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The Hindu
The Hindu
National
The Hindu Bureau

Vibrant Summit ends with staggering 26.33 lakh crore investment pledges: Gujarat Government

Gujarat Gautam Adani Narendra Modi Torrent Group UAE

The 10th edition of the Vibrant Gujarat Global Summit concluded on January 12 with Memorandums of Understanding (MoUs) for 41,299 projects, with potential investment proposals worth ₹26.33 lakh crore, being signed during the mega event.

On the concluding day, Gujarat-based Torrent Group announced investments of ₹47,350 crore in various projects, including around 4500 MW renewable energy projects, development of a solar park in North Gujarat, ramping up power distribution network in Gujarat and setting up hydrogen manufacturing facilities in the State.

“In line with our strategic priorities and encouraged by our positive experience of working in Gujarat, I am pleased to share that Torrent Group has signed 4 MOUs during Vibrant Gujarat 2024, entailing a total investment of ₹47,350 crores,” Sudhir Mehta, Chairman Emeritus of the diversified Torrent Group, said in his speech at the valedictory session.

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