The Gujarat Industrial Development Corporation (GIDC) was established under the Gujarat Industrial Development Act of 1962, with a goal of accelerating industrialization in the state of
Gujarat,
India. One main role of the GIDC is to identify locations suitable for
industrial development and create industrial estates with infrastructure such as roads, drainage, electricity, water supply, street lights, and ready-to-occupy factory sheds. The infrastructure of certain estates has been built for specific industries; there is an electronics estate at
Gandhinagar, ceramics estates near
Bhavnagar, chemical estates at
Vapi,
Ankleshwar, Panoli,
Nandesari,
Naroda, et al., and engineering estates throughout Gujarat. Some GIDC estates also have low-cost housing for
workers and
executives of tenant businesses, and many of the larger estates include
amenities and commercial facilities such as
banks,
shopping complexes,
schools, dispensaries,
telecommunications centers,
police stations, and
community halls.
As of February 2008, there are 257 such estates throughout Gujarat, and
economies of scale allow the GIDC to offer these plots for substantially less than the cost of creating a similar standalone
factory. GIDC has acquired maximum land for the development of Industries in the State of Guajrat, under their possession after
Indian Railway.
Famous industrialists like Dhirubhai Ambani and Krashan Kaka (
Nirma) have their industrial units in...
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