At the sixth edition of 'Vibrant Gujarat, Essar Group said it would invest an additional Rs 14,000 crore in the port sector and water supply projects in the state. The group is said to have already invested Rs 88,000 crore in the state. Of the proposed fresh outlay, the group plans to invest Rs 10,000 crore on developing ports in Hazir
Tag: Gujarat
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Odisha govt plans global investors meet
The Odisha government, on the lines of Gujarat, is mulling to organise Global Investors meet on a grand scale. Gujarat had hosted a two-day ‘Vibrant Gujarat’ meet recently.
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IOC takes steps to weed out illegal customers
Indian Oil Corporation (IOC) is taking some stringent measures to weed out illegal customers of liquefied petroleum gas (LPG) or cooking gas in Gujarat. As part of these measures, the state-run oil marketing firm decided to block 4.7 lakh LPG consumer connections in the state for two reasons
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Quality Infrastructure a catalyst to Vibrant Gujarat
Gujarat is known as a land of entrepreneurs where development is given special importance. Its state-of-the-art infrastructure ensures stable growth which also attracts heavy investments for the state, writes Maheshwar Sahu. Infrastructure is the foundation for any industrial and inclusive socio-economic development. No country or a state can make holistic progress or attract foreign and national investments unless it offers quality infrastructure to support the growth.
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Gujarat to remain a hot-spot for oil & gas sector
The vibrant state of Gujarat has been emerging as a major investment destination for the oil and gas sector due to the state governmentÂ’s sound economic policies.
Over the years, various industries such as power, automobiles, healthcare, gems, jewellery and ports have seen sharp acceleration in their businesses, boosting the stateÂ’s growth at a time when the countryÂ’s economic growth run-rate has been showing a downward curve over the past couple of years.
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GIFT City – India's first financial hub
GIFT City is one of the most ambitious projects ever undertaken in the Indian infrastructure space and is being designed as a hub for the global finance services industry, writes Janaki Krishnamoorthi. Gujarat International Finance Tec-City (GIFT City ), a multi-service SEZ (Special Economic Zone) with dedicated center for financial services is under development in Gujarat.
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India's oldest SEZ on progressive path
In the context of several non-IT SEZs performing poorly in recent years, Janaki Krishnamoorthi looks at the performance of Kandla SEZ one of the oldest multi-product SEZ. All is not well with IndiaÂ’s Special Economic Zones (SEZs), particularly in the non-IT/ITEs sector. Many of these SEZs are grappling with a sharp slowdown in growth. Not many new SEZs have come up in recent years.
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EssarÂ’s Vadinar refinery
Essar Oil plans to shore up its finances by processing ultra-heavy crude oil from its Vadinar refinery. Before the refinery expansion, Vadinar used to refine crude oil with an average API (American Petroleum Institute) gravity of 33. After the expansion, it can now refine crude oil with an average API of 28, the official said. Over the last two years, the Gujarat-based refinery has been undergoing expansion. Currently, it has a refining capacity of 20 million tonne per annum.
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EssarÂ’s Vadinar refinery
Essar Oil plans to shore up its finances by processing ultra-heavy crude oil from its Vadinar refinery. Before the refinery expansion, Vadinar used to refine crude oil with an average API (American Petroleum Institute) gravity of 33. After the expansion, it can now refine crude oil with an average API of 28, the official said. Over the last two years, the Gujarat-based refinery has been undergoing expansion. Currently, it has a refining capacity of 20 million tonne per annum.
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Sreedharan asks Gujarat govt to rethink metro rail project
India's Metro Man E Sreedharan suggested Gujarat government to rethink its approach to the Ahmedabad-Gandhinagar metro rail project. Speaking at MS University's 61st annual convocation in Vadodara, Sreedharan said Gujarat has lost the chance to get funding from Japanese government for the project. Sreedharan, who was the former managing director of Delhi