Highlights: Ambani, Tata & Adani investment plans dominate Gujarat summit

Catch all the highlights on Vibrant Gujarat Summit 2024 here

12:17 PM

Vibrant Gujarat Summit Live: DP World to construct container terminal at Kandla Port

Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, a multinational logistics firm based in the United Arab Emirates, stated that in addition to the existing $3 billion investment in Gujarat, the company plans to construct a cutting-edge container terminal at Kandla Port, boasting a capacity of 2 million containers.

12:13 PM

'No power on earth can stop India from becoming a 35 trillion-dollar economy by 2047': RIL's Mukesh Ambani

In his address at the Gujarat summit, Mukesh Ambani, the chairman and managing director of Reliance Industries, expressed unwavering confidence in India's economic trajectory, stated, "No power on earth can stop India from becoming a 35 trillion-dollar economy by 2047. And I see Gujarat alone will become a 3-trillion dollar economy by then."

12:04 PM

Gujarat Summit: ArcelorMittal to construct world's single largest steel site at Hazira by 2029

ArcelorMittal will build the world's single biggest steel manufacturing factory at Hazira in Gujarat by 2029, company's executive chairman Lakshmi Mittal announced today. The factory will have a capacity of 24 million tonne per annum, he added.

12:01 PM

Suzuki Group to invest Rs 3,200 crore in Gujarat, announced Toshihiro Suzuki, President Suzuki Motors

11:43 AM

Vibrant Gujarat Summit: Zerodha's Nikhil Kamath on India's entrepreneurship leap

 

Zerodha's Nikhil Kamath said that PM Modi has fostered a stable ecosystem for the youth of India to thrive. Kamath stressed that when he interacts with Indians living in the West, a common sentiment he hears is their "Fear of Missing Out" (FOMO) when it comes to the massive changes taking place in India.

11:40 AM

Vibrant Gujarat Summit: Building C295 defence aircraft in Vadodara and in Dholera, says Tata Sons Chairman

11:24 AM

Nvidia announces collaboration with Yotta Infrastructure to establish AI data center in GIFT City

Nvidia announces a collaboration with Yotta Infrastructure to establish an artificial intelligence data center in Gujarat International Finance Tec-City (GIFT City). The technology giant expressed its eagerness to forge partnerships with universities across India, particularly focusing on digital technology initiatives. 

11:16 AM

Adani Group to invest over Rs 2 trillion in Gujarat

11:14 AM

Reliance to set up India's 1st carbon fibre facility in Gujarat, Mukesh Ambani announces at summit

RIL chairman and MD, Mukesh Ambani warmly embraced Gujarat and applauded the commencement of the 10th edition of the Vibrant Gujarat Summit. Addresing the summit, Ambani said that this gathering of global investors has thrived for two decades, advancing and gaining prominence under the visionary guidance of Prime Minister Modi. Ambani appreciates the distinctive standing of this summit, emphasizing its unparalleled longevity and enduring success. The enduring triumph of the Vibrant Gujarat Summit serves as a testament to Prime Minister Modi's steadfast vision and unwavering commitment to promoting economic growth and development.