CII has contemplated a task group in the state of Gujarat for the Service and IT industry and will work on ways to achieve higher growth rate in these sectors.
It’s not that every state can have excellent growth in each and every sector of the economy. Every state has their own strengths.
If you look at the agriculture sector in Gujarat, it has achieved around 10 per cent rate of growth for past ten years. This is fabulous. But to increase the growth rate of state gross domestic product (SGDP), Gujarat could also look at the IT sector.
CII has also discussed the Goods and Services Tax (GST) issue with Modi and It has been a top priority of CII to play an active role in creating the right atmosphere for the implementation of GST.
The drivers for growth would be reforms and governance, inclusive growth and affirmative action, innovation, entrepreneurship and growth of MSMEs and transformation of sectors.
S Gopalakrishnan, President, CII and Co-Founder and Executive Co-Chairman, Infosys, who was in the state for an interactive meet of CII members, also had a meeting with Chief Minister Narendra Modi.
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