Vibrant Gujarat Summit 2024: Major Investments Announced
PM Modi inaugurates summit, with top CEOs pledging significant investments in Gujarat's various sectors.
- Prime Minister Narendra Modi inaugurated the Vibrant Gujarat Global Summit 2024, with state heads and top CEOs of private companies announcing significant investments in various sectors in Gujarat.
- PM Modi made a strong pitch to global investors, highlighting India's position as the world's fastest growing economy and its potential to become the third largest economy in a few years.
- 50% of the Memorandums of Understandings (MoUs) signed at the summit were 'Green MoUs', according to Gujarat's Chief Minister Bhupendra Patel.
- Top CEOs, including Mukesh Ambani of Reliance and Gautam Adani of the Adani Group, announced substantial investments in Gujarat, with Ambani setting up India's first carbon fibre facility and Adani building the world's largest green energy park.
- Deakin University will be the first foreign university to establish an international branch campus at Gift City in Gujarat.