Politics · India Bureau
Modi inaugurates ₹35,000 crore manufacturing projects in Gujarat
Prime Minister Narendra Modi laid the foundation stone for a major development initiative in Vadodara, signaling India's expanded push into semiconductor and shipbuilding sectors. The projects are part of broader efforts to strengthen domestic manufacturing capabilities across emerging industries.
LSN India ·
Prime Minister Narendra Modi on Saturday inaugurated the groundbreaking ceremony for development projects worth ₹35,000 crore in Vadodara, highlighting India's growing ambitions in advanced manufacturing sectors.
The initiative encompasses ventures spanning electronics, semiconductors, and shipbuilding industries, reflecting a diversified approach to industrial expansion. Officials said the projects would generate substantial employment opportunities and position the region as a key manufacturing hub in western India.
The Prime Minister emphasized that India is transitioning from traditional sectors toward high-value manufacturing domains. "From chips to ships, India is now building a new manufacturing future," he said, underscoring the government's commitment to developing domestic capacity in critical industries.
The Vadodara projects are aligned with the government's broader industrial policy objectives, including initiatives to reduce import dependence and establish competitive advantages in global manufacturing. State and central authorities have prioritized infrastructure development to support these ventures.
Officials expect the projects to contribute significantly to Gujarat's economic growth and reinforce the state's position as an industrial powerhouse in India's manufacturing landscape.