The sectors the MoUs cover include textiles and apparel, engineering, industrial parks and agro processing.
In the latest round, 47 MoUs were signed on a single day, with investments exceeding ₹1.56 lakh crore, according to media reports from the state.
Industrial parks and the textile and apparel sectors would incur an investment of ₹2,900 crore, creating an estimated 1.52 lakh jobs.
In the financial services sector, an investment of ₹50,500 crore is expected to yield 5.50 lakh jobs.
The industrial units under the MoU, to be located in Kutch, Bharuch, Kheda, Ahmedabad, Mehsana, Amreli, Vadodara, Surat, Panchmahal, Sabarkantha, Gandhinagar, Dang, Navsari and Rajkot districts, are expected to commence operations between 2023 and 2028.
ALCHEMPro News Desk (DS)
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