The New Policy was released on August 30, 2020. 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 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. The government had extended the policy up to the release of a new policy or December 31, 2020, whichever is earlier. Accept the updated privacy & cookie policy. 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 government had extended it up to the release of a new policy or December 31, 2020, whichever is earlier. Develop Gujarat as a global manufacturing global hub. It was further extended up to December 31, 2020 or the date of release of the new policy, whichever is earlier. The support of a proactive government is paramount. Gandhinagar: The Government of Gujarat today announced new industrial policy 2020. Gujarat New Industrial Policy 2015. 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.The term of the industrial policy 2015-2020 ended in December-January, but was extended by six months until June this year. Gujarat stands first in terms of number of Industrial Entrepreneurship Memorandum (IEM). The average annual outlay for the new Gujarat Industrial Policy 2020 would be up to ₹80 billion (~$1.07 billion). In the policy, the state has announced some major incentives for MSMEs looking to solar.. Having one of the most favourable solar policies in the country, Gujarat has already been ahead of most states when it comes to its installed solar capacity. Corporate Office. Success of previous Industrial Policy. The state government of Gujarat has come up with a new industrial policy after the earlier framework came to an end on December 31, 2019. Accumulate US$ 15 billion from IT sector in Gujarat by 2020. Gujarat Industrial Policy 2020. Highlights of the Industrial Policy 2020: Propelling Gujarat’s Industries for an Atmanirbhar Gujarat. 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. The earlier industrial policy of the state was published in 2015 that came to an end in December 2019. Assocham. Gujarat state government has announced a new industrial policy. Gujarat Chief Minister Vijay Rupani speaks on "Gujarat: The growth engine and its contribution towards achieving five billion economy for new India" at Special State Session at a webinar at Assocham Foundation Week 2020 IT Policy, 2014- 19. New Industrial Policy – 2015 Schemes For Textiles Sectors 10.01.2019 Gujarat Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Ordinance, 2019 Dear user, ET HospitalityWorld privacy and cookie policy has been updated to align with the new data regulations in European Union. 2019 and the government had extended it till 2020 government will appoint dedicated “ relationship ”. “ Relocation Incentives ” to December 31, 2019 Gujarat stands first in terms of of. The Gujarat Industrial policy 2015 came to an end in 2019 and the had. 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