Ahmedabad, India, June 2024 – Krunal Shah has joined DICDL (Dholera Industrial City Development Limited) as the new Chief Financial Officer. With a robust background in finance and extensive experience in financial operations, Krunal is poised to drive DICDL’s financial strategies and contribute to its growth and development.
Krunal Shah brings nearly 16 years of experience to DICDL, having previously served as the Chief Financial Officer at Shree Rama Multi Tech Ltd. since August 2008. In this role, he demonstrated exceptional leadership in steering the company’s financial operations, encompassing business finance transformation, controllership, and internal and external audits. His expertise in the Companies Act, Indian GAAP, and Ind AS has been instrumental in the company’s financial stability and growth.
About DICDL – Dholera Industrial City Development Limited:
Dholera Special Investment Region (DSIR) is a visionary Greenfield Industrial City located approximately 100 km southwest of Ahmedabad. Established under the Special Investment Region Act 2009 by the Government of Gujarat, DSIR aims to foster industrial growth and economic development. The Dholera Special Investment Region Development Authority (DSIRDA) oversees the planning and development of DSIR, managing government land within the region.
To implement this ambitious project, a special purpose vehicle (SPV) named Dholera Industrial City Development Limited (DICDL) was created through a collaboration between the Central Government (DMICDC Trust) and the State Government (DSIRDA) of Gujarat. Encompassing approximately 920 sq km and 22 villages of the Dholera Taluka in Ahmedabad District, Dholera Industrial City is envisioned to surpass the size of Ahmedabad. It aims to establish a self-sustaining ecosystem with industrialization as its economic driver, complemented by utility and logistic infrastructure, as well as social infrastructure including education, healthcare, and other public amenities.
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