A MoU was signed between Gujarat Alkalies & Chemicals Limited (GACL) and GAIL (India) Limited for setting up a 500 Kilo Litre Per Day (KLD) capacity Bioethanol plant in Gujarat and for cooperation in other business areas of mutual interest.
Indian Government & the Germany Development Bank- KfW (Kreditanstalt fur Wiederaufbau) signed a 442.26 million Euro loan for a 40.35 km Surat Metro Rail project in Gujarat.
Indian govt has approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing and the scheme will help in making India a global hub for hi-tech production, and attract large chip makers.