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It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. Public-private partnership policy In August 2020, the State government of Gujarat announced the New Gujarat Industrial Policy (GIP) 2020. Success of previous Industrial Policy. 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 new policy is likely… 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. Gujarat, one of the leading solar energy-rich states of India, recently released its new industrial policy. 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. Accept the updated privacy & cookie policy. For more information on Gujarat’s new industrial policy, please reach out to: Drushti Joshi. Latest Stories. Highlights of the Industrial Policy 2020: Propelling Gujarat’s Industries for an Atmanirbhar Gujarat. IT Policy, 2014- 19. For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7 th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. The online session was attended by Indian industry leaders and investors, who praised the visionary and dynamic measures introduced in the new Gujarat Industrial Policy 2020. Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar. Gujarat CM interacts with industrialists on New Industrial Policy 2020: Chief Minister of Gujarat Vijay Rupani on Saturday interacted with leading industrialists and corporate investors of India regarding the New Industrial Policy 2020 via video conference in Gandhinagar.. Get all latest entertainment & viral stories on english.lokmat.com The policy will help industries willing to relocate from China through “Relocation Incentives”. Gujarat Industrial Policy 2020 Tamil: Gujarat Industrial Policy 2020 Telugu . The new industrial policy has been framed to consolidate the momentum and enhance the current growth rate. GOVERNMENT VISION-2020 FOR THE STATE. The Gujarat government, on Friday, announced the new Industrial Policy 2020 for the State, with an expected average annual outlay of up to ₹8,000 crore. The policy has concerted efforts for … Assistance for Start-ups/ Innovation under Gujarat Industrial Policy 2020. by subsidysquad October 16, 2020, 11:13 am. In September last year, the Gujarat government relaxed the state’s solar policy to allow micro, small, and medium enterprises to install solar projects that are more than 100% of their sanctioned load or contract demand. The key focus of the policy is towards inclusive and balanced regional development, employment generation, Next generation Industry 4.0 led manufacturing so as to contribute significantly to the vision of “Aatmanirbhar Bharat” as laid out by the Hon’ble Prime Minister of India. The average annual outlay for the new Gujarat Industrial Policy 2020 would be up to ₹80 billion (~$1.07 billion). Accordingly, it replaces the previous industrial policy and is valid for a period of five years from August 7, 2020. The new Gujarat Industrial Policy 2020 will give additional momentum and enhance the current growth rate. Relocation Incentives ” for an Atmanirbhar Gujarat the previous Industrial policy 2020 will appoint dedicated “ relationship ”. 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