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The support of a proactive government is paramount. The maximum support will be up to Rs 50 lakh. ii.The state government has still not taken a decision about hosting the summit in January 2021. There are over 100s of MSMEs multiproduct activity clusters spread across … i.The new policy provides for appointment of relationship managers by the Industrial Extension Bureau (iNDEXTb) that hosts the biannual Vibrant Gujarat summit. Applications are invited for the post of Forest Ranger Officer, Assistant & Others. The new purchase price stands at Rs 2.25 per unit against Rs 1.75. The state government has translated the Gujarat Industrial Policy 2020 into eight foreign languages, including English, in an attempt to reach out to foreign companies across the globe. – Irrespective of any sector, the thrust on 100% export oriented units will be given. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Financial Services, Healthcare Services, Audio Visual services, Construction related … Manufacturing activity in Gujarat is back to its pre-Covid level and large investments are being made in the industrial sector of the state, the CM said. Vide this update, we wish to apprise key features of the New Gujarat Industrial Policy 2020 which intends to make Gujarat ‘The Business Card of India’.The Policy focuses to promote MSMEs with added focus on certain ‘Thrust Sectors’. The state government for the 1st time will provide the support to upto 65% of the total cost of acquiring foreign patented technologies by Micro, Small and Medium Enterprises(MSMEs). INDIA, MSME-D Branch No. This policy shall be valid for a period of five years from 7 th August, 2020. The new policy has been declared on expiry of outgoing … 2. i.To set up private industrial parks in the state, the private developer will be provided incentives which will be 25% of fixed capital investment up to Rs 30 crore. Why Gujarat is known as a Growth Engine for New India in this Contemporary Period of Time? It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The New Gujarat Industrial Policy 2020 will offer interest subsidy upto 7% upto INR 35 lakhs per annum for a period upto 7 years to these service sector MSMEs in the state including those engaged in Simultaneously, the state is working on a Service sector policy for large enterprises. The Gujarat Industrial Policy 2020 has been formed to further consolidate the growth momentum that the state has achieved over the past few years, and enhance the current growth rate. Karnataka, Tamil Nadu, and Uttar Pradesh unveil a new electronics manufacturing policy. Other details of like Education Qualification Details, Required Age Limit, Mode Of selection, Fee Details and How to Apply are given below… Addressing a webinar organised by the Assocham, Rupani said the state's new industrial policy and the Atmanirbhar Bharat initiative will help give pace to the state economy. The policy is designed to strengthen Gujarat's manufacturing ecosystem as well as provide a thrust to the 'up and coming' sectors of India's dynamic business ecosystem. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The operative period of the scheme shall be from 07/08/2020 to 06/08/2025 The Industrial Policy 2020 envisions Gujarat as a global business destination for next-generation sustainable manufacturing and service industry. Promotion of Micro, Small and Medium Enterprises (MSMEs) MSMEs play a vital role in achieving balanced growth and in creating employment opportunities. Corporate Office. About Gujarat: recruitment notification for various posts in civil & systems Gujarat Metro Rail Corporation (GMRC) Limited, a 50:50 Special Purpose Vehicle (SPV) jointly owned by Government of India and Government of Gujarat is entrusted with the responsibility of implementation of Extension of time limit of various incentive schemes under Industrial Policy, 2015, MSME SAMADHAAN- Delayed Payment Monitoring System, Scheme for Capital Subsidy to Large Industries and Thrust Sector, Dr.Babasaheb Ambedkar udhyog uday yojana for SC/ST Eatrepreneurs for MSME, Scheme for Assistance to Micro, Small and Medium Enterprises (MSME), Scheme for Market Development Assistance to MSMEs, Scheme of Assistance to GIDC for development of Multi Storeyed Sheds for Micro and Small Enterprises (MSEs), Scheme of Assistance to MSEs for Shed developed by Private Developer, Scheme for Assistance for Research and Development Activities, Scheme for Assistance for Start Ups/Innovation, Scheme for Assistance for Environment Protection Measures, Scheme for Assistance for Industrial Infrastructure, Scheme for Financial Assistance to Industrial parks, Scheme for Enhancement of Technical competence and Manpower, Scheme of Assistance for Common Environment Infrastructure. Gujarat Govt launched ‘Atmanirbhar Gujarat Sahay Yojna’ to provide loans to small businessmen. i.Macpower CNC Machines Ltd, a Rajkot (Gujarat) based manufacturer of CNC (Computerized Numerical Control), has made India’s 1st indigenous hot air seam sealing machine used to manufacture personal protective equipment (PPE) kits. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. It will Provide incentives to private industrial parks and also provide ‘relocation incentives’ to the units who look to relocate in wake of Covid-19 pandemic, particularly from China. The subsidies being allocated to the current policy is 3 times as that of the previous policy. Gujarat launches Industrial Policy 2020 August 8, 2020 Gujarat Industrial Policy 2020 has been unveiled by the state that aims to provide an estimated Rs 40000 crores as subsidies to the industries within the next five years. The new Industrial policy is divided in 15 thrust areas in core sectors and sunrise sectors. This is 51% of total IEMs filed in the country. The notification is for recruitment of Gujarat Administrative Officer, Professor & Others. Macpower CNC Machines Ltd, a Rajkot (Gujarat) based manufacturer of CNC (Computerized Numerical Control), has made India’s 1st indigenous hot air seam sealing machine used to manufacture personal protective equipment (PPE) kits. Gujarat. ”, where Large industries will be provided up to 12% of fixed capital investment (FCI) to set up manufacturing operations in the state in form of capital subsidy. The Gujarat Single Window Clearance Act 2017 and the Gujarat MSME Act 2019. 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