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Godrej Industries Limited (Chemicals) has signed a Memorandum of Understanding (MoU) with the government of Gujarat.
The company is planning to invest Rs 600 crore over the next four-years on the significant expansion in Valia with employment of around 250.
The signing, held in the presence of Chief Minister Bhupendra Patel, solidifies their commitment to Gujarat’s industrial growth and skilled workforce.
Vishal Sharma, CEO of Godrej Industries (Chemicals) said, “This strategic collaboration underscores our commitment to growth, innovation, and contributing to the economic development of the region. Gujarat has always been a beacon of progress and a business-friendly destination, and we are confident that our investment will not only enhance our operational capabilities but also create significant employment opportunities and foster economic prosperity.”
Rakesh Swami, Group President, Corporate Affairs, Godrej Industries Limited and Associate Companies said, “Godrej Industries Limited is one of the early investors in Gujarat and we are very excited to be part of the remarkable growth story of the State. We appreciate the conducive industrial policies, single window clearances and highly skilled workforce in the State which makes it ideal for us to make significant additional investments. We are grateful for the support from the Industries department and look forward to the 10th Vibrant Gujarat Summit”.
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