Gujarat govt inks MoUs with four companies for Rs. 1113 crore investment in the State

Gandhinagar: Four more MoUs were signed today here by the Government of Gujarat and four companies for total proposed investments of Rs. 1113 crore in Gujarat ahead of the Vibrant Gujarat summit 2024.

Meghmani Crop Nutrition Ltd signed MoU for setting up Rs. 300 crore plant to produce Nano liquid fertilizer by year 2025-26 at Sanand.

Wonder Cement Ltd as per the MoU signed today, will set up Rs. 550 crore manufacturing project at Tulsi village in Desar taluka, creating around 50 new jobs.

Hami Weavelon Pvt Ltd will set up Rs. 114 crore plant at Pipodara in Mangrol taluka to manufacture viscose staple yarn and polyester staple yarn. The plant will create around 300 opportunities of employment.

Morai Infra Pvt Ltd will set up Rs. 149 crore industrial park at Dungari in Valsad district, creating employment opportunities for estimated 3500 persons.

In the series of MoU signing every week ahead of the Vibrant Gujarat summit 2024, so far Rs. 3874 crore investments are proposed through 14 MoUs. When operational, these industries will result in to creation of estimated 9,500 new opportunities of employment – 2100 in textile, 700 in engineering, 500 in pharma and 3085 in chemical sectors, said the State government in a note. DeshGujarat