Pegging the average annual outlay of upto Rs 8000 crore, the Gujarat government on Friday announced its New Industrial Policy 2020 that looks to breathe a fresh lease of life into the state's economy.
Making the announcement on Friday, Gujarat Chief Minister Vijay Rupani said that the new policy has been formed to further consolidate the growth momentum that the state has achieved over the past few years as well as enhance the current growth rate.
Apart from attracting fresh investments in the state from industries, the policy looks to create more jobs, boost value-addition, encourage adoption of new technology,