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๐Ÿ‡ฎ๐Ÿ‡ณ India /Economy & Trade

Gujarat must be top 3 in service sector: Amit Shah

From Hindustan Times · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Union Home Minister Amit Shah urged Gujarat to become a top-three state in the service sector, aiming to position Ahmedabad as a leading technology hub.
  • Shah spoke at the inauguration of the Million Minds Tech Park, emphasizing its role in expanding technology and high-skill industries in line with Prime Minister Modi's vision.
  • The tech park, costing โ‚น1,100 crore in its first phase, is expected to create over 63,000 high-value jobs in five years and will include commercial, hospitality, and residential facilities.

Union Home Minister Amit Shah has laid out an ambitious vision for Gujarat, calling for the state to ascend into the top three nationally for its service sector. Speaking at the launch of the Million Minds Tech Park in Ahmedabad, Shah articulated a clear directive: Gujarat, having already excelled in manufacturing, engineering, and green energy, must now pivot to become a leader in IT and high-skill services. This push aligns directly with Prime Minister Narendra Modi's broader agenda to foster innovation and technology across India.

After achieving strong growth in manufacturing, engineering and green energy, Gujarat must now enter the top three states in the service sector and position Ahmedabad alongside leading technology hubs of the country.

โ€” Amit ShahSetting the vision for Gujarat's economic future during the inauguration of the Million Minds Tech Park.

The inauguration of the Million Minds Tech Park is a tangible step towards this goal. Shah highlighted that such projects are crucial for elevating Ahmedabad to the same league as established tech hubs like Bengaluru, Hyderabad, Pune, and Gurugram. The sheer scale of the projectโ€”a โ‚น1,100 crore investment in its initial phase, with plans for further expansion totaling โ‚น15,000 croreโ€”underscores the commitment to creating world-class infrastructure and significant employment opportunities. The expectation of generating over 63,000 high-value jobs within five years signals a major economic uplift for the region.

Gujarat has performed exceptionally well across a wide spectrum of sectors: manufacturing, engineering, pharmaceuticals, ports, logistics, green energy, industrial infrastructure, and investment. The time has now come to elevate Gujarat to a position among the top three states in the service sector as well.

โ€” Amit ShahHighlighting Gujarat's past successes and the imperative to excel in the service sector.

From Gujarat's perspective, this initiative represents more than just economic development; it's about solidifying the state's reputation as a powerhouse of industrial growth and entrepreneurship. The emphasis on structured policies, ease of doing business, and a pro-business environment, which have been hallmarks of Gujarat's success since 2002, are now being strategically applied to the burgeoning tech sector. The integrated ecosystem planned for the Million Minds Tech Park, encompassing commercial spaces, hotels, and residential facilities, reflects a holistic approach to urban and economic planning, aiming to create a self-sustaining environment for professionals and businesses alike. This focus on high-skill, services-led growth is seen as the next frontier for India's economic expansion, and Gujarat is positioning itself at the forefront.

If we are to rank alongside Bengaluru, Hyderabad, Pune and Gurugram, then tech parks like this are essential for Ahmedabad to secure that position.

โ€” Amit ShahEmphasizing the need for advanced infrastructure to compete with other major Indian tech cities.
DistantNews Editorial

Originally published by Hindustan Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.