Chinese firms to invest up to Rs. 10,000 cr in Gujarat industrial park.

Top business groups from Sichuan Province in China will set up units at a dedicated industrial park near Dahej in Gujarat.

Nearly 100 companies, including some of the Global Fortune 500 companies, are likely to invest Rs. 5,000-10,000 crore at the proposed park .

'We have got the commitment from the industries in Sichuan Province of China about their intent for investment in Gujarat,' said Jagat Shah, Chairman, India-China Economic & Cultural Council - Gujarat.

'The industrial park will be near Dahej and will have around 100 units with the total investment ranging close to Rs. 10,000 crore,' said Shah, adding that the process for land acquisition and other legalities for setting up the park will be taken up soon.

HBL