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Large conglomerates from India and abroad today announced huge investment and job creation plans at the two-day Vibrant Gujarat Summit, which kicked off this morning in presence of Prime Minister Narendra Modi and leaders from across the world.
While Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses, Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.
Among foreign companies, Australian mining giant Rio Tinto's CEO Sam Walsh said the group would add 30,000 jobs in diamond cutting industry in Gujarat, adding that Australia is looking forward to the state as a promising business destination.
Vibrant Gujarat 2015: RIL pledges Rs 1 lakh cr, Birla Group to invest Rs 20k cr in state - Firstpost