Gujarat Industrial Development Corporation

From Wikipedia, the free encyclopedia

Gujarat Industrial Development Corporation (GIDC)[1] was established under the Gujarat Industrial Development Act of 1962, with a goal of accelerating industrialization in the state of Gujarat, India.

Formed1 August 1962
Preceding agency
  • Board of Industrial Development (BID)
HeadquartersGandhinagar, Gujarat, India
Gujarat Industrial Development Corporation
ગુજરાત ઔદ્યોગિક વિકાસ નિગમ
Agency overview
Formed1 August 1962
Preceding agency
  • Board of Industrial Development (BID)
JurisdictionGovernment of Gujarat
HeadquartersGandhinagar, Gujarat, India
Ministers responsible
Agency executives
  • Dr. Rahul Gupta, IAS, Hon. Vice Chairman & Managing Director
  • Jai Prakash Shivahare, IAS, Managing Director, Gujarat Urja Vikas Nigam Ltd
  • Ms. Manisha Chandra, IAS, Secretary (Expenditure), Finance Department
  • Shri S.B.Vasava, Secretary(Road & Building Department)
Websitehttps://gidc.gujarat.gov.in
Map
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Footnotes
[2][3]

Main role of the GIDC is to identify locations suitable for industrial development and create industrial estates with infrastructure such as roads, drainage, electricity, water supply, street lights, and ready-to-occupy factory sheds. The infrastructure of certain estates has been built for specific industries; there is an electronics estate at Gandhinagar, ceramics and manufacturing estates in Bhavnagar, chemical estates at Vapi, Ankleshwar, Panoli, Nandesari, Naroda.

Some GIDC estates also have low-cost housing for workers and executives of tenant businesses, and many of the larger estates include amenities and commercial facilities such as banks, shopping complexes, schools, dispensaries, telecommunications centers, police stations, and community halls.

As of February 2008, there are 257 such estates throughout Gujarat, and economies of scale allow the GIDC to offer these plots for substantially less than the cost of creating a similar standalone factory. GIDC has acquired maximum land for the development of Industries in the State of Gujarat, under their possession after Indian Railways.

Famous industrialists like Dhirubhai Ambani of Reliance and Karsanbhai Patel of (Nirma) have their industrial units in GIDC.

Corporation has established 182 industrial estates, ranging from mini to mega sizes, in 25 of the 25 districts of the state. It has also developed 7 Special Economic Zones.

Major SIRs and SEZs

Special Investment Regions

GIDC is now establishing Special Investment Regions, PCPIR, Industrial areas and large /sector-specific estates in tune with the changing economic and industrial scenario.

Notified Areas

References

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