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CII lays thrust on value-added growth and corporate security

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Express News Service

Posted: Feb 25, 2009 at 0223 hrs IST

Ahmedabad The Confederation of Indian Industry (CII), Gujarat, laid a significant thrust on value-added growth and corporate security on its annual day on Tuesday.

It said industrial growth in Gujarat, in context of the industrial output, has not been directly proportionate to jobs in the state.

According to the CII note, in 1991, when the industrial output was Rs 30, 000 crore, the net employment figure was 8.3 lakhs. But now, when the industrial output has reached Rs 3 lakh crore, the net employment figure has actually dipped to 8.05 lakhs.

According to the note, the reason for the adverse scenario is the inability of the industries to reorient their business focus from producer of intermediate goods to finished goods.

Dr Naudhad Forbes, the vice-chairman of CII Western Region, emphasised on the renewed focus on English at various levels of education and focus on higher education for Gujarat to move into value-added growth regime.

Academician Indira Hirway said Gujarat was an economic success story, but for it to become a sustainable growth story, it has to lay equal emphasis on the social sector as well.

Maheshwar Sahu, Principal Secretary, Industry and Mines, said the ratio of direct to indirect employment in Gujarat was one of the highest in the country.

He said the state government is committed to provide an enabling environment where focus would be on producing consumer goods along the entire value chain.

He added that tackling terrorism at the macro-level remained one of the top priorities of the state government, but individual corporate entities could also no more remain insulated from the responsibility of taking guard.

Highlighting the significance of developing individual corporate level security measures, Captain Raghu Raman, CEO of Mahindra Special Services Group, said there was a need for a long-term strategy of corporate participation in national security.

He said corporate groups in Gujarat should pay heed to different risk exposures due to the state’s geographical proximity to Pakistan.

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