Page 4 - Newsletter Jan to Mar 2024, Volume-58

Business Development Meeting

of Shri M Nagaraj, DCP at Ahmedabad

Understanding for an investment in the Gift City,
Gandhinagar through GIFTCL in assisting its effort for
development of green buildings in terms of financing,
consultancy support, financing of other infrastructure
services, lending to Housing/Township projects, CSR
assistance and as such all areas of urban development
including housing, if any, as per its objectives &
guidelines. The identification of suitable office space for
purchase by HUDCO was also explored during the
meeting.

Director Corporate Planning had interaction with the Meeting with Shri Ashwini Kumar, IAS (1997), Principal
officials of ARO during his visit to Ahmedabad on 10th & Secretary, Urban Development & Urban Housing
11th Jan, 2024. He directed everyone to work hard for Department, Govt. of Gujarat
generating business as per the changing scenario to
Director Corporate Planning informed that HUDCO is very
market our financial products so as to achieve the
keen to associate with the Gujarat State and HUDCO as a
assigned targets.
Developmental Financial Institution is ready to offer loans
Director Corporate Planning attended the scheduled at a very competitive rate for long term tenure in line with
inspection of HUDCO Regional Office, Ahmedabad by the project requirements.
Third Sub-Committee of Parliament on Official Language
The Principal Secretary, UD & UHD, GoG invited HUDCO
on 11th January, 2024. The Committee of Parliament
to associate in the various upcoming infrastructure
appreciated the works handled by Ahmedabad RO for
projects of Ahmedabad Municipal Corporation (AMC),
promoting Official Language.
Rajkot Municipal corporation, Vadodara Municipal
Director Corporate Planning inaugurated HUDCO’s Stall Corporation, Surat Municipal Corporation such as Sewage
in the VGGTS 2024 at Gandhinagar and had discussion Treatment Plants, Bridges & Flyover projects of
with officials regarding HUDCO’s contribution towards Ahmedabad Urban Development Authority (AUDA), Ring
the overall development to the Nation. He appreciated Road projects of Vadodara Urban Development Authority
the overall showcasing of HUDCO’s contribution in the (VUDA), Rajkot Urban Development Authority (RUDA)
various Housing & Infrastructure projects, CSR funding, and Surat Urban Development Authority (SUDA). Director
Consultancy work etc. in this Global Trade Show platform. Corporate Planning explained that HUDCO would lend to
specific tailor-made financial products as per the
Execution of MoU with Gujarat International Finance
requirements at very competitive terms & conditions. It
Tec-City (GIFT City)
was instructed to HUDCO Regional Office for following
up the same, after meeting the concerned Corporations /
Urban Development Authorities.

Shri M Nagaraj, Director Corporate Planning, HUDCO and
Shri Tapan Ray, IAS(Retd.), Managing Director & Group
CEO, GIFTCL have executed the Memorandum of

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