State attracts MoUs worth over Rs 24,000 crore ahead of Vibrant Gujarat

Leading MoUs were those from chemical, electrical equipment and PSU majors like Kiri Industries, Meghmani Organics and Meghmani Finechem, Borosil Renewables, and Indian Oil

Photo: Shutterstock

Photo: Shutterstock

Vinay Umarji Ahmedabad
Ahead of the Vibrant Gujarat Global Summit (VGGS), the state has attracted investment commitments worth Rs 24,185 crore via memorandums of understanding (MoUs) inked by around 20 companies.

While the 10th edition of the flagship biennial investment-cum-trade summit will be held in January 2022, the state government has started attracting investment commitments leading up to the three-day event.

Among the leading MoUs were those from chemical, electrical equipment and public sector majors like Kiri Industries Limited, Meghmani Organics and Meghmani Finechem Limited, Borosil Renewables, Borosil Limited, KEI Industries and Indian Oil Corporation Limited (IOC). Together, they committed investments of more than Rs 8,500 crore in sectors like chemicals, renewables, electrical equipment and energy.

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First Published: Nov 22 2021 | 6:50 PM IST

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