Gujarat has unveiled the ‘Viksit Gujarat Industrial Policy-2026’ with a target of drawing Rs 10 lakh crore in fresh investments over the next five years. Deputy Chief Minister Harsh Sanghavi emphasized the state’s shift towards partnering with industries rather than just regulating them during the Vibrant Gujarat Regional Conference for Central Gujarat in Vadodara.
Sanghavi highlighted that the new policy focuses on entrepreneurship, inclusive growth, and women’s empowerment, offering additional benefits to women entrepreneurs. The policy includes incentives like rental assistance and skill refresher programs for women returning to work, aiming to support mega projects and generate high-paying jobs.
The state has streamlined administrative processes to reduce hurdles for investors, focusing on prompt clearances and zero red tape. Incentive disbursements have increased significantly, with a rise of 55% in the past two years. Gujarat is committed to policy stability, transparency, and timely execution to attract investments and drive economic growth.
Sanghavi reiterated Gujarat’s commitment to Prime Minister Narendra Modi’s vision of ‘Viksit Bharat by 2047,’ aiming to lead in this national objective. The state government is dedicated to fostering a conducive environment for businesses, seeking feedback from stakeholders to enhance policies and drive progress.
