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

16 Aug 2023 CW Team

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.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..