The Gujarat Government is planning to come up with a dedicated policy on aerospace and defence manufacturing in order to attract investment in the emerging sector.
Gujarat Chief Minister Vijay Rupani in his speech at a function revealed that the State Government is aiming to establish Gujarat as the country’s leading hub for indigenous aerospace and defence manufacturing. Besides the State Government wants to develop globally competitive talent in the sector to promote research and development investments to drive globally-recognised innovation in product design, said the Gujarat Chief Minister.
“We want to tap Gujarat industries’ manufacturing capability in defense sector too. Already the State is having advantage of the State-of-the art infrastructure to promote the aerospace and defense manufacturing. Moreover the State would be able to contribute in making the nation self-reliant in defense sector which is extremely important,” he said.
Once Gujarat would rollout the policy it would be able to attract huge investment in the sector, he said, adding that the State Government is envisaging creating 20,000 direct and indirect jobs in Gujarat in the coming five years.
It is worth mentioning that the Gujarat Government has already announced 18 different policies in order to attract investments. Sources in the State industrial department said that, the aerospace and defense manufacturing policy would be rolled out around the upcoming eight edition of Vibrant Gujarat Global Summit to be organised in the second week of January next year.
In sync with the industrial policies, the State Government is aiming high to provide quality manpower to industries by initiating the State’s first Skill Development University near Vadodara in Central Gujarat. The university would generate more employable manpower not only for Gujarat but for entire country, said a senior official with the State industries department.
“We want to give State-of-the-art infrastructure in all the industrial estates managed by Gujarat Industrial Development Corporation (GIDC) in order to encourage SMEs, in different sector including aerospace and defence”, he said.