Share of MSMEs in MoUs jumps to 77% at Vibrant Gujarat Global Summit 2019

Gujarat government stays mum on total investment figures attracted

The share of micro, small and medium enterprises (MSMEs) in total memorandums of understanding (MoUs) at Vibrant Gujarat Global Summit (VGGS) surged from 72 per cent in the previous 2017 edition to 77 per cent in 2019. 

Of the total 28,360 MoUs signed during the summit, up from 25,578 MoUs in the previous 2017 edition, about 77 per cent of them at 21889 came from MSMEs at the three-day VGGS 2019. 

As with the previous summit in 2017, this time too, the Gujarat government stayed away from immediately announcing the value of total investment commitment on the last day of VGGS.

"Investment figures