Assembly elections are to be held in Gujarat by the end of the year. On the first day of his visit, Modi will inaugurate Rs 305 crore milk powder plant of Sabarkantha District Cooperative Milk Producers Union.Saber Dairy) near Himmatnagar, said Minister of State and spokesperson Jitu Vaghani,
He said that this plant can produce 120 metric tonnes of milk powder per day. Vaghani said that from the dais, Modi will inaugurate Sabar Dairy’s three lakh liter per day milk processing plant and also inaugurate a cheese plant to be built at a cost of Rs 600 crore. Saber Dairy is part of the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), the owner of the Amul brand.
Sabar Dairy said in a release that the Prime Minister will also interact with 20 women cattle ranchers in and around Sabarkantha. aravalli Districts during the event On July 29, the Prime Minister will visit India’s first International Financial Services Center (IFSC) at the Gujarat International Finance Tec-City (GIFT City) in Gandhinagar.
Vaghani said he would also launch the country’s first international bullion exchange, India International Bullion Exchange (IIBX). A statement from the IFSC authority said that the exchange will promote the financialization of gold in India.
The PM will also lay the foundation stone for the headquarters of the Integrated Regulatory International Financial Services Center Authority. He will also launch NSE IFSC-SGX Connect. Under this system, all orders nifty Derivatives held by members of Singapore Exchange Limited (SGX) will be routed and matched on the NSE-IFSC order matching and trading platform, an official release said.
The Connect platform will deepen liquidity in the derivatives markets in GIFT-IFSC. Chief Minister Bhupendra Patel, Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman Vaghani said that he would participate in various programs during the visit of the Prime Minister.