Gujarat's Vijay Rupani govt working on sector-wise plan to spur investment

New Delhi: Gujarat is working on sector-wise plans to spur investment in automobiles, heavy industries, chemicals and petrochemicals, pharmaceuticals and services, among others, as it looks to reopen the economy after figuring among states most severely affected by Covid-19 pandemic.

A high-powered committee led by former revenue secretary Hasmukh Adhia and comprising Gujarat government officials is working to streamline investments in the state, said people aware of the matter. Chief minister Vijay Rupani has held discussions with the panel and also sought view of various industrial chambers, textile associations, diamond associations, and retail and wholesale traders under eight municipal corporations.

The move is part of a series of efforts by the state to attract more investment and reboot the industry. The state government made changes to its labour laws a few days ago, announcing waiver to all new industries from applicability of all key labour laws for a period of 1,200 days.