Vibrant Gujarat summit: Investment pacts worth Rs 7.17 lk cr signed with cos like HPCL, IOCL, Power Grid

Narendra Modi Usa UPS Manufacturing Tesla information Department

03.01.2024 - 12:40

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economictimes.indiatimes.com:

Vibrant Gujarat summit, the state has signed investment pacts worth Rs 7.17 lakh crore or $86 billion with at least 58 companies including the likes of HPCL, IOCL and Power Grid, it was announced on Wednesday.

Further, Gujarat's information department has said that so far 234 Memorandums of Understanding (MoUs) have been signed in as many as 17 phases with a potential investment of about Rs 10.31 lakh crore.

The Vibrant Gujarat Summit will be held between January 10 and 12, 2024. This will be the tenth edition of the summit and will be inaugurated by Prime Minister Narendra Modi.

Organisers are expecting around a 100 companies to participate in the summit.
Among the major announcements due to come at the summit, one could be the setting up of a manufacturing plant by renowned US-based electric vehicle maker Tesla.

(More to come)

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