Ahead of the Vibrant Gujarat Global Summit, as many as 23 Memorandums of Understanding (MoUs) were signed between various business entities and the state government on Wednesday for proposed investments of Rs 1 lakh crore.
With these MoUs, 100 such agreements have been inked for potential investments of Rs 1.35 lakh crore in Gujarat ahead of the 10th edition of the biennial investor summit to be held from January 10 to 12 at Mahatma Mandir in Gandhinagar, said a state government release.
It is expected that the 23 MoUs for the proposed investments of Rs 1 lakh crore will generate nearly 70,000 new employment opportunities, said the release.