Gujarat on a developing spree
The Vibrant Gujarat Global Investors Summit 2011 which was held for a couple of days got over on 14th January at Gandhinagar in which 7936 MoUs were agreed upon with a value of Rs. 20.83 lakh crore ($450 billion). This would lead to a consequential promise of creating 52 lakh jobs within the state in next few years.
Corporates promised investments in all the chief sectors however power, production, urban development as well as infrastructure continued to be the main areas of concentration.
Among the major corporate, Anil Ambani’s Reliance Group and the Ahmedabad-based Adani Group has declared to invest a huge amount over here.
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