Yet another milestone for the Chief Minister Vijay Rupani leadership
Gujarat received Rs.24,012-cr FDI in H1 2019-20, double of Rs.12,612-cr FDI received in the entire FY 2018-19: DPIIT
Gandhinagar, Tuesday: Gujarat received Rs.24,012-crore Foreign Direct Investment (FDI) in industries during the first half of FY 2019-20, double of Rs.12,612-crore FDI received during the entire previous FY 2018-19, as per the report of Government’s Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry.
The state thus emerged as the best destination in the country having received the maximum Rs.1.41-lakh crore FDI from April 2000 to September 2019.
Similarly, 734 major industrial estates were set up in Gujarat as against 2,574 units in the entire country, as a result of Gujarat under the progressive, transparent, pro-people and industries-friendly policies of Chief Minister Vijay Rupani with ease of doing business owing to the Prime Minister Narendra Modi’s resolve for ‘Make in India’ policies.
The incentives extended to the entrepreneurs include facilitating land and necessary permissions for setting up industrial units, in more liberal terms than extended in other states. The state earned recognition as Manufacturing and Auto Sector Hubs due to the State Government’s holistic policies of no pendency and good governance.