Gujarat govt signs 20 more MoUs for proposed estimated investment of Rs. 11,820 crore

Gandhinagar: The Government of Gujarat has signed 20 more Memoraudnm of Understanding (MoUs) today under the Atmanirbhar Gujarat schemes for Assistance to Industries in the presence of Chief Minister Bhupendra Patel along with the Finance minister and Industry minister.

According to a note released by the State government, these 20 MoUs propose a Rs. 11,820 crore investment in the State that involve the creation of employment for 16,100 persons.

The MoUs are signed with the companies for their projects in Lithium Iron battery materials, advanced pharma intermediate, dense soda ash, food processing, specialty chemicals, API, craft and duplex paper-board, personal care specialty products, etc domains.

The proposed units shall come up at Dahej, Saykha, Jhaghadia, Sachin, Sarigam, Ankleshwar, Dwarka, Dholka, and Sadra-Kadi and they will be functional by the year 2025.

The government in its note further stated that countries such as Germany, the USA, the UK, Kuwait, Malaysia, etc have also signed MoUs to set up industries in Gujarat under the Atmanirbhar Gujarat Schemes for Assistance to Industries.

The State government is signing MoUs under this scheme every Monday, and so far 56 MoUs are signed for the proposed investment of Rs. 79,375 crores that may result in new employment generation for 54,730 persons. DeshGujarat