Gujarat Gets Rs 9.45 Lakh Cr Investments

Ahmedabad: Ahead of the 10th Vibrant Gujarat Global Summit, the State government has signed a total of 55,860 projects with a proposed investment of Rs 9.45 lakh crore, Industries Minister Balwantsinh Rajput said.

Of these, 32,801 projects have already been commissioned, 13,051 are in the initial stages, and 6,217 are under implementation, he informed the Legislative Assembly.

Minister Rajput emphasised the impact of the biennial summit, first launched in 2003 under then Gujarat Chief Minister and current Prime Minister Narendra Modi.

He credited the initiative for transforming Gujarat into a preferred destination for multinational companies and positioning it as a model of economic development for the nation.Highlighting the state’s investor-friendly policies, the minister outlined various incentives, including the development of transportation networks, industrial parks, and digital infrastructure.

He also noted that Gujarat has introduced sector-specific policies and an online single-window portal to facilitate investors.

During the recently concluded 10th edition of the summit in 2024, the State government signed MoUs amounting to an estimated Rs 47 lakh crore, further reinforcing Gujarat’s position as an investment powerhouse, Minister Rajput added.