The investment proposals received by the state government during the Vibrant Gujarat-Global Investors' Summit shot up to a whopping Rs 55,418 crore on Tuesday, with the third day witnessing offers worth Rs 10,000 crore flowing in from investors. |
Since Monday evening, memorandums of understanding (MoUs) worth about Rs 10,000 crore have been signed. |
The focus now shifts to Surat, where the gems and jewellery and garments and textiles industries are expected to attract investments. |
Aashapura Minechem, a private company that has been into mining for over two decades, signed an MoU for setting up an alumina plant at Mandvi. The proposed project is worth Rs 2,500 crore. |
Paurcur Energy and Infrastructure Ltd proposes to set up a Rs 1,500-crore cow dung-based power project at Radhanpur in north Gujarat. |
NEG Micron (India) Ltd also signed an MoU for a wind farm electricity project of 250 MW worth Rs 1,000 crore. The proposed project will be set up at Mandvi. |
Apollo Tyres Ltd signed an MoU to set up a tyre manufacturing plant at Vadodara with an investment of Rs 600 crore. |
In addition, Indigold Refineries Ltd intends to set up a gold, silver and precious metal refinery at Bhuj and will invest Rs 735 crore. |
On the third day of the summit, the emphasis was on giving education a corporate look. |
In the education sector, Adani group signed an MoU for setting up a port management institute at a cost of Rs 200 crore. |
Nirma group signed an MoU for setting up a marine engineering institute worth Rs 30 crore. Sandev International will set up an institute of management studies with an investment of Rs 135 crore, while a Rs 100 crore MoU has been signed between Mosaliya Mir Institute and the NID for science and technology. |
The state government's science and technology department signed MoUs with the National Institute of Design (NID) and ORG, an IT company set up by Vikram Sarabhai, on Tuesday at Ahmedabad. |
The Mou signed with NID is for developing a new campus for IT design at a cost of Rs 15 crore, while the that with ORG is for a technology park focusing on bio-technology. |
State education minister Anandiben Patel said with a World Bank assistance of Rs 200 crore, the government will embark on a technical education improvement programme. |
Rajiv Gupta, director of higher and technical education, said the government has identified chemicals, pharmacy, safety management, water management and hotel management courses to promote these industries in Gujarat. |