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Vibrant Gujarat reaps crores of investment

13
Jan '07
Investment in Vibrant Gujarat soared to new heights after Reliance group, chaired by Mukesh Ambani, announced investment of Rs67, 550 crore in Gujarat.

This was followed by announcements from Tata group's Ratan Tata, ICICI Bank's KV Kamath, Essar group's Shashi Ruia, A V Birla group's Kumar Mangalam Birla, Adani group's Gautam Adani and Torrent group's Sudhir Mehta.

On day one, state bagged 104 MoUs with a total investment of Rs2, 51,967 crore.

Out of total investment, investment of Rs1, 42,685 crore was for SEZ by signing 26 MoUs for the same.

Birla group would invest about Rs2100 crore in various manufacturing facilities for cement and textiles in the state.


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