Summary:
The state government claimed on Monday that 62 per cent of all MoUs (Memorandum of Understanding) signed at Vibrant Gujarat Summits over the years have materialised into investments. As many as 76,512 MoUs were signed at the eight Vibrant Gujarat Summits held between 2003 and 2017. Investment of Rs5.73 lakh crore had taken place, and over nine lakh jobs created. "Investment of more than Rs13.45 lakh committed in the MoUs was made in Gujarat, which created employment opportunities for over 23.67 lakh youths," Patel said. Incidentally, in the first seven editions of the Summit between 2003 and 2015, investment proposals worth Rs64 lakh crore were signed..