+
Guj Govt signs Rs 11.13 Bn MoUs ahead of Vibrant Summit-2024
ECONOMY & POLICY

Guj Govt signs Rs 11.13 Bn MoUs ahead of Vibrant Summit-2024

In preparation for the Vibrant Summit-2024, the government of Gujarat has entered into four MoUs, solidifying investments totaling Rs 1,113 crore. The upcoming tenth Vibrant Gujarat Global Summit, slated for January 2024, aims to position Gujarat as a premier investment destination.

Sources indicate that, in its weekly MoU signing initiative carried out in three phases, the Gujarat administration has already secured 14 MoUs worth Rs 3,874 crore.

This move is expected to usher in the establishment of new industries, paving the way for over 9,500 potential job openings in the foreseeable future. This development is poised to catalyze employment across various sectors, encompassing 2,100 positions in textiles, 700 in engineering, 500 in pharmaceuticals, and 3,085 in chemicals.

The MoU signing event witnessed the presence of Chief Secretary Raj Kumar, Chief Principal Secretary to Chief Minister K. Kailashnathan, Industries Commissioner Sandip Sagale, Joint Commissioner Kuldeep Arya, and other senior officials from iNDEXTb.

In preparation for the Vibrant Summit-2024, the government of Gujarat has entered into four MoUs, solidifying investments totaling Rs 1,113 crore. The upcoming tenth Vibrant Gujarat Global Summit, slated for January 2024, aims to position Gujarat as a premier investment destination.Sources indicate that, in its weekly MoU signing initiative carried out in three phases, the Gujarat administration has already secured 14 MoUs worth Rs 3,874 crore.This move is expected to usher in the establishment of new industries, paving the way for over 9,500 potential job openings in the foreseeable future. This development is poised to catalyze employment across various sectors, encompassing 2,100 positions in textiles, 700 in engineering, 500 in pharmaceuticals, and 3,085 in chemicals.The MoU signing event witnessed the presence of Chief Secretary Raj Kumar, Chief Principal Secretary to Chief Minister K. Kailashnathan, Industries Commissioner Sandip Sagale, Joint Commissioner Kuldeep Arya, and other senior officials from iNDEXTb.

Next Story
Products

Sleek Kitchen Solutions

Häfele has launched the Profin range of aluminium profiles for open, modern kitchens. The collection includes Gola Profiles, Stack Modular Shelving, Rail Door Profiles, and Strike Shelving System—all designed for seamless integration and contemporary appeal. Available in five finishes—Silver, Graphite, Gold, Rose Gold, and Dark Bronze—the profiles offer both subtle elegance and striking contrast.Contact: HäfeleWebsite: www.hafeleindia.com/en/ ..

Next Story
Technology

DEV IT Wins Rs 40.4 Mn tech deal with Alivus Lifesciences

Dev Information Technology, a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has secured significant orders worth approximately Rs 40.4 million from Alivus Lifesciences. The wins reflect DEVIT’s growing presence in the enterprise technology space and its ability to deliver value-driven IT solutions.The engagement includes a significant order of Rs 30.60 million for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing So..

Next Story
Infrastructure Energy

CRISIL Rates ACME Raisar Solar's Rs 8.80 Bn Loan 'AA-/Stable'

CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Raisar Solar Energy, wholly owned subsidiary of ACME Solar Holdings. This rating is assigned to 300 MW (AC) capacity located in Fategarh, Rajasthan for its Rs 8.90 billion term loan facility from REC.CRISIL cited robust revenue visibility, strong financial metrics & debt servicing capability, and a secure cash flow mechanism as key strengths underpinning AA-/Stable rating, one of the highest ratings accorded by the rating agencies. The rating reflects ARSEPL's strong operational profile supported by a..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?