Top businessmen from India and overseas announced a flurry of investment deals at the 10th Vibrant Gujarat Global Summit, which commenced on Wednesday in the state capital Gandhinagar.
Indian and foreign investors and business leaders have expressed interest in setting up new projects in new-age industries such as green hydrogen, renewable energy, semiconductors and E-mobility, data centres and fintech and logistics and supply-chain networks.
Mukesh Ambani of Reliance Industries announced that a new renewable factory spread on 5,000-acre in Jamnagar will become operational in 2024. He added in the last 10 years, Reliance has invested more than ₹12 lakh crore in creating world-class assets in the country and a third of that investment has been made in Gujarat, making the Reliance a ‘Gujarati company.’