Gujarat Industrial Development Corporation

Gujarat Industrial Development Corporation (GIDC) was established in 1962 under the auspices of the state government. Its objective was to encourage and facilitate rapid and systematic development of industries, zones, industrial belts, business trade zones in all areas to the state. GIDCs main aim always been to bring about a balanced and systematic development of the state in a phased manner. Over the years, GIDC has played a vital role in acting as a catalyst in the transition of a state with a marked dependence on agriculture and textiles to an acknowledged industry leader in the field of chemicals, fertilizers, pharmaceuticals, engineering, petrochemicals, etc. More importantly, GIDC and its affiliated bodies went about building the infrastructural 'backbone' of the state. Understanding the importance that a fully functional and smoothly eficient infrastructure would play in industrial development in attracting industrials, entrepreneurs and other investors to the state, GIDC went on a speedy execution mode to complete large projects in time.

The ready and all - encompassing industrial infrastructure is there for all to see. More than 170 industrial estates spread all over the state have been devloped and sustained by GIDC over a period of 30 years. These oindustrial estates house more than 1,70,000 large, medium and small scale industries. To complete the spectrum of developmental activites, mega industrial estates are under development at Vidayat, Jhagadia, Savli and Daha. Such estates provide entrepreneurs, industrialists, corporate ventures etc. a solid base to prosper and help stimulate industrialization in backward areas of Gujarat. GIDC itself has channelized an investment of Rs. 223 billion to set up 16,326 industrial units in the state of resulted in industrial production worth Rs. 253 billion and direct employment to over 3 lakh people. A number of indirect employment opportunities have also been created for the large rural population because of the proliferation of industrial estates and prjects in rural and semi-rural areas. GIDC's network is huge and spans all the development zones and demarcated areas and progressive belts of the state.

GIDC's network is huge and spans all the development zones and demarcated areas and progressive belts of the state. Most of the affiliated corporations, branches and networks work in close conjunction to project the overall image and advantages of Gujarat. All these concerted eforts have paid dividends in the liberalized nineties. A surge of investments both by the private sector has brought about aa dramatic change in industrial production and related activities. GIDC realized the need to service the massive influx of entrepreneurs, industrialists, corporate gains etc.