This year was truly a vortex of a perfect storm, yet it has been a year of contrasts. The Indian industry is in dire need of political stability and the strength of leadership at the Centre, but at the same time, India recently overtook China as the most attractive investment destination in the world. This year, foreign institutional investment (FII) is at its peak, having crossed Rs 1 lakh crore.
Tag: Narendra Modi
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Power from waste
By setting up solid waste management plants, the Gujarat government will run a pilot project in 50 cities to generate power, fertiliser and reusable water, said the state Chief Minister Narendra Modi. The state's rural areas will get the power, reusable water and fertilisers produced in these plants for usage in agriculture. Gujarat government will work with Japanese agencies for development of some of these plants by utilising cutting edge technology from Japan, the CM added.
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Centre okays 2,834 km road upgradation in rural Gujarat
In Gujarat, the pre-empowered committee of the Pradhan Mantri Gram Sadak Yojana (PMGSY) has cleared upgradation of the 2,834 km of roads at an estimated cost of Rs 1,064 crore. Union Minister of Rural Development Jairam Ramesh informed Chief Minister Narendra Modi about the Centre's decision in a letter. Ramesh said that a meeting of the pre-empowered committee was held recently and the same has recommended upgradation of 921 roads, covering 2,834 km in all across the state.
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Fernas mulls $1 bn LNG terminal in Gujarat
Fernas Construction India, a wholly-owned subsidiary of Turkey's Fernas Inc, plans to set up an LNG storage and re-gasification terminal in Gujarat in collaboration with Mumbai-based Swan Energy.Fernas Construction India plans to invest $1 billion (Rs 5,300 crore) over a period of four years for the proposed terminal to be set up at Okha in Jamnagar district.
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ReNew Power commissions first wind project
In keeping with its commitment to become the leading renewable energy producer in India, ReNew Wind Power, an independent power producer, commissioned its first wind farm project at Jasdan, Rajkot district, Gujarat.
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ReNew Power commissions first wind project
In keeping with its commitment to become the leading renewable energy producer in India, ReNew Wind Power, an independent power producer, commissioned its first wind farm project at Jasdan, Rajkot district, Gujarat.
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GSPC in talks with GIC
Gujarat State Petroleum Corp (GSPC) is in talks with the Government of Singapore Investment Corporation (GIC), for raising funds, a top company official said.
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Rs 38,000-cr Plan outlay for Gujarat
Gujarat's annual Plan outlay for year 2011-12 has been fixed at Rs 38,000 crore.
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Rs 38,000-cr Plan outlay for Gujarat
Gujarat's annual Plan outlay for year 2011-12 has been fixed at Rs 38,000 crore.
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Vibrant Gujarat 2011: Larger and cleverer
The highlight of the much-publicised event this year was as much the volumes pledged, as the state's efforts to set a platform for national and international investments.