5,492 MoUs worth Rs. 5.78 lakh crore finalized at the VGRC Rajkot: State Govt

Rajkot, 12 January 2026: The two-day ‘Vibrant Gujarat Regional Conference – Kutch and Saurashtra’, organised at Marwadi University in Rajkot, concluded on Monday. During the conference, Cabinet Minister Jitubhai Vaghani announced that 5,492 Memoranda of Understanding (MoUs) involving investments worth Rs. 5.78 lakh crore were signed.

Addressing the valedictory ceremony at Marwadi University, Cabinet Minister Vaghani said the state government has prepared a clear roadmap to develop Saurashtra and Kutch by 2047. He stated that during the first Vibrant Gujarat in 2003, only 80 MoUs worth Rs. 66,000 crore were signed, whereas at this regional conference held in Rajkot alone, 5,492 MoUs worth Rs. 5.78 lakh crore have been finalized.

Expressing confidence that the in-depth discussions held across various sectors during the conference would prove to be guiding for industries, the Minister urged more and more industrial units and citizens to take advantage of the Vibrant Gujarat Regional Exhibition being organized till January 15.

On this occasion, State Environment Minister Arjunbhai Modhwadia stated that the ‘Vibrant Gujarat Regional Conference’ has become a major platform showcasing the potential of Saurashtra-Kutch to the world. Referring to various historical anecdotes, he said that entrepreneurship runs deep in the veins of the people of Kutch and Saurashtra. Introducing the industrial strengths of various sectors of Saurashtra, the Minister said that every region of the state is endowed with some form of skill, with Saurashtra holding a dominant position.Speaking about progress in the semiconductor sector in the country and the state, he said that Gujarat will become a hub for the semiconductor sector by 2027. On this occasion, he called upon industrialists of Kutch and Saurashtra to move ahead by investing in new-age technology sectors.

In her welcome address, Industries and Mines Department Principal Secretary Mamta Verma described the Vibrant Gujarat Regional Conference of Saurashtra-Kutch as a moment of pride, stating that over the past two days, a strong platform has been provided to entrepreneurs through the convergence of “scale and skill.” Through B2B, B2G, reverse buyers-sellers meets, and more than 50 seminars, the younger generation has also found a new direction.

On this occasion, Industries Commissioner Shri P. Swaroop presented holistic details of the successful journey of the Vibrant Gujarat Regional Conference through a presentation.

Founder of Marwadi University, Ketan Marwadi, in his address stated that the Vibrant Gujarat Regional Conference has proved that India today is reaching new heights on the global stage. The presence of representatives from 24 countries and 4,000 entrepreneurs at the conference under the leadership of Prime Minister and Chief Minister is a historic achievement.

During the program, the book “Kutch & Saurashtra: Anchoring Gujarat’s Vision 2047” was released by the dignitaries present.

On this occasion, entrepreneurs from various MSMEs, handicraft artisans, and the Industries Department who delivered outstanding performance were felicitated with awards. The management of Marwadi University was also felicitated with gratitude. DeshGujarat