India Inc flock Gujarat: RIL commits Rs 100Kcr in 3 yrs

Corporate India is singing Narendra Modi's tune. India's top business leaders reiterated their commitment to the state pledging large investment. Overall India Inc pledged to invest over Rs 1.6 lakh crore. RIL will invest Rs 100,000 crore in Gujarat over three years.

Here are a few voices from the summit. Mukesh Ambani said, "We have always believed that it is better to speak by action than words. It is my pleasure to tell you narendra bhai that we have committed over a hundred thousand crores and in the next three years we will again invest under your leadership back into Gujarat." "The Tata group has invested or is committed to invest Rs 34,000 crore in the state of Gujarat. I believe that Gujarat with it's high standards, setting of goals and unwillingness to accept second best, will continue to differentiate itself from other locations and attract investment," Ratan Tata added. Reliance ADAG Chairman Anil Ambani said, "Narendra Bhai has Arjuna like clarity of vision and purpose. It is this over all combination of Narendra Bhai that has acted as a huge magnet for investors and entrepreneurs from India and across the world in the past decade in a meaningful way. The Reliance group is a large investor in the state of Gujarat and I am enthused by pro actively pursuing growth opportunities in the state in the coming years." The Vibrant Gujarat Summit 2013 is being held at Mahatma Mandir in Gandhinagar. Around 50,000 delegates from India and 1,800 others from 105 countries are said to be participating in it.