Highlights of comments by PM, industry leaders at Vibrant Gujarat 2024
PM MODI
- Seek to make India developed by 2047
- UAE sovereign wealth fund to begin operations in GIFT City
- Gujarat summit explored new ideas in last 20 years
- World looking at India as important pillar of stability
- World looking at India as economic powerhouse
- India to be among top 3 economies in world
- India’s priorities are sustainable industry, infra, mfg
- India’s priorities are new age skills, AI, innovation
- India focused on structural reforms in last decade
- Removed more than 40,000 compliances for ease of business
- Signed 3 Free Trade pacts to attract investments in India
RELIANCE INDUSTRIES CHAIRMAN MUKESH AMBANI
- To commission 5,000 acre green complex at Jamnagar H2 2024
- To set up carbon fibre facility at Hazira
TATA SONS CHAIRMAN N.CHANDRASEKARAN
- Construction of 20 GW battery plant to start in 2 mos
- Talks on Dholera semiconductor prefab unit almost over
ADANI GROUP CHAIRMAN GAUTAM ADANI
- To generate 30 GW of renewable energy at Khavda
- To invest 2 trln rupees in Gujarat over 5 years
ARCELORMITTAL CHAIRMAN LAKSHMI N.MITTAL
- Arcelor Mittal’s Hazira expansion phase 1 by 2026
- Arcelor Mittal’s Hazira 2nd phase expansion by 2029
- See Hazira crude steel capacity 29 mln tn eventually
SUZUKI MOTORS PRESIDENT TOSHIHORO SUZUKI
- To invest 350 bln rupees for second plant in Gujarat
- New Gujarat plant to produce 1 mln more cars annually
NVIDIA SENIOR VICE-PRESIDENT SHANKER TRIVEDI
- Partner Yotta is setting up data centre in GIFT City
- Data centre in GIFT City to go live before Mar-end
DP WORLD CHAIRMAN BIN SULAYEM
- To invest $3 bln in Kandla terminal over 3 yrs
MICRON TECHNOLOGY CEO SANJAY MEHROTRA
- To commission Sanand memory assembly by early 2025
- To commission Sanand test facility by early 2025
- Will create 5,000 direct jobs at Sanand
Mukesh Ambani:
Gujarat alone will be a USD 3 trillion economy by 2047; no power can stop India from becoming 35 trillion economy by 2047.
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