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Global Investors' Summit | Vibrant Gujarat 2007
Investment Opportunity grabbed, Mutual Development and Growth
Gujarat, Special Economic Zone
Gujarat Government's special event, branded as 'Vibrant Gujarat' every year, this year's Vibrant Gujarat - 2007 drew to a close on Saturday evening. As the Local Newspapers write in their 14th January issue, the Global Investors' Summit held at Science City, Ahmedabad on 12th and 13th January, 2007 has marked the event with some record investments being announced and made.
Virtually, with the investments being made through this Summit, the entire state is turning into a big Special Economic Zone gradually.
Noted and eminent industrialists participated including investors from abroad.
Devised brilliantly by the Gujarat Government, lead by Shri Narendra Modi, a team of nearly 5,00,000 people made the Summit a Record Breaking event where a number of Corporate Giants including Ratan Tata - Tata Group, Kumar Mangalam Birla - Birla Group, Mukesh Ambani & Anil Ambani - Reliance, K. V. Kamath - CEO, ICICI, Shashi Ruia - Essar Group and a galaxy of leaders from different industries and fields across the world made their valuable presence in this high-yielding summit.
There are more than 330 MoUs signed with over a $100 Billion (Rs. 4,60,000 Crores) investements declared promising more than 9.50 Lacs Jobs in the State.
Some Intersting MoUs
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FILM CITY by Film City Pvt. Ltd. Bangalore at Bavla
Rs. 2,240 Cr
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CRUISE SERVICES by Seaway Maritime on Kutch Coast
Rs. 4,259 Cr
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AIRPORT by Ahmedabad Aviation Aeronautics at Mehsana
Rs. 5,000 Cr
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AIRPORT by Blue Phoenix - New Delhi anywhere in Gujarat
Rs. 5,000 Cr
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6000MW NUCLEAR POWER PROJECT (*Intention) by Nuclear Power Corporation of India Ltd. in Bhavnagar
Rs. 50,000 Cr
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PILGRIMAGE PROJECT by Reliance Industries Ltd. at Dwarka
Rs. 7.5 Cr
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HOTEL & CONVENTION Complex by Shri Raj Travels & Tours at Ahmedabad
Rs. 350 Cr
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GOLF LINKS & VILLAS by Florida Metal Trading Ltd. at Surat
Rs. 355 Cr
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SAFARI PROJECT by Bhal Hotels at Velavadar
Rs. 5 Cr
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HOUSE BOAT PROJECT by Exotic Resort
Rs. 15 Cr
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Youth, the leading beneficiaries
MoUs, Agreements and Investments in the fields of Biotech, Engineering and IT have prompted a promising future to the youth.
More than 9,50,000 new promising Jobs are estimated through these investments and setups.
Investments in Infrastructure Sector are supposed to be a key aspect for they will attract more investments in other sectors.
Chief Minister Modi stated quite optimistically for more investments in Engineering and in matching responses, appreciable investments in Manufacturing and Engineering sectors have been announced which are likely to generate even more employment opportunities.
Apparently, investments in new international standards Medical Colleges, Nursing Schools, Pharma College, Pharma Research Centre, Marine Engineering Colleges and ITI's will bring Gujarat on a leading position in Knowledge Sector.
Highlights
Followed by presence of Ratan Tata and Mukesh Ambani on the innaugural day, the last day hosted more big shots including Anil Ambani - Reliance. Shri Ratan Tata acknowledged and expressed some his rare sentiments for he is 'Original' Gujarati. He preferred to speak in Gujarati and appreciated government's efforts and its boost to India Industry & Economy. Anil Ambani remembered his childhood days and student life - 6 year stay in Gujarat. He stated, Gujarat is 24 Carat Pure Gold and there could be no further thinking for utilising the investment opportunty any investor could ever have. He opined for devising a 20 Year Blueprint and Vision. He said, Gujarat's progress is perhaps more and better than that of China.
The core of this event is some interesting MoUs signed and interests shown by the International community, surfaced during more than 60 personal meetings between the govt. and the investors.
Delegates, Directors, CEO's, Industrialists, leading experts and high authorities from USA, China, Japan, Britain, Malayasia, Singapore and others discussed and rendered their further interests and scope for the projects & investments.
People
CM Shri Narendra Modi answered to a question raised about the 'Future Elections', saying he has never bothered or planned for the elections. A Chief Minister's 5 year term was a big responsibiliy, an exciting challenge he wanted to meet up with utmost dedication, head - heart - and - body, he expressed something alike. The Future Generation of Gujarat, complementing and adding to the growth and well-being of the state and nation in a healthy and holistic manner is his dream and he said, the same has been there now as ever, for times to come. Simultaneously, it's Gujarati or the Global Gujarati living anywhere and everywhere across the globe, thriving and enterprising in nature, helping vital aspects of economy, harmony and prosperity wherever they are, what they are known for.
Global Investors' Summit - 2007 12th & 13th January, 2007 Science City, Ahmedabad |
Sector |
No. of MoUs Signed |
Investments (Rs. in Crores) |
Employment Potential |
Power |
11 |
55,139 |
6,560 |
Oil & Gas |
10 |
19,488 |
15,200 |
Medical Tourism |
6 |
1,640 |
4,900 |
Chemicals & Petrochemicals |
24 |
14,236 |
16,241 |
Special Economic Zones |
28 |
1,70,688 |
6,05,640 |
Ports |
23 |
13,654 |
12,100 |
Rail Transport |
2 |
400 |
- |
Urban Development |
5 |
6,985 |
- |
Others |
5 |
2,370 |
375 |
Biotechnology |
19 |
1,554 |
7,714 |
Information Technology |
2 |
3,704 |
2,300 |
Pharmaceuticals |
4 |
227 |
2,210 |
Agro & Food Processing |
66 |
11,560 |
80,000 |
Engineering, Auto, Ceramics |
35 |
12,757 |
38,490 |
Textiles & Apparels |
29 |
8,177 |
89,055 |
Education |
2 |
535 |
- |
Tourism |
32 |
10,635 |
26,370 |
Civil Aviation |
4 |
10,027 |
10,200 |
Religious Tourism |
1 |
8 |
- |
Total |
308 |
3,43,784 |
9,17,355 |
Announcements Made |
Power Sector |
4 |
78,290 |
6,000 |
Oil & Gas Sector |
15 |
25,279 |
2,500 |
Chemical & Petrochemicals |
2 |
650 |
- |
Financial Sector |
1 |
1,000 |
25,000 |
Total |
22 |
1,05,219 |
33,500 |
Grand Total |
330 |
4,49,003 |
9,50,855 |
IT Sector |
MoUs Signed at IT Summit in December 2006 |
19 |
11,067 |
3,25,900 |
Grand Total |
349 |
4,60,070 |
12,76,755 |
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The 'Fresh' Retail Chain from Reliance |
With MoUs of about Rs. 3,000 Crores, Reliance is entering and launching a first of its kind, Retail Chain called 'Fresh' in Rural Gujarat.
The Chain will buy produces and materials directly from farmers and will sell to the buyers. Company will use most of the goods for its own 'Fresh' Retail Chain. Almost 75,000 jobs are expected from this initiative.
The best part of this concept is Farmers will benefit more and get the value - money for their product. This will boost and enhance the Agri Industry and will facilitate Rural Economic Development.
Reliance's Research & Centre for Excellence associated with this chain is supposed to bring new Agri Products in the market.
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Investors and those interested may visit the website: Vibrant Gujarat
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[vibrant gujarat global investors investments sez ahmedabad]
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