Anil Ambani commits $11 bn investment in Gujarat
January 12th, 2011 - 5:20 pm ICT by IANS
Gandhinagar, Jan 12 (IANS) Industrialist Anil Ambani Wednesday committed Rs.50,000 crore ($11 billion) investment in energy and cement industries in Gujarat on the inaugural day of the state’s biennial global conclave here.The investment was being committed for cement and coal-based energy projects in the state’s coastal districts of Kutch, Junagarh and Porbandar, Ambani said in the presence of Chief Minister Narendra Modi.
“The investment will be made over the next five-seven years,” he said.
“Gujarat stands apart from other states as it has power surplus. This progressive state is trading its power surplus,” the industrialist said. “I want to say that our group will play a meaningful role in driving the change and transformation that is happening in Gujarat.”
Ambani also said the chief minister of the state was the best and biggest change agent in the state.
- Modi's global investor summit promises Gujarat $333 bn (Roundup) - Jan 12, 2011
- Modi kicks off conclave that fetches Gujarat mega-billions - Jan 12, 2011
- Asia's largest solar park functional in Gujarat - Apr 19, 2012
- With 7,936 pacts, $462 bn investment, Modi makes Gujarat shine (Lead) - Jan 14, 2011
- Modi no longer bats just for Gujarat to attract investment (News Analysis) - Jan 14, 2011
- Business jets make a dash for Vibrant Gujarat (Diary) - Jan 12, 2011
- Modi invites Andhra investors to Gujarat - Dec 05, 2010
- Jaypee Group to invest Rs.33,000 crore in Gujarat - Jan 15, 2011
- Gujarat to set up two more power projects soon - May 31, 2010
- Gujarat cabinet expanded, six new ministers sworn in - Feb 02, 2011
- Gujarat to have Asia's largest solar power park - Dec 30, 2010
- Modi launches mega solar power project - Jun 10, 2011
- Top Gujarat Congress leaders slam Modi, announce satyagraha - Sep 15, 2011
- Narendra Modi invites entrepreneurs to invest in Gujarat - Nov 14, 2010
- Modi government, Congress spar over panel - Aug 18, 2011
Tags: ambani, bn, cement industries, chief minister, coal, coastal districts, conclave, energy projects, gandhinagar, gujarat, industrialist, junagarh, kutch, meaningful role, narendra modi, porbandar, presence, progressive state, seven years, transformation