Gujarat government on Wednesday announced an investor-friendly Aerospace and Defence Policy 2016. The new policy offers incentives and tax sops with regard to land allotment, stamp duty, registration charges and electricity duty among others. View more at #Hindustan360.
To attract defence and aerospace sector players, the state will now provide government land at 50% of jantri rates for setting up units during the five-year tenure of the policy. Land owned by the state and Gujarat Industrial Development Corporation will be given first preference for land allotment.
J N Singh, chief secretary, Gujarat said while announcing the policy, “Those willing to establish their manufacturing units under the policy, will get land at 50% of the existing jantri rate. Earlier, a committee was to be formed for deciding the rate for land allotment. However, the process was time consuming.”
“There will be 100% rebate on stamp duty and registration charges levied on land purchased and electricity duty waiver for a period of five years since the commencement of production,” Singh added. He said that inter-tidal land of Gujarat Maritime Board (GMB) and state government will also be allotted to the units under this policy, which lays special emphasis on cluster-based industries in defence and aerospace sector.
23 Major Projects
The Defence Ministry has listed out 23 major projects from the three armed forces— from UAVs, glide bombs to underwater systems and tank engines — it will earmark for the Indian companies under the Make in India category.
Aerospace and Defence
|2||Arms, Ammunition and Artillery||(631KB)|
|3||Defence Aircraft & Helicopters||(775KB)|
|5||Electronic equipment components for missiles/ radar/ surveillance/ military communication||(839KB)|
|6||Surveillance Equipment-Unmanned Aerial Systems, Precision Strike Technologies / C4I Technologies||(668KB)|
|7||Warships and Submarines||(746KB)|
Innovation and Research
|1||Potash sulphate fertilizer from sea water technology – commercialization||(706KB)|
|2||Uniform for Defence Personnel (Nanotechnology)||(706KB)|
|1||Construction of New Jetty for handling food grains at Rozi (segregation of dirty and non dirty cargo)||(431KB)|
|2||Cruise Tourism in Gujarat||(386KB)|
|3||Free Trade and Warehousing Zone at Jamnagar||(737KB)|
|4||Free Trade and Warehousing Zone at Magdalla||(847KB)|
|5||Handing containerized barges at the anchorage ports in Gujarat||(423KB)|
|6||Mechanized Handling at Navlakhi Port||(396KB)|
|7||Maritime University at Ahmedabad||(1.6MB)|
|8||Mechanization of Magdalla Port||(752KB)|
|9||Mechanization of Okha Port||(664KB)|
|10||Mechanization of Porbandar Port||(624KB)|
|11||Port facilities for supporting Navlakhi SIR||(471KB)|
|12||Maritime Cluster at GIFT City, Gandhinagar||(854KB)|
|13||Ship to Ship Transfer at Anchorage Ports||(456KB)|
|14||Smart Industrial Port City at Mundra||(502KB)|
View more at #Hindustan360.