• An agreement was signed for the Creation of Rail Infrastructure in the State of Gujarat took place on 17 th August, 2016. The event was organized at Sayaji Sabhagruh Vadodara. The agreement was signed by Shri P.K. Taneja, Additional Chief Secretary (Industries and Mines Department) and Shri S.C. Jain Executive Director (Works) Railway Board, in the August presence of Honourable Minister of Railway Shri Suresh Prabhu and Honourable Deputy Chief Minister of Gujarat Shri Nitinbhai Patel .
    This agreement shall ultimately lead to the formation of Joint Venture Company namely Gujarat Rail Infrastructure Development Corporation Limited.(G-RIDE) This was another feather in the cap of GIDB. The agreement was piloted by GIDB for seaking approvals of Government of Gujarat and facilitating consensual agreement from both sides.