Seeing pick up in investment climate: Essar's Prashant Ruia

In an exclusive interview to CNBC-TV18’s Kritika Saxena, Prashant Ruia, Director, Essar, said he is seeing a pick up in investment climate.

Speaking on the sidelines of Vibrant Gujarat Summit 2015, Ruia said the government has been working towards unclogging problems faced by industry. He feels ordinances on reforms and steps on coal e-auctions are significant.

The 7th edition of the Vibrant Gujarat Summit kicked off Sunday. Looking for lucrative investment opportunities, business heads from across the world converged in Gandhinagar for the two-day summit.

First conceptualised in 2003, this summit is Narendra Modi's pet project. The key speakers at the event included US Secretary of State John Kerry and UN Secretary General, Ban Ki Moon. The Prime Minister's 'Make in India' campaign gets a thumbs up from Indian and global honchos. India Inc too promises big bucks to Gujarat.