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State govt claims 66% success ratio for past seven Vibrant Gujarat summits

About 15 CEOs of Fortune 500 companies have confirmed participation in the eighth edition

Gujarat, Vibrant
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According to the Gujarat government, 51,738 memorandums of understanding (MoUs) or investment intentions have been signed in the last seven years

BS Reporter Ahmedabad
Ahead of the eighth edition of the Vibrant Gujarat Global Summit 2017 that begins on January 10, the state government claimed a 66 per cent success ratio for the past seven editions.

According to J N Singh, chief secretary, Government of Gujarat, so far 51,738 memorandums of understanding (MoUs) or investment intentions have been signed, from first edition in 2003 to the latest seventh edition in 2015.

“Of these, about 34,234 projects have either been completed or are under implementation, putting the success ratio of the investment MoUs at about 66 per cent,” said Singh while addressing mediapersons

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