Vibrant Gujarat Summit 2019: 21,000 MoUs signed in MSME sector

Ahmedabad | Sunday | 20th January, 2019

Summary:

Rs 6,800 cr MoUs in oil & gas sectorSixteen MoUs, proposing investment of Rs6,800 cr in oil & gas sector, were signed at VGS. Officials said that Adani Gas signed MoU of Rs1,500 cr to expand its gas business. Arun Kumar Panda, secretary MSME, Central government, said that the rollout of GST has increased formalisation of small businesses in the country. A lot of the MoUs were also signed between various state and international chambers of commerce. Close to 21,000 Memorandum of Understanding (MoUs) were signed in the Micro Small and Medium (MSME) sectors during the two days of Vibrant Gujarat 2019, said P D Vaghela, Chief Commissioner of State GST..