Gujarat VGRC Signs Rs 3.53 Lakh Crore MoUs, to Generate 2.82 Lakh Jobs

Gujarat Deputy CM Harsh Sanghavi announced 2,792 MoUs worth Rs 3.53 lakh crore were signed at the Vibrant Gujarat Regional Conference. The projects are expected to generate direct employment for over 2.82 lakh youths in three years. Sanghavi emphasized benefits for small entrepreneurs and announced 'open door meetings' for industrialists. He also highlighted Gujarat's GDP growth from Rs 1.29 lakh crore to Rs 27.09 lakh crore since 2003.

Key Points: VGRC MoUs: Rs 3.53 Lakh Crore, 2.82 Lakh Jobs

  • 2,792 MoUs worth Rs 3.53 lakh crore signed
  • Projects to generate 2.82 lakh direct jobs in 3 years
  • New 'open door meetings' for industrialists planned
  • Incentive clearance rate doubled, expected to cross 500/day
3 min read

Rs 3.53 lakh crore-worth MoUs signed at VGRC, projects to generate 2.82 lakh jobs: Gujarat Dy CM

Gujarat Deputy CM Harsh Sanghavi announces 2,792 MoUs worth Rs 3.53 lakh crore at VGRC, expected to generate 2.82 lakh jobs over three years.

"The direct benefit of the Vibrant Regional Conference should reach small entrepreneurs, and the government is working in that direction. - Harsh Sanghavi"

Surat, May 2

Gujarat Deputy Chief Minister Harsh Sanghavi said on Saturday that 2,792 memoranda of understanding worth Rs 3.53 lakh crore were signed during the two-day Vibrant Gujarat Regional Conference in Surat, with projects expected to generate direct employment for more than 2.82 lakh youths over the next three years.

Addressing the concluding session at Auro University, Sanghavi described the conference as a "historic" platform that has showcased South Gujarat's industrial potential to the country and the world.

He said the state government's priority extends beyond large industrialists to include small traders and entrepreneurs, adding that efforts are being made to ensure that the benefits of such conferences reach those at the grassroots.

"The direct benefit of the Vibrant Regional Conference should reach small entrepreneurs, and the government is working in that direction," he added.

Announcing a new initiative, Deputy Chief Minister Sanghavi said that future regional conferences would include 'open door meetings' to address the concerns of existing industrialists on the spot.

"Responsible government officials will directly interact so that issues can be resolved at the venue itself," he added.

On policy measures, the Deputy Chief Minister said the state government has accelerated the process of incentive clearances, noting that "earlier about 199 applications were cleared daily, a figure that has now doubled and is expected to cross 500 in the near future".

He also highlighted efforts to promote non-polluting industries and the garment sector in tribal districts such as Dang, Tapi, Valsad and Navsari.

"This will provide employment opportunities at the doorstep for more than 25,000 women in tribal areas over the next two years," he added.

Sanghavi said the Vibrant Gujarat initiative, launched in 2003 by the then Chief Minister Narendra Modi, has played a key role in the state's economic growth, with Gujarat's GDP rising from Rs 1.29 lakh crore to Rs 27.09 lakh crore.

"The role of 'Team Gujarat' and the business community has been crucial in sustaining this growth over the past two decades despite challenges," he added.

Urging industrialists and investors to adopt a forward-looking approach, Sanghavi said, "Move ahead with a progressive mindset; the government will fully support you in reaching buyers across the world and in providing necessary arrangements."

He added that the deliberations and sectoral discussions held during the conference would serve as guidance for industry stakeholders.

While announcing the conclusion of the VGRC, Deputy CM Sanghavi invited industrial units, young entrepreneurs and citizens to visit the industrial exhibition organised alongside the event until May 5.

The conference also featured business-to-business and business-to-government meetings, reverse buyers-sellers meets and seminars aimed at supporting entrepreneurs.

Awards were presented to the best MSE and MSME units in various categories, and handicraft artisans were honoured during the event.

- IANS

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Reader Comments

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Sarah B
Impressive numbers but I'm a bit skeptical. Rs 3.53 lakh crore MoUs is a lot—how many of these will actually be implemented? Gujarat's track record is decent, but we've seen many MoUs fizzle out in other states. The 'open door meetings' for industrialists sound good, but hope small traders also get a real voice, not just big players.
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Arjun K
Vibrant Gujarat has been a game-changer since 2003. GDP from Rs 1.29 lakh crore to Rs 27.09 lakh crore—that's incredible growth! But what about the common man's daily life? We need to see impact on inflation, cost of living, and basic amenities. Still, 2.82 lakh jobs in 3 years is no joke. Hope our youth benefits. 🇮🇳
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Matthew K
I appreciate the focus on tribal districts like Dang and Valsad. Employment at doorstep for women is a great concept, but infrastructure in those areas needs serious improvement—roads, electricity, skill training. Without that, these numbers won't materialize. Also, 25,000 jobs in 2 years seems ambitious for remote areas. Let's hope they deliver!
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Priya S
Finally, some attention to small entrepreneurs! The 'open door meetings' sound promising, but I hope they don't become just photo ops. Also, clearing 500 applications daily for incentives is good, but the process should be transparent and corruption-free. Gujarat ka development ho raha hai, but we need to ensure sabko fayda pahunche. 🙏
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Lisa P
Reading this from the US

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