Ahmedabad: The Gujarat government is set to introduce a new industrial classification titled “Ultra Mega Industries” in its upcoming industrial policy, which is expected to be announced within the next two weeks. The move aims to attract large-scale investments and strengthen employment generation in key high-growth sectors.
According to a draft policy report cited by media sources, the new category will define ultra mega industrial units as projects in thrust sectors with a minimum investment of ₹10,000 crore and employment generation for at least 3,000 people.
Higher Investment and Employment Norms Introduced
Under the proposed framework, companies will need to meet strict expansion norms. For every additional ₹5,000 crore investment, firms will be required to generate at least 500 additional jobs.
This marks a significant policy shift from the existing classification, where projects above ₹10,000 crore are currently treated as “mega industries” under the Atmanirbhar Gujarat scheme. The new category aims to formally distinguish even larger industrial projects with enhanced policy support.
Expansion of Thrust Sectors from 9 to 16
The draft policy also proposes a major expansion in Gujarat’s “thrust sectors,” increasing their number from nine to sixteen. The newly added sectors are expected to include:
- Semiconductor ancillary units
- Nuclear power equipment manufacturing
- Drone manufacturing
- Robotics manufacturing
- Vehicle scrapping facilities
- E-waste recycling units
- Textile waste recycling industries
- Shipping container manufacturing
- Heavy earth-moving equipment manufacturing
These additions are aimed at aligning the state’s industrial ecosystem with emerging global technology and sustainability trends.
Existing Priority Sectors Continue to Remain Key Focus
The existing thrust sectors will continue to play a major role in Gujarat’s industrial strategy. These include:
- Green energy ecosystem
- Mobility sector
- Capital equipment manufacturing (electrical, industrial, telecom machinery)
- Critical mineral processing
- Textiles and apparel
- Sustainability industries
- Agro and food processing
- Chemicals
- Healthcare sector
Officials said the policy is designed to create a balanced mix of traditional and future-ready industries.
Up to 40% Capital Investment Incentives Proposed
Industries qualifying under the new “ultra mega” category are expected to receive significant financial incentives. According to sources, eligible companies may get up to 40% incentives on capital investment.
Firms will also be able to choose from multiple incentive options, including:
- Capital subsidy
- Interest subsidy
- Power tariff benefits
This flexible incentive structure is intended to improve investment attractiveness and ease of doing business in Gujarat.
Policy Aimed at Boosting Large-Scale Industrial Growth
A senior government source said the new category has been introduced to clearly define ultra-large industrial projects and provide tailored incentives based on scale and employment generation.
Industry experts believe the move could position Gujarat as a leading destination for high-value manufacturing and advanced technology investments in India.
The upcoming industrial policy of Gujarat reflects a strong push toward attracting mega-scale investments, promoting advanced manufacturing, and creating large-scale employment opportunities. The introduction of the “ultra mega” category and expansion of thrust sectors is expected to significantly reshape the state’s industrial landscape.
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