The Gujarat government has approved five big investment proposals worth Rs 6,000 crore by four firms in the state. As per reports, these firms will set up manufacturing facilities in Dholera and Halol. One of these will be a technical textile plant at Halol by baby diaper manufacturing brand Avgol.
Another includes a proposal by leading furniture manufacturing company Merino to establish a plant with an investment of Rs 630 crore at Halo. Merino proposes to set up facilities for wood processing for particle board, pressing for particle board, pressing for pre-lam particles board, coating on pre-lam particle board, and cutting edging and drilling of furniture.
Another leading company Trafalgar has announced Rs 250-crore investment to produce state-of-the-art natural fibre-based industrial sacks, a substitute of plastic. The company has also proposed an investment of Rs 325 crore for manufacturing value-added products for the automotive and glass industry.