Twitter
Advertisement

Over 2,000 units closed in Gujarat Industrial Development Corporation

The data shows that 196 units were shut in GIDC estates in Ahmedabad district, of which 25 closed down in the last two years

Latest News
article-main
Picture for representational purpose
FacebookTwitterWhatsappLinkedin

More than 2,000 industrial units in various estates of the Gujarat Industrial Development Corporation (GIDC) are closed, information provided in the Assembly by the state government on Tuesday showed.

Information collated from written replies to MLAs by the chief minister showed that 2,069 units were shut in GIDCs in 31 districts as of December 31, 2018.

Incidentally, 380, or almost 20 per cent of these closed units, shut down within the last two years.

Industry players said that the number of shut units would suggest that players in some sectors, especially small and medium sized units, are not doing well.

The data shows that 196 units were shut in GIDC estates in Ahmedabad district, of which 25 closed down in the last two years.

GIDCs in Bharuch were home to 291 closed units, the highest in the state. Of these, 35 units closed down in two years. As many as 260 industries were shut in Surat, of which 101 had downed their shutters since 2016.

Vadodara (200), Valsad (172), Bhavnagar (168), Rajkot (119) and Porbandar (110) were some of the other districts with a high number of closed industrial units.

Surendranagar (96), Panchmahal (75), Kutch (50), Amreli (44) and Anand (38) were also home to closed industries in GIDC estates.

In Jamnagar, 36 units were shut in GIDCs, but 19 of them closed down since 2016. Similarly, 19 out of 50 units in Kutch, and 10 out of 18 units in Banaskantha downed shutters in last two years, the CM said.

CLOSING SHOP

  • 196 units were shut in GIDC estates in Ahmedabad district
     
  • GIDCs in Bharuch were home to 291 closed units, the highest in the state
Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement