Gujarat plans to set up new Industrial Estates in 13 Districts

GANDHINAGAR: Cabinet Minister and Government spokesperson Minister Shri Rushikesh Patel announced that the Gujarat Industrial Development Corporation (GIDC) has received approval for a preliminary feasibility study to establish new industrialestates.

CM Shri Bhupendra Patel’s initiative aims to promote industrial growth and generate employment opportunities. The GIDC, under the guidance of the CM, has decided to establish GIDCs in 13 districts, including Rajkot, Mehsana, Mahisagar, Bharu-ch, Banaskantha, Patan, Chotaudepur, Girsomnath, Gandhinagar, Kheda, Amreli, Anand, andJunagadh.

The decision follows a comprehensive assessment, including apre-feasibilitystudytodetermineland availability, demand surveys, local factors,andagriculturalproduction.

At the State Cabinet meeting chaired by CM Bhupendra Patel, Minister Rushikesh Patel emphasized thatrapidindustrialdevelopmentiskey to achieving economic growth. Gujarat, through visionary planning by the CM and PM Shri Narendra Modi, has emerged as a leading state in employmentgeneration.

Freight corridor linking Moscow with Mumbai slowly taking shape

NEW DELHI: The long-planned International North–South Transport Corridor (INSTC) is taking shape connectingMumbaitoMoscow.

The INSTC, a project originally launched by Russia, Iran and India in 2002, is a 7,200 km-long multi-mode network of ship, rail, and road to move freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The objective of the corridor is to increase trade connectivitybetween major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas and Astrakhan. Russia claims the project could ultimatelyrivaltheSuezCanalinterms oftradeflows.

Recently Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi signed a deal to finance and build the 162 km Rasht-AstaraIranianrailway,akeylink intheemergingfreightcorridor.

The railway along the Caspian Sea coastwillhelpconnectRussianportson the Baltic Sea with Iranian ports in the IndianOceanandtheGulf.

The two leaders have also discussed building ships in Iran which will be dedicated for the Caspian as part of the corridor, with Putin also saying he would be keen to invest in Iranianports.