The Dholera Special Investment Region (SIR) in Gujarat is drawing annual investments of Rs20-30 billion in real estate, with significant interest from investors in northern India, particularly from Punjab, Haryana, Delhi, Gurugram, and Noida, according to the Aaiji Group, an Ahmedabad-based developer.
Tata Electronics has partnered with Synopsys for its $10.9 billion semiconductor fabrication plant in Dholera.
Jointly developed by the central and Gujarat governments, Dholera SIR is located about 100 km from Ahmedabad and is managed by Dholera Industrial City Development Ltd (DICDL), a special purpose vehicle. DICDL is owned 51% by the Gujarat government and 49% by the central government.
Nearly 95% of the first-phase infrastructure has been completed, positioning the
Dholera Smart City as an attractive investment destination.
