Projects

The Government of Gujarat enacted the SIR act in 2009 with the objective of creating large size Investment Regions and Industrial Areas in the State of Gujarat and develop them as global hubs of economic activity supported by world class Infrastructure. Gujarat is the only state in the country to enact such an Art. GIDC is setting up 11 Special Investment Regions in Gujarat catalyzing unprecedented economic growth in the state.

• it enables the State Government to establish, develop, operate and regulate SIRS
• The Government is empowered to declare an Investment Regions or an Industrial Area
• An SIR has a minimum area of 100 sq. km. (10,000 hectare). An Industrial Area has a minimum area of 50 sq. km. (5,000 hectare)
• A 4 tier administrative mechanism set up for establishment, operations, regulations and management of SIRs / IAs.

SEZ are specially delineate duty free enclaves for the purpose of trade, operations, duty and tariffs. These zones are self-contained and integrated, having their own infrastructure and support services. Apart from providing state-of-the-art infrastructure and access to a large well-trained and skilled work force, the SEZ also provides enterprises and developers with a favourable and attractive framework of incentives.