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Sunday, February 18, 2024

‘Kemon Acho’ To ‘Kem Cho’, Gujarat Minister’s Distinctive Funding Pitch In Bengal

'Kemon Acho' To 'Kem Cho', Gujarat Minister's Unique Investment Pitch In Bengal

Mr Sanghavi stated Gujarat is a task mannequin for improvement.


Emphasising the similarities within the type of celebrations in addition to language between West Bengal and his state, Gujarat Minister Harsh Sanghavi made a pitch for funding at a roadshow which was a part of a Vibrant Gujarat occasion in Kolkata. 

“Similar to we are saying kem cho, you say kemon acho (each imply “how are you”) whenever you meet somebody acquainted,” Mr Sanghavi stated, leaving the viewers in splits.

Addressing a gathering of business representatives and buyers, the Gujarat minister, who holds the Residence and Industries portfolios, amongst others, stated, “I’ve visited a number of elements of West Bengal and I’ve seen so many similarities between Gujarat and the state. Gujarat and Bengal can march forward collectively.”

Throughout the interactions, Mr Sanghavi shared insights into the success of the Vibrant Gujarat Summit and emphasised that Gujarat has grow to be a task mannequin for improvement and a most popular funding vacation spot over the previous twenty years.

He additionally highlighted Gujarat’s cumulative FDI of $55 billion between 2002 and 2022, attributing the state’s attractiveness to its policy-driven method, together with initiatives like Gujarat Renewable Coverage 2023, Atmanirbhar Gujarat Scheme 2022, Built-in Logistics and Logistics Park Coverage 2021, Electrical Automobile Coverage 2021, Tourism Coverage, and Textile Coverage.

Mr Sanghavi additionally spoke of Gujarat’s industrial improvement, particularly highlighting particular funding zones reminiscent of Present Metropolis, Dholera, and Mandal-Bechraji, in addition to Petrochemicals Funding Zones, Dream Metropolis, Sanand Manufacturing Hub, Logistics Park, Delhi-Mumbai Industrial Hall, and Mumbai-Ahmedabad Excessive-Pace Rail to emphasize that the state has world-class infrastructure.

Urging funding in Gujarat and inspiring energetic participation within the nation’s developmental journey, he additionally invited the viewers to take part within the upcoming Vibrant Gujarat Summit.

Mr Sanghavi’s pre-scheduled go to comes shut on the heels of Tata Motors’ announcement on Monday that the arbitration proceedings over the lack of its capital funding made within the Singur Tata Nano challenge had gone in its favour and it may now recuperate Rs 765.78 crore plus curiosity from the West Bengal Industrial Growth Company.

Tata Motors had determined to shift the challenge from Singur in West Bengal to Sanand in Gujarat, regardless of the manufacturing facility being in a sophisticated stage of development, after protests over land acquisition. The West Bengal authorities had received the case over the land for the challenge within the Supreme Courtroom, which had termed the land acquisition for the challenge unlawful.

In a veiled dig, Mr Sanghavi stated, “I can’t let you know to take your enterprise to Gujarat as a result of, if I try this, you’ll face issues right here. However take into account organising companies in Gujarat. I can let you know that you’ll recuperate the worth of each penny of funding in Gujarat.”

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