Corporates in Gujarat are now finding another good investment avenue: Education.
Most of the big corporate houses based in the state now have interests in the education sector while some others have recently committed significant investments in setting up educational institutions in Gujarat.
Industry experts believe that considering the potential, in near future more companies will come with more commitments.
In September, the Ahmedabad-based diversified company Adani Group, which is into the business of edible oil, ports, infrastructure and gas, signed a memorandum of understanding (MoU) with the Gujarat government for setting up a national-level port management institute with a cost of Rs 200 crore.
The institute, which will be the first of its kind in Gujarat, is expected to start functioning in the next three years. There are 32 operational ports in Gujarat, the highest number in the country.
Adanis are reportedly looking for additional land close to its port in Mundra in Kutch district to set up the institute.
