Huge Investment: Vibrant Gujarat has received special support from companies this time too. In this conference which lasted for three days, Indian and foreign companies made many announcements of huge investments in Gujarat. Many small and big companies including Adani Group, Tata Group, Reliance Industries and DP World signed 41299 MoUs for investment proposals. Through these projects, companies have shown interest in investing approximately Rs 26.33 lakh crore in Gujarat.
In the 10th edition of the Vibrant Summit held in 2024, MoUs for 41,299 projects worth INR 26.33 lakh crores have been signed. (3/4)
— Vibrant Gujarat (@VibrantGujarat) January 12, 2024
Many big deals made in green energy sector
According to official information, many big deals were made in the green energy sector in the 10th edition of Vibrant Gujarat. In the year 2022, companies had signed MOUs for 57,241 projects worth Rs 18.87 lakh crore in Gujarat. The conference to be held in 2021 was canceled due to the evil shadow of Covid-19. In this way, in the last two editions, a total of 98540 projects’ MOUs were signed and investment worth approximately Rs 45 lakh crore has come to Gujarat.
3500 foreign delegates participated in the conference
Vibrant Gujarat’s official X handle posted that a large number of investments have come in sectors like semiconductors, e-mobility, green hydrogen and renewable energy. This Prime Minister Narendra Modi’s 100th year of independence is a big step towards realizing the dream of a developed India (Viksit Bharat @ 2047). In these three days, 3500 foreign delegates participated in the conference. There were 34 partner countries and 16 partner organizations in this program. This conference was also used to showcase the investment potential in the North East states.
Famous industrialists from India and abroad also participated in the program
Lakshya Mittal, Toshihiro Suzuki, Mukesh Ambani, Sanjay Mehrotra, Gautam Adani, Jeffrey Chun, N Chandrasekaran, Sultan Ahmed bin Sulayem, Shankar Trivedi and Nikhil Kamat etc. participated. PM Modi had inaugurated the program on Wednesday. He had expressed hope that in the coming few years India would become the third largest economy in the world. Home Minister Amit Shah also participated in this program.
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