In a significant boost to India's manufacturing ambitions, Jyoti CNC Automation Ltd has unveiled plans for a massive capital infusion, aligning with the government's vision for self-reliance and regional development. The announcement came during the inaugural Vibrant Gujarat Regional Conference held in Rajkot, a key event for the Saurashtra region.
Vision of Regional Growth Praised
Parakramasinh Jadeja, the Chairman and Managing Director of Jyoti CNC Automation, addressed the conference on Sunday. He highlighted that the Vibrant Gujarat initiative is a reflection of Prime Minister Narendra Modi's long-term vision for inclusive, region-led growth. Jadeja stated that the first-ever Vibrant Gujarat Regional Conference (VGRC) being held in Rajkot marks a crucial milestone, specifically for the development of the Saurashtra region, bringing focused attention and opportunities to the area.
A Rs 10,000 Crore Commitment to Nation-Building
Outlining the company's ambitious roadmap, Jadeja announced that Jyoti CNC will invest over Rs 10,000 crore in the next five years. This substantial investment will be channeled into expanding manufacturing capabilities and bolstering research and development (R&D) activities. The move is strategically designed to strengthen India's overall industrial ecosystem and supply chain resilience.
For Jyoti CNC, manufacturing is not just a business but a responsibility towards nation-building, Jadeja emphasized. He reaffirmed the company's steadfast commitment to the central government's flagship missions: Atmanirbhar Bharat (Self-Reliant India) and Viksit Bharat 2047 (Developed India 2047).
Strategic Focus on Key Sectors
The planned investment and expansion will have a sharp focus on high-priority and technologically advanced sectors. These are critical for India's strategic and economic security. The key areas of focus include:
- Aerospace
- Defence
- Electronics
- Semiconductor manufacturing
By concentrating on these sectors, Jyoti CNC aims to contribute directly to reducing import dependence and enhancing India's position as a global manufacturing hub. The company's pledge underscores the growing confidence of Indian industry in the nation's policy direction and its readiness to make large-scale, long-term investments for collective progress.
