Gujarat Government announces new Industrial Policy 2020

Gandhinagar: The Government of Gujarat today announced new industrial policy 2020. The new policy has been declared on expiry of outgoing policy on 31st December 2019. The previous policy was extended till announcement of new policy. The new policy is divided in 15 thrust areas that are broadly in two categories 1. core sectors and 2. sunrise sectors.

Core sectors: 1.Electrical machinery & equipment 2.Industrial Machinery & equipment 3. Auto & Auto Components 4. Ceramics 5. Technical Textiles 6. Agro & Food Processing 7.Pharmaceuticals & Medical devices 8. Gems & Jewelry 9.Chemicals (in designated area).

Sunrise Sectors: 1.Industry 4.0 manufacturing 2. Electric Vehicle and its components 3. Waste management projects 4. Green Energy (Solar & Wind Equipment) 5. Eco-friendly compostable material (substitutes to traditional plastics) 6.100% export oriented units, irrespective of sector.

Detailed Gujarati press release and video of Chief Minister’s briefing and media interaction on new industrial policy 2020 are presented below: