Rajkot Updates News During The Sixth Phase of Vibrant Gujarat Summit 135 Mous Were Signed

Rajkot Updates News During The Sixth Phase of Vibrant Gujarat Summit 135 Mous Were Signed

The sixth phase of the Vibrant Gujarat Summit has been a resounding success, with a total of 135 Memorandum of Understandings (MoUs) being signed during the event held in Rajkot. The event, which took place from 11th to 13th January 2019, saw a large number of delegates from across the country and the world coming together to explore business opportunities and partnerships in Gujarat.

The Vibrant Gujarat Summit is a biennial event that was started in 2003 by the then Chief Minister of Gujarat, Narendra Modi. Over the years, the summit has become a platform for business leaders, entrepreneurs, investors, and government officials to come together and discuss opportunities for investment and growth in Gujarat. The event has been instrumental in promoting Gujarat as a hub for business and industry, and has attracted significant investment into the state.

The sixth edition of the Vibrant Gujarat Summit was held in Rajkot, one of the fastest-growing cities in Gujarat. The event was inaugurated by the Chief Minister of Gujarat, Vijay Rupani, who highlighted the state’s commitment to creating a business-friendly environment that promotes innovation, entrepreneurship, and investment. The event saw a wide range of activities, including panel discussions, exhibitions, and business meetings.

During the event, a total of 135 MoUs were signed, with a total investment of over Rs. 7,000 crore. The MoUs cover a wide range of sectors, including renewable energy, agro-processing, textile, chemicals, and healthcare. Some of the major investments announced during the event include a Rs. 1,000 crore project by Reliance Industries to set up a polyester manufacturing unit in Rajkot, and a Rs. 500 crore investment by Grasim Industries in the textile sector.

The event also saw the launch of several initiatives aimed at promoting innovation and entrepreneurship in Gujarat. These initiatives include the launch of a new incubation center in Rajkot, which will provide support to startups in the region, and the launch of a new platform for connecting investors with startups and entrepreneurs.

The success of the sixth phase of the Vibrant Gujarat Summit is a testament to the state’s commitment to promoting business and industry. The event has provided a platform for investors and entrepreneurs to explore opportunities in Gujarat and has helped to attract significant investment into the state. As Gujarat continues to grow and develop, events like the Vibrant Gujarat Summit will play a crucial role in promoting the state as a hub for business and industry.