Prime Minister Narendra Modi, on May 27, 2025, laid the foundation stone, inaugurated, and dedicated several development projects worth over Rs. 24,000 crore (US$ 2.82 billion) in Dahod, Gujarat, marking a significant milestone in the region’s journey toward development and self-sufficiency. The event held immense symbolic importance, coinciding with the anniversary of PM Modi’s first oath-taking ceremony on May 26, 2014, a moment that redefined the trajectory of India’s governance and development policies.

While addressing a massive gathering, PM Modi expressed gratitude to the people of Gujarat for their trust and continuous support in his journey from a state leader to the national stage. He emphasized how India has broken free from decades-old developmental constraints, stepping confidently into a new era where 140 crore Indians are united in building a Viksit Bharat (Developed India).

Among the key highlights of the visit was the inauguration of the Dahod Electric Locomotive Factory, where the first electric locomotive was proudly flagged off. These high-capacity engines, designed to produce 9,000 horsepower, are expected to revolutionize the Indian railway sector while also creating significant local employment opportunities. This aligns with the Make in India initiative, showcasing how local manufacturing is scaling up to meet both domestic and international demands.

The Gujarat state, as PM Modi underlined, has become a shining example of industrial transformation. Dahod and surrounding regions have witnessed advancements in semiconductor manufacturing, aircraft production, and railway technology. The Dahod region, which was once counted among the most backward districts of India, is now emerging as an Aspirational District, backed by modern infrastructure, irrigation systems, and manufacturing units.

A cornerstone of the Prime Minister's speech and vision was the emphasis on tribal development. He unveiled that the Central Government has allocated around Rs. 80,000 crore (US$ 9.40 billion) under the Dhartii Aaba Janjati Gram Utkarsh Abhiyan to uplift over 60,000 villages, primarily inhabited by tribal populations. This includes a comprehensive package of electrification, road construction, healthcare, irrigation, and clean drinking water infrastructure. These steps are poised to dramatically improve the quality of life for tribal communities in Gujarat and across the country.

In his speech, PM Modi lauded the export success stories coming from Gujarat, mentioning how metro coaches and railway components manufactured in India are now being exported to countries such as Australia, England, France, and Mexico. This reflects not just the growing international confidence in Indian manufacturing but also how regional growth centers like Dahod are playing pivotal roles in global trade.

The Prime Minister also addressed the national mission to eradicate sickle cell anemia, a disease that has disproportionately impacted tribal communities. He highlighted how focused healthcare initiatives are ensuring that neglected areas and ailments are now being prioritized under national policies.

Security and national defense found a significant mention in the address as well. PM Modi saluted the bravery and commitment of India’s armed forces, especially in light of recent anti-terror operations. He reassured the nation about India’s preparedness and decisive leadership in dealing with internal and external threats.

The development projects inaugurated in Dahod span multiple sectors including infrastructure development, energy production, irrigation, smart city development, modern healthcare facilities, and educational institutions. These projects are not just symbols of capital investment but represent holistic planning, covering the economic, social, and technological aspects of development.

The Dahod Electric Locomotive Factory, now operational, is poised to be a major contributor to India’s rail technology advancement. With high-powered locomotives designed for heavy freight and long-distance travel, the facility will also play a role in India’s commitment to green and efficient transportation systems.

PM Modi elaborated on how Dahod, once overlooked in planning maps, is now being groomed to become one of India’s most developed districts, thanks to sustained investments and policy-driven initiatives. These include transport and logistics networks, industrial parks, and specialized training centers to build a skilled workforce capable of supporting the upcoming manufacturing boom.

From semiconductors and electronics to defense and mobility, Gujarat is being positioned as a multi-sector manufacturing powerhouse. This diversification, as explained by the Prime Minister, ensures resilience and long-term economic stability for the region.

In terms of social upliftment, the focus on inclusive development for tribal communities sets the tone for the central government's commitment to Sabka Saath, Sabka Vikas, Sabka Vishwas, and Sabka Prayas. The schemes being introduced are designed not just for immediate benefits but also with an eye on intergenerational impact, targeting health, education, employment, and entrepreneurship among tribal populations.

In closing, PM Modi emphasized the sense of national unity and self-confidence that marks the current decade of development. With the world watching, India is not only advancing but also leading the way in responsible, inclusive, and sustainable development.

The Dahod event is not just a regional achievement—it’s a microcosm of India’s development blueprint under the current leadership. It represents how strategic policy interventions, community-centric planning, and technology-led execution are combining to transform India from the grassroots to global prominence.

With this monumental investment, Dahod is set to become a national symbol of transformation, reflecting the strength, diversity, and aspirations of New India.

The Upcoming IPOs in this week and coming weeks are 3B Films, N R Vandana Tex Industries, Scoda Tubes,Neptune Petrochemicals, Victory Electric Vehicles International, Wagons Learning.

The Current active IPO are Blue Water Logistics, Astonea Labs, Nikita Papers, Prostarm Info Systems, Aegis Vopak Terminals, Schloss Bangalore.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.