10th edition of Vibrant Gujarat Summit: Here to know some top investments happenings

The Prime Minister of India, Mr. Narendra Modi has embarked on a two-day visit to Gujarat to auspiciously showered the glimpses of the 10th edition of Vibrant Gujarat Summit, along with 16 partner organizations and 34 different countries CEOs. Over 35 Fortune American companies attending the summit are looking forward to increasing and exploring investment opportunities in Gujarat. India and UAE had signed four MoUs for developmental projects on January, 9.

Similarly, it is being envisaged that India will bid for the 2036 Olympics, which will be backed by Reliance Industries investments. Major five commitments, including the set up of a new giga factory in Gujarat, are assured by Reliance Industries, in the second half of the year. Next, the same company would set up India's first and world-class carbon fibre facility in Hazira.

Moreover, Reliance has intensified the investments of over USD 150 billion in creating world-class assets and capacities across India in just 10 years.

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Multi-billionaire Gautam Adani has announced an investment of over Rs 2 lakh crore in Gujarat, significantly building a green energy park that would be visible even from space. This investment would lead to create 1 lakh jobs in future. The Czech Republic and India collaborated for long-term strategic investments that would include AI [Artificial Intelligence] research and semiconductors.

A historic long-term agreement between Nepal and India is concluded, according to which, Nepal will export 10,000MW of electricity to India over the next decade which signifies a major achievement in the energy collaboration between the two neighbouring countries.

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Prime Minister Ryad Mezzour, Minister of Industry and Commerce of Morocco, highlighted to propose of a robust and strong collaboration between Morocco and India, which emphasized the potential for a South-South triangular cooperation that could stimulate growth not only in Africa and India but also on a global scale.

PM Modi has asserted the dream of Vikisit Bharat, a vision document prepared for India to become a developed economy of USD 30 trillion by 2047. The 10th edition of the Vibrant Gujarat Summit is commenced on 10 January and will conclude on 12 January. The theme for the same is 'Gateway to the Future'. 

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