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HomeBusinessVibrant Summit 2022, Completed MOU with an investment of Rs 14,000 crore

Vibrant Summit 2022, Completed MOU with an investment of Rs 14,000 crore

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India News, Abhijit Bhatt
Gandhinagar
The 10th Vibrant Gujarat Global Investment Summit, which could not be held in 2021 during Corona period, will now be held between 10th and 12th January, 2022. Preparations for the summit have begun in earnest. Chief Minister Bhupendra Patel held discussions with industrialists in Delhi on November 25 on capital investment. An MOU was signed between Industry Secretary Rajiv Gupta and industrialists in the presence of the Chief Minister in Gandhinagar from 11.30 am today. Today, in just 14 minutes, MOUs worth Rs 14,000 crore were signed. In which 28 thousand 500 people were assured of employment.

The MOU was inaugurated by Industry Secretary Rajiv Gupta in the presence of the Chief Minister at Gandhinagar this morning at 11.30 am. In which not one or two but five MOUs were signed with only one company Aarti Industries. Today, in just 14 minutes, MOUs worth Rs 14,000 crore were signed. The Chief Minister’s speech lasted for 4 minutes and the entire program was completed in just 18 minutes. A total of 38 thousand MOUs have been signed in the last two Mondays, showing readiness to provide employment to more than 65 thousand people.

Maruti Suzuki India’s MD Kinchi Ayukawa also briefed the Chief Minister about the Center of Excellence in Gandhinagar and the current Rs 16,000 crore investment by Maruti in the state. The Chief Minister assured him of the full cooperation of the State Government. He also requested that their projects be useful for local employment. The Chief Minister also invited Maruti Suzuki India’s MD Kinchi Ayukawa to visit the Statue of Unity. In a meeting with Vineet Mittal, Chairman, Avada Energy Pvt. Ltd., he was keen to include Gujarat in his next five-year investment plan of Rs 20,000 crore in the unconventional energy sector.

In a meeting between Chief Minister Bhupendra Patel and JCB CEO Deepak Shetty in Delhi, Deepak Shetty had planned to start a plant at Halol in Gujarat with an investment of Rs 650 crore, which would provide employment to 1,100 people by next April 2022. The Chief Minister also invited him to attend the upcoming Vibrant Summit. Urban Company CEO Abhiraj Singh Bhale said that Urban Company is the largest on-the-service platform in Asia. His company provides services in 50 cities of the country and in Ahmedabad, Vadodara, Surat, Rajkot and Gandhinagar of Gujarat.

He told Bhupendra Patel that in a meeting with the Chief Minister, the managers of Ayo Hotels and Homes in Delhi were involved with 750 hotels in Gujarat and provided direct as well as indirect employment to seven and a half thousand people. He is also striving to provide more employment opportunities in Gujarat through his group’s participation in Home Stay at Statue of Unity and other places. Mayank Singhal, MD and Vice-Chairman, PI Industry, told the meeting that PI is a fast growing agro-science company and has its state-of-the-art manufacturing units at Panoli Jambusar in Gujarat. At this meeting he also expressed readiness to join and invest in the upcoming Vibrant.

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