Ahemdabad

Nano will trigger investment drive

 The proposed Nano plant is set to trigger a major investment drive in the auto-ancilliary and engineering sectors, worth Rs 14,963  crore, in the proposed Ahmedabad Metropolitan Region. 

Some of the major strategic advantages for Nano plant are its proximity to Delhi-Mumbai Infrastructure Corridor (DMIC) and plans of connectivity via state highways to major ports like Dholera special investment region. 

Of the total 156 km of the DMIC that will pass through Gujarat, almost 22 km would fall under greater Ahmedabad. Auto ancilliary, engineering and ceramic ware sectors, according to a December 2007 CEPT University report on DMIC, are capable of generating employment for 44,090 people in the state. 

Apart from this, industrial clusters like textile and apparel, gems and jewellery, pharma, biotech and agro-processing units are poised to come up in this region. Residential township projects would also get a boost with these investments.

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