Vibrant Gujarat!
Vibrant Gujarat Summit 2024 MoUs were inked for investments worth Rs 26.33 lakh crore for 41,299 projects.
The three-day Summit ended on Friday and had 61,000 delegates from 140 countries. A total of 35 countries had also partnered for the Summit, and as many as 1.32 lakh registrations had been made for participation.
The 10th edition of the Vibrant Gujarat global summit promised investments in emerging sectors like semiconductors, e-mobility, green hydrogen, and renewable energy.
With exceptional growth prospects, business moguls like Reliance chairman @Mukesh Ambani, Adani Group chairman Gautam Adani, TATA SONS LIMITED Chairman Natarajan Chandrasekaran, CEO of Micron Technology Sanjay Mehrotra, and others addressed the Vibrant Gujarat summit in Gandhinagar.
During the event, significant announcements were made. Here are some of the exponential results from the Summit-
-UAE's LuLu Group International to build India's biggest shopping mall in Ahmedabad with an investment of 4,000 crore ($481 million)
-Suzuki Motorcycle India Private Ltd. to invest 3,200 crore towards a new production line and 35,000 crore for a new plant.
-Adani Group to invest 2 lakh crore over 5 years.
-Tata Group will open a Giga factory for Lithium-Ion Batteries in Sanand and announced a semiconductor fabrication facility in Dholera.
-Reliance Industries Limited is setting up India's first world-class Carbon Fibre facility at Hazira,
-Essar Group is setting up 1GW green hydrogen project in Jamnagar.
-UAE and India signed four MoUs related to several projects.
-ArcelorMittal will build the world's largest steel manufacturing site at Hazira in 2029.
-Deakin University of Australia opened its campus in GIFT city.
-Singapore announced a 27,000 crore investment into the state.
-Torrent Power to invest 47,000 crore in the energy sector.
-DP World will invest 25,000 crores in the ports and logistics sector.
As Gujarat stands on the cusp of an economic renaissance, we embrace the spirit of 'Sabka Saath, Sabka Vikas,' echoing the words of our visionary leader, Prime Minister Narendra Modi. Together, we are scripting a narrative of growth, innovation, and prosperity for the great land of Gujarat and our Nation.
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