Search Results for: Investment

jaitley-says-govt-taking-various-steps-for-investment

Jaitley says govt taking various steps for investment

New Delhi, Jan 12 (ANI): Union Finance Minister Arun Jaitley said on Monday that the Government of India is taking various steps to invite investment in the country. He added that the govt, in a very professional manner leading upto March 31st, is going about disinvestment in more than one company. Jaitley further clarified that the names of some companies given by media for investment are only speculative. Jan 12, 2015

Opposition snubs Vibrant Gujarat Summit, says PM should focus on entire country

New Delhi/ Gandhinagar, Jan 12 (ANI): The opposition leaders on Monday (January 11) dismissed the on-going Vibrant Gujarat Summit-2015 as a gimmick and alleged that the Prime Minister, Narendra Modi, was only concentrating on his native state instead of the entire country. Congress leader Manish Tewari said that the track record of Modi’s government showed that this government believed in creating hype and not doing actual work. NCP leader Tariq Anwar said that this effort on part of the prime minister would have been commendable had he been working to secure investment for the undeveloped parts of the country. Meanwhile JD (U) leader KC Tyagi, said that the prime minister needed to think about the country as a whole. Jan 12, 2015
clp-holdings-plans-to-invest-2-billion-for-coal-power-plant-in-gujarat

CLP Holdings plans to invest $2 billion for coal power plant in Gujarat

Gandhinagar, Jan 12 (ANI): Hong Kong-based China Light & Power (CLP) Holdings Limited said that it is planning a 2,000 megawatt coal-based power plant at a projected investment of $2 billion in Gujarat. Chief Executive Officer (CEO) of CLP Holdings, Richard Lancaster, said this while addressing mediapersons on the sidelines of Global CEO Conclave, being held as part of the seventh edition of Vibrant Gujarat business summit. The Hong Kong based company is keen on developing renewable energy, especially in the form of solar and wind farms in India. Jan 12, 2015
israel-to-set-up-10-centres-of-excellence-in-india-to-help-farmers

Israel to set up 10 centres of excellence in India to help farmers

Gandhinagar, Jan 12 (ANI): Israel Agriculture Minister Yair Shamir said that Israel will set up ten centres of excellence in India to help farmers improve their output with better technology. Shamir signed the agreement just before his meeting with Prime Minister Narendra Modi. Shamir added Israel could help India a lot. Vibrant Gujarat, held every two years, has yielded billions of dollars in investment promises but only a fraction of the deals announced have come to fruition. Modi aims to lift stagnant capital investment that has held back India's growth to 5.3 percent. Jan 12, 2015
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Industrialists say India marching with vision to become global power

Gandhinagar, Jan 11 (ANI): Indian industrialists on Sunday said that the country was moving ahead with a vision of elevating its status and role in global community and lauded Prime Minister Narendra Modi initiatives and boost investments in Gujarat. World leaders and delegates had gathered at investment summit, 'Vibrant Gujarat', promoted by Modi and held in the city of Gandhinagar. Mukesh Ambani, India's richest man with a fortune estimated at $19.7 billion, praised Modi's leadership. Ambani said his Reliance Industries conglomerate would invest 1 trillion rupees ($16 billion) in Gujarat over the next 12 to 18 months. Meanwhile, Chairman of Aditya Birla Group, Kumar Mangalam Birla also announced big investments in Gujarat. Jan 11, 2015

Tshering Tobgay invites investment in Bhtan, says have come for Aarthik Yatra to Gujarat

Gandhinagar, Jan 11 (ANI): Bhutanese Prime Minister Tshering Tobgay while speaking at Vibrant Gujarat Summit, invited investment for the nation and said that Bhutan is open for investment and business from all countries unless it is eco friendly and not harmful to resources. Tobgay said that he had always wanted to visit Varanasi and Bodhgaya for a pilgrimage and have come to Gujarat as part of his ‘Aarthik Yatra’. He said that Bhutan’s economy is small with GDP of barely 1.7 billion dollars but the nation uses its limited resources wisely for the welfare of the nation and the people. Jan 11, 2015
indians-set-benchmark-in-every-field-across-world-sushma-swaraj

Indians set benchmark in every field across world: Sushma Swaraj

Gandhinagar, Jan 10 (ANI): Foreign Minister Sushma Swaraj said Indians have set a benchmark in every field across the world and made the country proud with their achievements. Gujarat was host to three-day annual gathering for people of Indian origin. The diaspora event was timed immediately prior to a large investment meeting that will be addressed by US Secretary of State John Kerry and World Bank President Jim Yong Kim. Addressing the Indian diaspora in Gandhinagar, Swaraj lauded Indians who have made their presence felt worldwide. Swaraj also added Indians have contributed to the economy of wherever they have settled through their culture and traditions. Meanwhile, prominent industrialist, philanthropist and parliamentarian in Uganda, Mahendra Nanji Mehta, was honoured with 'Pravasi Bhartiya Samman' award for his contribution in public services and fostering ties between India and Uganda. Jan 10, 2015
rajnath-singh-invites-heavy-investment-from-indian-diaspora-for-development

Rajnath Singh invites heavy investment from Indian diaspora for development

Gandhinagar, Jan 09 (ANI): Union Home Minister Rajnath Singh on Friday (January 09) invited Non-Resident Indians (NRI) to heavily invest in India to make it a Super Economic Power. While addressing a gathering of NRI and foreign delegates at Diaspora Conclave, or Pravasi Bharatiya Divas in Gandhinagar city of Gujarat, Singh said that development is the main agenda of their government. He also said that policies are being formed to minimize hurdles for heavy investment in the country. Jan 9, 2015
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