Search Result for : Vibrant Gujarat Summit

The Dollar Business Bureau Vijay Rupani, Honourable Chief Minister of Gujarat, today inaugurated the new office of Multi Commodity Exchange of India Ltd. (MCX), India’s largest commodity exchange at GIFT City, Gandhinagar. This office admeasuring over 22,600 sq ft. will house the Exchange’s Business Continuity (BC) and Disaster Recovery (DR) centre and a training and education facility. With an intent to expand the Exchange’s operations in terms of BC and DR, Training & Education and Technology (Software Development and Information Technology Operations), MCX had entered into an MoU with the Gujarat International Finance Tec-City (GIFT City) Company Ltd. during the recently concluded Vibrant Gujarat Global Summit. MCX intends to invest over Rs. 30 crore, apart from creating an employee strength above 100, in ...

Ranjeet Mahtani and Stella Joseph On the sidelines of Vibrant Gujarat Global Summit, Finance Minister Arun Jaitley has reiterated the intent to roll out GST by April 1, 2017, while acknowledging that it will be a difficult goal to achieve, and this being subject to sorting out of pending (thorny) issues at the level of GST Council (GSTC). The Finance Minister is charged up with the handsome growth in Central Excise and Service Tax collections (customs duty revenue showed marginal growth) for the fiscal of 2016-17. GSTN There has been some delay in enrolment procedure of taxpayers on to the GST Network (GSTN); the schedule for migration has been revised and it is noteworthy that for existing service tax assesses, there has been postponement from ...

The Dollar Business Bureau During the Vibrant Gujarat Global Summit 2017, memorandum of understandings (MoUs) worth Rs.8,835 crore were signed in textile sector in different areas including textile parks, carpet development, textile processing and machinery. Textiles Minister Smriti Zubin Irani witnessed the signing of MoUs.  “Gujarat produces 29% of India’s total cotton production and this indicates the trust of textile industries in the prospects of the state, said Irani while addressing a seminar on 'Make in Gujarat' at the Summit in Gandhinagar on Thursday.  Irani also gave assurance of support from her Ministry for the development of textile value chain of the state and for exploring opportunities in technical textiles and research. The Textiles Minister further said as a place having one of the largest concentrations ...

The Dollar Business Bureau Saudi Arabia invited India to play a major role in the Gulf nation’s economic transformation as it looks to reduce its dependency on oil exports after a long period of decline in crude oil prices and rise of use of new fuels by expanding its income sources and to attract foreign investment. We are now looking to a post-oil age that will usher in an era of world-class technological research, start-up development, entrepreneurial vigor and vast investment opportunities. We welcome India as a central participant in this exciting new phase of our country's profound growth,” said Saud Al Sati, Saudi Arabia’s Ambassador to India at the ongoing Vibrant Gujarat Global Summit in Gandhinagar on Wednesday. A business delegation of 20 high-profile members has been sent by the Kingdom ...

PTI With the government taking steps to improve business climate, total FDI inflows in the last two-and-a-half years have touched USD 130 billion, Prime Minister Narendra Modi said today. Modi, while addressing investors at the Vibrant Gujarat summit here, also said that 'Make in India' initiative has become the "biggest brand" that the country has ever had. "The total FDI in the last two-and-a-half years have touched USD 130 billion. "The FDI equity inflow in the last two financial years was 66 per cent higher as compared to previous two financial years. In fact, the total FDI inflows received during the last year have been the highest ever," he said. He said the number of countries from where FDI is coming in, and ...

PTI Fifty top CEOs will interact with Prime Minister Narendra Modi and Finance Minister Arun Jaitley at the Vibrant Gujarat Global Summit, a senior official said on Monday.The meeting will be held as part of the 'Global CEO Roundtable' after the official inauguration of Vibrant Gujarat Global Summit on January 10 at Mahatma Mandir here.Out of these top 50 industry leaders, 25 will be from India while the remaining will be from countries like US, Japan, France, UK, the Netherlands and Taiwan, Additional Chief Secretary (Industries and Mines) P K Taneja told reporters."After the inauguration of Vibrant Summit, which will take place at around 3.30 pm on January 10, our PM, FM and Gujarat Chief Minister Vijay Rupani will attend Global ...

Manishika Miglani “Gujarat is the only power surplus-state in the country which has helped us bring industrial revolution while also creating employment at the same time,” said Gujarat Chief Minister Vijay Rupani during the curtain raiser of the 8th Vibrant Gujarat Global Summit 2017 held in New Delhi. He shed light on the fact that the state has 102 product clusters, over 200 industrial estates, 19 operational SEZs and 13 Special Investment Regions. “For ease of doing business, we are making infrastructure, framing policies and taking all the relevant steps,” added Rupani. He said “Gujarat is the top contributor to the economy because of its industrial excellence and conducive environment for business opportunities”. Rupani also appealed to key industrialists to be a partner with the state ...