Chief Minister invites Sistema to set up chip facility

Published By : Admin | October 27, 2009 | 04:57 IST
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Gujarat chief minister Narendra Modi has invited the Russian telecom giant, SIS TEMA, to set up a Sim card and microchip manufacturing unit in Gujarat. The Chief Minister, who is currently in Russia on a three-day visit, invited the company on Monday after a tour of SIS TEMA's manufacturing unit in Moscow.

Quoting reports from Moscow, sources in Gandhinagar said that the chief minister had also observed SIS TEMA's disaster management technology that can be used by the coast guard. The sources added that SIS TEMA had responded positively to Shri Narendra Modi's offer and had promised to send a delegation of company officials to Gujarat.

Earlier in the day, the CM addressed the 4th International Energy Week Conference that is being held in Moscow. In his speech, he highlighted the achievements of Gujarat in the petroleum and energy sector, and said that Gujarat had made considerable progress in creating an "integrated value-chain in the petroleum and energy sector".

Recalling that, in 1964-67, Russia had conducted extensive exploration for oil in the bay of Khambhat, Shri Narendra Modi invited Russian oil and gas companies to invest in Gujarat once again. He told the delegates at the conference that, in 2001, Gujarat had evolved a strategy for exploration and research in hydrocarbons (gas, oil and petroleum)

As a result, the state had become the petro-capital of India within a decade, he said. The sources in Gandhinagar said that Shri Narendra Modi had state at the conference in Moscow that all major petroleum and gas companies had a presence in Gujarat today. He told the assembled delegates that the state had entered into tie-ups for technical collaboration with the world's best gas, Petroleum and energy companies.

To become a major player in the oil and gas sector, Gujarat is now focussing on creating an integrated value-chain in the petroleum sector, the chief minister said. He added that, for this, the state was working to integrate exploration, production, transmission and distribution of petroleum and gas in the state.

 

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