Over 71,000 Vibrant Gujarat projects implemented: Socio Economic review

Of total 1,04,872 projects proposed during the Vibrant Gujarat Global Investor Summits held in the state since 2003, more than 71,000 projects were commissioned while over 3,000 others are under progress, the Socio Economic Review of 2022-23 said. The report was tabled in the Gujarat Assembly on Friday as part of the state Budget for 2023-24 presented by Finance Minister Kanubhai Desai. A total of 1,04,872 projects were filed for MoUs and investment intentions during Vibrant Gujarat Global Investors Summits held between 2003 to 2019. The last summit was held in 2019. Of these, 71,323 projects were completed while 3,080 projects were in the pipeline, it said. Citing data from the Annual Survey of Industries, the report said the number of factories in Gujarat increased from 26,842 in 2018-19 to 28,479 in 2019-20, showing a growth of 6.10 per cent. "The Net Value Added (NVA) by factory sector in the state has increased from Rs 1,88,028 crore in 2018-19 to Rs 1,90,257 crore in ...

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