The Department of Industrial Policy & Promotion (DIPP) was established in the wake of the economic liberalization of India with an intention of regulation administration and promotion of the industrial sector. The Departments’ role and functions have grown steadily ever. Today, the DIPP not only regulates the industrial sector but also a facilitator of technology and investment flows in an ever growing and liberalized Indian economy.
Gujarat Industrial Policy 2009 lays emphasis on infrastructure development. The Industrial Policy seeks to create adequate provisions which aim at upgrading and improving the status of infrastructure in the State. In recent years, Gujarat Industrial Development Corporation (GIDC) has taken up many initiatives for upgrading the infrastructure of industrial estates and some of the measures taken up include categorization of existing estates, facelift of existing infrastructure, leveraging from critical infrastructure scheme and implementation of appropriate cost recovery mechanism. In continuation of previous critical infrastructure scheme, it has been decided to introduce a modified scheme for improvement of infrastructure in non-GIDC estates as well. The Policy also identifies need to develop new industrial estates to promote sector specific economic activity and generate employment. Gujarat State is already having Special Economic Zones (SEZ) in various sectors such as Engineering, Pharmaceuticals, Gems & Jewellery, Handicraft & Artisan, Biotech, Power etc.
Existence of such SEZ and the government policy encourages private players like Sheth Construction Group to take an initiative in this field and contribute to the nation at their best. Combination of technical knowledge, availability of skilled work force and thirst to grow enables us to take the opportunity and come up with a Industrial Park Project.