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Vibrant Gujarat 2024: Unveiling INR 45.2 Lakh Crore Worth of Investments and 98,450 Project Proposals

– At Vibrant Gujarat 2024, a total of ₹45.2 lakh crore worth of Memorandums of Understanding (MOUs) were signed. – In the 2019 edition, 28,300 MOUs were signed, with a total of 98,450 proposed projects. – The sectors with the highest investment commitment were Power, Oil & Gas (1017 projects worth ₹17.6 lakh crore), Chemicals, […]

Vibrant Gujarat 2024: Unveiling INR 45.2 Lakh Crore Worth of Investments and 98,450 Project Proposals
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1/13/2024 5 min read
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Vibrant Gujarat 2024: Unveiling INR 45.2 Lakh Crore Worth of Investments and 98,450 Project Proposals

– At Vibrant Gujarat 2024, a total of ₹45.2 lakh crore worth of Memorandums of Understanding (MOUs) were signed.

– In the 2019 edition, 28,300 MOUs were signed, with a total of 98,450 proposed projects.

– The sectors with the highest investment commitment were Power, Oil & Gas (1017 projects worth ₹17.6 lakh crore), Chemicals, Petrochemicals (3256 projects worth ₹5.34 lakh crore), and Engineering & Auto (563 projects worth ₹5.2 lakh crore).

– Sectors receiving maximum MOUs included Urban Development (4814 MOUs), Mineral Based Projects (4084 MOUs), and Chemicals, Petrochemicals (3256 MOUs).

– Financial Services secured 32 MOUs with a total worth of ₹2.3 lakh crore.

– The MSME sector received 77,004 MOUs with a cumulative value of ₹1.96 lakh crore.

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