Vibrant Gujarat Growing Exponentially

If there is any Testimony to the fact that a foresighted government can really help initiate radical changes in our society, it has to be the success story of Gujarat. Adding another chapter to its exciting growth story, the state has brought in investment worth Rs 4.50 lakh crore in the recently concluded Vibrant Gujarat Global Investors' Summit.

Announcing the figures at the end of the two-day summit, chief minister Narendra Modi said that he was jubilant over the fact that the maximum investment had been in the sectors of infrastructure, manufacturing, engineering and human resource development (HRD).

Big Corporate houses like Reliance, Essar and PSU companies like ONGC have all announced some big ticket investments in Gujarat.

Gujarat may be riding high on development and growth, but what has suddenly made the state to irresistible include reasons like abundant availability of natural resources, longest coastline, dependable infrastructure and over and above all — the strong “political leadership favoring rapid growth” in the state.

Among the many agreements signed at the summit SEZs led the way with 26 MoUs of Rs 1,42,685 crore followed by 11 MoUs of Rs 55,139 crore in power.