Gujarat Global Investors Summit promises 12,000 billion rupees investment

Narendra ModiAhmedabad, Jan. 14 : Gujarat Chief Minister Narendra Modi has said that the state has received promises of 12,000 billion rupees of investment during the two-day ''Vibrant Gujarat Global Investors Summit-2009''.

"The state has received tremendous response from the investors and which in a way would generate vast employment avenues," Modi said while addressing a gathering on the second day of the summit.

"Because of this investment the projection of employment generation is 8500 Memorandum of Understandings (MoU), and possibility of employment is 2.5 millions, 2.5 million and the amount is 12,000 billion rupees," he added.

Leading Indian industrialists such Ratan Tata, Mukesh Ambani, Anil Ambani, Sunil Mittal, Kumarmanglam Birla and K V Kamath also attended the summit which began on January 12.

Representatives from over 40 countries also took part in the meet, which has Japan as the partner for this year's summit. (ANI)