Maruti zooms into Gujarat. Inks Agreement to invest Rs. 4,000 crore

Published By : Admin | June 2, 2012 | 18:26 IST

 

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MD of Maruti speaking during the signing of MoU with Gujarat Government to invest in Gujarat

Gandhinagar, 2nd June, 2012: Today, the Automobile national leader Maruti Suzuki India Limited (MSIL) signed a State Support Agreement (SSA) with the Govt of Gujarat for setting up their first Auto Vehicle manufacturing facility in Gujarat adding a new feather in the automobile industrial growth in Gujarat, in the presence Hon. Chief Minister Shri Narendra Modi.

MSIL will set up two units in two phases in the backward Taluka of Mandal-Becharaji Amadavad dristric in Gujarat. The 1st unit (1st phase) will be near the historical town of Becharaji and 2nd unit (2nd phase) will come up at a location of around 25 Kms from Becharaji.

Gujarat Chief Minister, while Welcoming Maruti Suzuki to Gujarat Said that Gujarat has emerged as a prominent Global hub in Automobile Sector. The Journey started with TATA Neno, Ford, Peugeout, and now Maruti has entered in Gujarat which will strenghten the brand Gujarat as a Globly preferred business location. Maruti’s Auto plant will serve for other Golbal market also.

Manufacturing and engineering sector in Gujarat contributes over 27% to state GSDP and contributes overall 9 % to the national engineering out put, Shri Narendra Modi Said and added that there were more than 30 engineering clusters and there are more clusters are emerging like. Sanand- Viramgam, Mandal-Becharaji, Halol-savli, Anjar, santhalpur will make Gujarat a Global Hab in engineering sector as a whole.

Gujarat has focused on skill development of youth man power the capacity has gone up with 54 engineering, 106 Diploma Colleges over 82000 seats & 253 ITI Gujarat has formed prestigious PPP model of skill formation training with industries. Shri Narendra Modi Said that with in a year Gujarat is succeeded to emerge as an attractive Auto hub for world known auto Manufacchuring companies.

Shri SHINZO NAKANISHI, M.D. (MSIL) thanked the whole hearted support of Government Of Gujarat and said that Gujarat and India are rapidly emerged as best markets for Automobile. He said that the two combined plants of Gujarat & Hariyana will manufacture two million vehicles in a year. He also praisd the very high Qaulity of skill manpower & port facilities in Gujarat.

The 1st phase of the plant is expected to be commissioned with a total anticipated investment of about Rs. 4000 crore. The 1st phase in its full capacity will roll out 7,50,000 vehicles per year.

There will be more than 2000 direct employment in each phase and more than 10000 indirect employment in each phase. With MSIL’s entry, the surrounding area will develop as a Manufacturing Zone. The export capability of Gujarat will also be enhanced.

MSIL and Govt of Gujarat will work together to set up a State of the Art Automobile Research Institute to take the automobile industry in Gujarat to a much higher level.

With the industry of Maruti in Mandal region, there will be holistic development of the industry manifold with automotive and engineering industry in the backward area.

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PM Modi to inaugurate ICA Global Cooperative Conference 2024 on 25th November
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Theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi”

Prime Minister Shri Narendra Modi will inaugurate ICA Global Cooperative Conference 2024 and launch the UN International Year of Cooperatives 2025 on 25th November at around 3 PM at Bharat Mandapam, New Delhi.

ICA Global Cooperative Conference and ICA General Assembly is being organised in India for the first time in the 130 year long history of International Cooperative Alliance (ICA), the premier body for the Global Cooperative movement. The Global Conference, hosted by Indian Farmers Fertiliser Cooperative Limited (IFFCO), in collaboration with ICA and Government of India, and Indian Cooperatives AMUL and KRIBHCO will be held from 25th to 30th November.

The theme of the conference, "Cooperatives Build Prosperity for All," aligns with the Indian Government’s vision of “Sahkar Se Samriddhi” (Prosperity through Cooperation). The event will feature discussions, panel sessions, and workshops, addressing the challenges and opportunities faced by cooperatives worldwide in achieving the United Nations Sustainable Development Goals (SDGs), particularly in areas such as poverty alleviation, gender equality, and sustainable economic growth.

Prime Minister will launch the UN International Year of Cooperatives 2025, which will focus on the theme, “Cooperatives Build a Better World,” underscoring the transformative role cooperatives play in promoting social inclusion, economic empowerment, and sustainable development. The UN SDGs recognize cooperatives as crucial drivers of sustainable development, particularly in reducing inequality, promoting decent work, and alleviating poverty. The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world’s most pressing challenges.

Prime Minister will also launch a commemorative postal stamp, symbolising India’s commitment to the cooperative movement. The stamp showcases a lotus, symbolising peace, strength, resilience, and growth, reflecting the cooperative values of sustainability and community development. The five petals of the lotus represent the five elements of nature (Panchatatva), highlighting cooperatives' commitment to environmental, social, and economic sustainability. The design also incorporates sectors like agriculture, dairy, fisheries, consumer cooperatives, and housing, with a drone symbolising the role of modern technology in agriculture.

Hon’ble Prime Minister of Bhutan His Excellency Dasho Tshering Tobgay and Hon’ble Deputy Prime Minister of Fiji His Excellency Manoa Kamikamica and around 3,000 delegates from over 100 countries will also be present.