At the 6th phase of the Vibrant Gujarat Summit, we came to hear about the news that 135 MOUs were signed, or we can say 135 Memorandums of Understanding were signed between the Gujarat government and various international enterprises and nations. This was done in order to highlight the inner potential, commercial possibilities, assets, and other things, which is why they have used the Vibrant Gujarat Summit.
This article will discuss all the major highlights and in-depth information regarding the rajkot updates news during the sixth phase of vibrant Gujarat summit 135 MoUs were signed.
The business world
Overview in depth
This event, known as the Vibrant Gujarat Summit, was founded by the Gujarat government in 2003 to encourage and motivate the nation as well as international investments in Gujarat. Through this, the Gujarat government can present its various business-friendly investment policies and infrastructure policies, so that other potential investors will be encouraged to invest in Gujarat, whether they come from India or from around the world.
It was Shri Narendra Modi, the respected Prime Minister of India, who launched the 6th phase of the Vibrant Gujarat Summit, or we could say it began in Gujarat, the fourth largest city in the world. Its main objective is to organize and achieve sustainable development and growth as well as excellent progress in the state while ensuring environmental protection.
Vibrant Gujarat Summit: Highlights of the Mous
During the 6th phase of the summit, 135 Memorandums of Understanding were signed between the Gujarat government and other investors.
Over one billion dollars have been invested in it.
Mahindra has invested more than five hundred crores in the manufacturing industry, and companies like TATA motors, Adani Wilmar, and Ford will invest as well.
More than two thousand crores are invested in airports, railroads, ports, and other infrastructure projects.
Over fifteen hundred crores have been invested in power and renewable energy.
There are many industries in the tourism sector, such as entertainment, hotels, medicine, etc.
There are many benefits of the Mous as it will result in more than twenty thousand direct and indirect investments creating jobs in Gujarat and will strengthen the state’s economy to a great extent. Many industries, such as transportation, communication, power, electricity, etc., will improve greatly. Local workers will be able to develop their skills and gain many benefits as a result.
Gujarat Vidyapeeth By Mahatma Gandhi In 1920 Will Invite Governor Acharya Devvrat
Finally, let’s wrap things up
The Gujarat government has achieved great success with the 6th phase of the Gujarat Vibrant Summit with the signing of 135 Mous regarding various industries and sectors. Investing in these Mous will result in a substantial investment in Gujarat, which will lead to the development of the state’s economy, the creation and provision of various jobs, infrastructure, and skill development.
Questions and Answers
Vibrant Gujarat Summit: What is its purpose?
Vibrant Gujarat Summit aims to attract both national and international investments in Gujarat from around the world.
How many Mous were signed during the Vibrant Gujarat Summit’s sixth phase?
During the Vibrant Gujarat Summit, 135 Mous were signed.
During the 6th phase of the Vibrant Gujarat Summit, Mous were signed. What are their advantages?
Jobs will be created in different sectors of the economy, which will contribute to the development of skills, infrastructure, and the economy.
What sectors are covered by Mous?
Among the industries covered by Mous are travel and tourism, power and energy, infrastructure, manufacturing, and many others.
What is the venue for the Vibrant Gujarat Summit in 2023?
In 2023, the event will take place at the Mahatma Mandir in Gandhinagar, Gujarat.
Vibrant Gujarat Summit founder: who is he?
Vibrant Gujarat Summit was conceptualized in 2003 under the visionary leadership of our respected Prime Minister, Shri Narendra Modi.