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Narendra Modi gets massive endorsement from business honchos

Gandhinagar, Jan 11: Fresh from his impressive win in assembly polls, Gujarat Chief Minister Narendra Modi today received a resounding endorsement from Indian and foreign industry bodies for his “grand vision” for development with Anil

PTI Published : Jan 11, 2013 18:37 IST, Updated : Jan 12, 2013 6:57 IST


Mukesh Ambani, his brother and Chairman of Reliance Industries, echoed his views, describing the chief minister as a “leader with grand vision and determination to translate that vision into reality”.

“We began from Gujarat and we come back here again and again to invest. We have committed investment of Rs 100,000 crore in Gujarat. We will expand our operations in Gujarat in Jamnagar and Hazira,” he said, adding Reliance was proud to be called a “Gujarati company”.

Ambani also committed further investment of Rs 500 crore in Pandit Dindayal Upadhayay Petroleum University.  Present among a galaxy of business leaders at the event was Chairman Emeritus of the Tata group Ratan Tata, whose dream car Nano saw the light of the day in Gujarat's Sanand after a political turmoil forced him to pull out the project from West Bengal.

“Earlier, I had said that it would be stupid not to be in Gujarat... It was only stupid that apart from the Tata Chemicals investment made earlier we were not here. But now Tata group has committed to invest or has already invested Rs 34000 crore here,” Tata said.

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