(M-SIPS) policy.

Speaking at upcoming ‘Make in India’ week related event in Ahmedabad Shri Agarawal said, ” We are in very advance stage of preparation of the aerospace and defense policy. We are in very advance stage in preparation of electronics manufacturing clusters and m-sips policy for the electronic units. Gujarat was not traditionally regarded as leading state in electronics and hardware, so we are coming out with a very good policy and the Chief Minister will announce it very soon.”

Sharing more developments in relation to the area of industrial policies Shri Agrawal said, ” We had announced startup policy. We have already begun its implementation. 8 incubators have been given registration, out of which 5 have been released fund already.”

Giving the example of success of Textile policy announced by Gujarat government, Shri Agrawal said, ” Our Textile policy for example which we announced is one of the most successful policies ever to have been announced, with investment of Rs 8,000 crores already has come in the Textile sector. Another investment of about Rs 7,500 crore is in the pipeline. In the sense, investment has been made but the committee has to meet to sanction the subsidy. In next two year we expect Rs 25,000 crore total investment – 8,000 crore of which has already been done and Rs 7,500 crore coming up, so about Rs 16,000 crore while another Rs 9,000 crore to come up in the textile sector alone in Gujarat.”

“We announced our new Tourism policy a month ago which is very very liberal tourism policy, where for the first time, Tourism has been given a status of a industry. It will be viewed at par with industry for all tariff and taxes and duties etc,” he said.

– DeshGujarat