Trying to Make Gujarat Global Green Hydrogen Hub, Mega Chip Unit Coming Up in Dholera: PM Modi
He also informed that Vedanta-Foxconn's mega semiconductor plant, announced in September, is coming up in the Dholera Special Investment Region in Ahmedabad district with an investment of Rs 1.5 lakh crore.
“I want to make Gujarat the biggest hub of green hydrogen (in the world). A new eco-system for that sector will come up on Gujarat’s coastline, be it in Kutch or Bhavnagar or in Junagadh. Green hydrogen is the fuel of the future. Cars will run on that fuel in the future. The entire world will experience a total transformation," said Modi.
Thrust on the green hydrogen segment will also create large-scale jobs, he stated.
“Both the state government and the Centre have taken initiatives to attract investment in Gujarat and on its coastline for that sector from across the world. We are expecting an investment of Rs 8 to 10 lakh crore for that sector. It will create lakhs of new employment opportunities," he said.
He informed the gathering that a mega semiconductor manufacturing facility of Vedanta and Foxconn is coming up in the Dholera Special Investment Region.
In September, a joint venture of Indian conglomerate Vedanta and Taiwanese electronics giant Foxconn had signed a memorandum of understanding with the Gujarat government to set up a semiconductor and display manufacturing unit in the state with an investment of Rs 1,54,000 crore.