"More than 600,000 such MSMEs are present in the state providing opportunities to nearly four million people. Our policies have always been industry-friendly and have managed to attract both domestic and foreign investors through its biennial the Vibrant Gujarat Summit," Patel said. She noted Gujarat is the biggest auto hub in India with companies like Tata, Ford, Maruti, Honda Scooters and others operating from there. Besides, she said there is a huge growth potential in petrochemicals and electronics manufacturing sectors which have attracted investments of Rs.100,000 crore in past two years.
At the MIIW, Gujarat signed three MoUs with a French, Indian and Danish company for various projects. These are development of a marine application for off-shore platform at a cost of Rs.341 crore by France's Tar Kovas Systems, with Danish wind energy major Vestas India for a Rs.426 crore blade factory and another MoU with Ameya Information Ltd, Gujarat.