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Home Breaking News

Ahead of Vibrant Gujarat Summit, state govt inks 12 MoUs worth over Rs 14,000 cr

Principal Secretary, Industries department of Gujarat government, Rajiv Gupta signed the agreement with industry representatives.

by Nav Jeevan
4 years ago
in Breaking News, Business, Capital Market, Companies, Gandhinagar, Gujarat
Reading Time: 1 min read
0
0
Ahead of Vibrant Gujarat Summit, state govt inks 12 MoUs worth over Rs 14,000 cr

Bhupendra Patel, Gujarat Chief Minister.-File

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NE BUSINESS BUREAU

GANDHINAGAR, NOV 29

As part of the upcoming Vibrant Gujarat Global Summit 2022, as many as 12 MoUs entailing proposed investment of Rs 14,000 crore in Gujarat were signed at an event here on Monday.

આ પ્રસંગે મુખ્યમંત્રીશ્રીએ જણાવ્યું કે, વાઇબ્રન્ટ ગુજરાત સમિટની ‘આત્મનિર્ભર ગુજરાતથી આત્મનિર્ભર ભારત’ થીમ દ્વારા વડાપ્રધાનશ્રી નરેન્દ્રભાઇ મોદીના ‘આત્મનિર્ભર ભારત’ ના વિઝનને સાકાર કરવા અને દેશમાં દરેક ક્ષેત્રના વિકાસમાં મહત્વપૂર્ણ યોગદાન આપવા ગુજરાત સંપૂર્ણ પ્રતિબદ્ધ છે. pic.twitter.com/cWnr34BrrP

— CMO Gujarat (@CMOGuj) November 29, 2021

It was the second MoU signing event ahead of the VGGS to be held on January 10-12 next year, attracting the total proposed investments of over Rs 38,188 crore so far. The ceremony was attended by Chief Minister Bhupendra Patel.

Mitsu Private Limited came up with a big-ticket investment proposal of Rs 5,000 crore for a mixed industrial cluster in Vapi in south Gujarat for chemicals, pharmaceuticals, API, textiles, engineering, plastic, etc, the state government said.

Shadow of the 182 meter tall Statue of Unity on a rock symbolizes Sadar Patel's rock-solid grit he displayed in face of all challenges that came his way in uniting hundreds of princely states into one India. @souindia pic.twitter.com/9nrlRC7w7j

— Dr Rajiv Kumar Gupta IAS (Retd) (@drrajivguptaias) November 29, 2021

The proposed investment will create 15,000 jobs, the government said.

Gujarat Fluorochemicals Limited has pledged an investment of Rs 2,000 crore for battery chemicals and other products for electric vehicles at Dahej GIDC. Aarti INdustries has similarly pledged an investment of Rs 1,669.8 crore in the chemical sector.

Asian Paints also signed an MoU for its proposed investment of Rs 1,114 crore for a paint factory at Ankleshwar in Bharuch district.

Principal Secretary, Industries department of Gujarat government, Rajiv Gupta signed the agreement with industry representatives.

The state government has decided to organise the MoU signing event on every Monday in the run up to the VGGS which will be inaugurated by Prime Minister Narendra Modi on January 10 at Mahatma Mandir in Gandhinagar.

 

Tags: 12aheadgovtinksmousofoverRs 14000 crstateVibrant Gujarat Summitworth
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