Gujarat govt announces new IT/ITeS policy to generate 1 lakh employment

Chief Minister of Gujarat Bhupendra Patel has announced new IT/ITeS policy for the next five years

Aim: to provide financial incentives up to Rs 200 crore to the entities willing to incur capital expenditures.

Announcing this, Chief Minister Patel said that it aims to generate employment for about 1 lakh youths in the next five years. It also seeks to increase IT-ITeS exports from the current 3000 crore rupees annually to 25,000 crore rupees over the next five years in the state. Its operative period will start from the day of notification to 31st March 2027.