Vibrant Gujarat: India Inc vows Rs 21L cr
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Gujarat Chief Minister Narendra Modi today said the state has been able to attract investments to the tune of Rs 20.83 lakh crore during the two-day long Vibrant Gujarat Summit 2011.
Speaking at the final session of the summit, Modi said as many as 7,936 MoUs were signed by the state government with several industrial houses to invest in the state.
On the first day of the summit, the state government had said it got investment commitments totalling nearly Rs 15 lakh crore with 2,766 MoUs signed with business houses and companies.
Leading among those which announced mega investments in the state were Anil Ambani-led Reliance Group and Ahmedabad-based Adani Group.
While Adani Group said it would invest Rs 80,000 crore in port, power generation and infrastructure, Anil Ambani-led Reliance Group said it would pump in Rs 50,000 crore in the state in the state in the next 5-7 years on various projects in power and cement.
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