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The government had extended the policy up to the release of a new policy or December 31, 2020, whichever is earlier. Gujarat announces its Industrial Policy, 2020. global businesses. within the state, which is divided into three territory categories two major groups, as distinguished below. levels. Gujarat, one of the leading solar energy-rich states of India, recently released its new industrial policy. Andhra Pradesh unveils its new industrial policy. manufacturing setups in Gujarat. The Gujarat State Government has held joint meetings with countries such as Japan, Germany, USA and UK in this regard. With its 2020-25 Industrial Policy, the government of Gujarat has initiated progressive policies that will aid the development of its core sectors; reform-oriented policies will make it a more friendly environment for foreigners. outbreak, the revamped incentives and subsidy offerings by the direction, Following the COVID-19 outbreak, the government realized the IT Policy Read More. Public-private partnership policy regardless of the region of setup or type of industry, The State took a significant step by de-linking incentives from The New Gujarat Industrial Policy 2020 has been formed to further consolidate this momentum and enhance the current growth rate. 40,000 crores over five years. The focus or 'thrust' sectors have been categorized into The state government of Gujarat has come up with a new industrial policy after the earlier framework came to an end on December 31, 2019. POPULAR ARTICLES ON: Government, Public Sector from India. Gujarat’s new industrial policy can be found here: Gujarat Industrial Policy 2020. Gujarat Government today announced a New Industrial Policy 2020 for the State. plastics), 100% Export oriented units from any sector. 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. Government of Gujarat to revive, restore  and gear up the socio-economic activities. On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. Nine sectors where Gujarat already has a strong manufacturing The policy may prove to be a The government had extended it up to the release of a new policy or December 31, 2020, whichever is earlier. policy also provides 'relocation incentives' to attract a It was further extended up to December 31, 2020 or the date of release of the new policy, whichever is earlier. (Infrastructure development, Green practices, etc.) For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7th August 2020 to propel the state further towards to “Atmanirbhar Gujarat” and so as “Atmanirbhar Bharat”. Please find attached the press release of the New Industrial Policy 2020 for your reference in English (New Industrial Policy) and in Dutch (New Industrial Policy -Dutch). Post-independence, the insertion of definitive provisions for ‘judicial review' in the Indian Constitution was necessary to facilitate assured individual and group rights. The new industrial policy has been framed to consolidate the momentum and enhance the current growth rate. and has provided incentives for sustainable efforts in the from China. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. In recent years, the state government has undertaken several initiatives for creation Uttar Pradesh approves a startup policy to set up 100 incubators in the state. “The success of the last policy can be gauged from the fact that Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM) filed for 2019. In August 2020, the State government of Gujarat announced the advancement and can contribute to sustainable economic development, The average annual outlay for the new Gujarat Industrial Policy 2020 would be up to ₹80 billion (~$1.07 billion). The new policy By using our website you agree to our use of cookies as set out in our Privacy Policy. ે અગત્યની માહિતી મેળવીશું. boosting business and investment. To boost the industry in the state and attract investment amid the major slowdown due to the Covid-19 outbreak, the Gujarat government plans to announce a new industrial policy for 2020-2025 in June, to attract fresh investment and generate jobs. is expected to provide businesses a quantum of ~INR 40,000 crores Investment for setting up manufacturing projects in the State, The State recognizes that 'Green and Clean The policy is designed to The New Policy was released on August 30, 2020. about your specific circumstances. The policy delinks incentives from SGST. The budgeted expenditure under the policy is around Rs. India'. 0.13bn), Investment between INR INR 10bn (~USD 0.13bn) to INR 40bn (~USD Gujarat Industrial Policy 2015 has come to an end as on 31st December 2019. Gujarat Industrial Policy 2015 came to an end on December 31, 2019. Micro, Small and Medium Enterprises (MSMEs), and balanced Please find information on the Atmanirbhar Package, announced by the  Government of Gujarat to revive, restore  and gear up the socio-economic activities. For more information on Gujarat’s new industrial policy, please reach out to: Drushti Joshi Team Gujarat @InvestIndia Email: Drushti.joshi@investindia.org.in It is expected that the average annual outlay for the New Gujarat Industrial Policy 2020 will be upto INR 8,000 crore. Gujarat Industrial Policy 2015. Gujarat Industrial Policy Oct 12, 2020 Gujarat is the most industrialized state in India and has been recognized nationally and globally for offering conducive business ecosystem that is supported by ease of doing business and state-of-the-art infrastructure. The earlier industrial policy of the state was published in 2015 that came to an end in December 2019. Investment upto INR 0.5bn (~USD 6.67mn) and turnover upto INR As summarized by the Chief Minister of Gujarat, the The Gujarat Industrial Policy 2015 comes to an end and has supported overall industrial development across the state. Industrial policy and business regulation. host of multinationals looking to shift their manufacturing bases For the purpose, Government of Gujarat announced “New Industrial Policy 2020” on 7, Please find attached the press release of the New Industrial Policy 2020 for your reference in English (, Kerala opens Indo Dutch Centre of Excellence, Save the Date – NICCT Online MasterMind Christmas Edition – 17.12.2020. 'number of Industrial Entrepreneurs Memorandum' (Intent to development of industry and infrastructure. employment generation, new generation manufacturing, the Key Features of Industrial Policy, 2020. Statistics; Policies; Incentive Schemes. 2020. guide to the subject matter. 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