Gujarat, the industrial powerhouse in India, has turned the heat on the current flavours of information technology and biotechnology for which it has launched an investment campaign through a three-day event – “Resurgent Gujarat – Business Partnership’ – to be held next month.
As part of its efforts to catch up with the frontier IT technologies, Gujarat had set up a hi-tech park in Gandhinagar with office space of four million sq ft along with a well-appointed software technology park. The Government has also made e-governance a thrust area in IT sector and proposes to increase the quantum from one to three per cent of its budgetary allocations to each of its departments to equip itself with this key IT linkage. The Government was developing the Gujarat State Wide Area Network to e-enable governance, Mr Sureshchandra Mehta, Minister for Industry, said. The State has also proposed to set up a 100-acre Gujarat Technology Park (GTP), which will act as a platform for promoting a biotechnology park. The park with completel infrastructural facility will have manufacturing and development units and advance research units in bio-pharma science, an incubation centre and testing and quality control facilities.
Mr Mehta, who also outlined the State’s new industrial policy offering attractive incentives and relief for rebuilding the State devastated by the earthquake last year, said it had already attracted Rs 4,80,000 crore investments for 105 projects envisaged under a Vision 2010 Plan prepared by the State Government. Bulk of the investments were in the power sector, industrial township and infrastructure such as ports.
Mr Mehta also underscored the State’s core strengths in traditional manufacturing sectors such as textiles, mining and chemicals and petrochemicals.