As many as eight MoUs were signed in the agro and food processing sector, in the presence of Gujarat’s Agriculture Minister Raghavji Patel, on the second day of the ongoing Vibrant Gujarat Global Summit.

Among these MoUs, Asandas and Sons Pvt. Ltd. at Mehsana are planning to invest Rs 1,100 crore, Bhitar Enterprises Pvt. Ltd. is planning a Rs 500 crore investment, Tidy Agroceutical Pvt. Ltd. intends to invest Rs 400 crore, Grainspan Nutrients Pvt. Ltd. at Ahmedabad plans a Rs 375 crore investment, and Sanstar Ltd at Ahmedabad is set to invest Rs 300 crore in the state.

Additionally, J.M. Coconut Products Pvt. Ltd. is planning a Rs. 300 crore investment, Mac Patel Foods Pvt. Ltd. in Mehsana is planning to invest Rs. 150 crore, and RPA Agriculture Infrastructure and Solutions Pvt. Ltd. is set to invest Rs. 140 crore in Gujarat.

The summit has also seen several key announcements in the area of semi-conductor manufacturing. Tata Sons chairman N Chandrasekharan announced a semiconductor fabrication plant in Dholera where negotiations will conclude this year.