Vibrant Gujarat 2009

Proposals of nearly 13 major projects from domestic as well as foreign investors worth over Rs 40,000 crore have already been lined for the Vibrant Gujarat hoopla.These include investments in manufacturing of sectors like chemicals, electronics, engineering, automotive, cement as well as real estate projects by investors like Hindustan Semiconductors & Manufacturing Co, Dow Chemicals, Hindustan Zinc Ltd, SRF Ltd, SKF Technologies, Ashland India and Ceat Ltd among others. Of course, the Rs 30,000 crore Fab City being mooted by Hindustan Semiconductors & Manufacturing Co for the manufacture of semiconductors on a 700-acre land near Prantij is expected to be among the biggest projects to be inked at the upcoming summit.“Of the 13 major projects lined up for MoU signing at the summit, five of them are from foreign investors,” a source said, adding that the Gujarat Industrial Development Corporation has already initiated the process of acquiring land for projects that have sought land from the government.