Around 70% of MoUs inked at Vibrant Gujarat Global Summit get fructified: Chief Secretary
The Hindu
The prominent sectors from where companies would be participating in VGGS 2022 would be renewable energy, chemicals, food processing and financial services, he said
Sustainable infrastructure, renewable energy and national hydrogen mission will be among the focus areas of the biennial Vibrant Gujarat Global Summit (VGGS), which has already seen the state government signing MoUs with 20 companies worth ₹25,000 crore, Gujarat Chief Secretary Pankaj Kumar said.
Around 70% of the memorandum of understandings (MoUs) signed with companies at the Summit get fructified over a period of time, Mr. Kumar said, describing it as a good success rate.
Prime Minister Narendra Modi will inaugurate on January 10 the three-day VGGS 2022 at Gandhinagar that seeks to attract investment in the state across sectors. "The focus areas of VGGS 2022 would be key national initiatives and topics of global relevance that includes sustainable infrastructure and manufacturing, national hydrogen mission, renewable energy, electric mobility and futuristic technologies," Mr. Kumar told PTI in an interview here.
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