Chinese SME body acquires 200 acres for industrial park project in Gujarat
More than four years after signing the MoU for a Chinese industrial park in Gujarat, the ambitious project — which is expected to boost Chinese investment in the State — will finally see the light of day, a top government official here said.
About 200 acres at Sachana village, 5 km from Sanand in the Ahmedabad district, has been procured by a private entity named the CASME Industrial Park Development Pvt Ltd, which is developing the Chinese industrial park there.
Land acquired
Rajkumar Beniwal, MD, iNDEXTb of the Gujarat government, said: “CASME (China Association of Small and Medium Enterprises) is developing the Chinese industrial park on their own. They have acquired 200 acres, and only non-polluting industries such as automobile and component makers, and steel and electrical manufacturing companies can function in the park.”