Successful Ventures | Gujarat Industrial Investment Corporation Limited
Successful Ventures | Gujarat Industrial Investment Corporation Limited

Successful Ventures

Successful VenturesTo date GIIC has promoted 59 projects in the Joint / Associate Sectors by way of equity investment original. Our investment in these projects has around Rs. 377 Crs, which has generated an overall investment of over Rs.17,000 Crs., besides providing direct employment opportunities to nearly 16,000 people. Our partners include famous industrialists / industrial houses, to name a few - Hrishikesh Mafatlal, Adi Godrej, Sanjay Dalmia, Narottam Sakseria, Mahesh Munjal, The Birlas, The Welcome Group, ABB, Apollo Tyres.

Some of past tied up Process Licensors / Technology suppliers include - UDHE, American Tourister, Phillips Petroleum Corpn., Mitsubishi, Lurgi, the First Chemical Corporation, AKZO and Perstorp, among many others.

As a Development Banker GIIC has assisted more than 4,000 industrial projects with gross sanctions of around by way of term loan Rs. 25,221.94 million. This has generated investment of over Rs. 56,277 million and employment - both direct and indirect - for more than 560,000 people.

Gujarat Gas Company Ltd
Gujarat Gas Company Ltd.

The first project to enter distribution of natural gas for industrial and domestic use.

Gujarat Heavy Chemicals Ltd
Gujarat Heavy Chemicals Ltd.

One of the largest joint sector projects in the country.

Gujarat Ambuja Cement Ltd
Gujarat Ambuja Cement Ltd.

One of the largest joint sector projects in the country.

Gujarat Alkalies & Chemicals Ltd
Gujarat Alkalies & Chemicals Ltd.

Largest Caustic-Chlorine plant in the country and the first to take up manufacture of cyanide Salts and Chloromethanes.

Gujarat Cycle Ltd
Gujarat Cycle Ltd.

A project promoted jointly with the largest bicycle manufacturer in the world - Hero Cycles Ltd. and 100% Export Oriented Unit.

Gujarat Windfarms Ltd.

A pioneering project to generate power from wind, a renewable source of energy. The project is now a commercial success.

Gujarat Flurochemicals Ltd
Gujarat Flurochemicals Ltd.

Ended the monopoly then prevalent in the field by introducing technologically superior products.

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