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PM to address Investor Summit in Gujarat on 13th August

Published By : Admin | August 11, 2021 | 21:35 IST
Summit is being organized to invite investment for setting up vehicle scrapping infrastructure

Prime Minister Shri Narendra Modi will address Investor Summit in Gujarat on 13th August 2021 at 11 AM via video conferencing. The Summit is being organized to invite investment for setting up vehicle scrapping infrastructure under the Voluntary Vehicle-Fleet Modernization Program or the Vehicle Scrapping Policy. It will also draw focus on the synergies presented by the ship breaking industry at Alang, for development of an integrated scrapping hub.

The Summit is being organized by the Ministry of Road Transport and Highways and Government of Gujarat. It will be held in Gandhinagar, Gujarat and will see participation from potential investors, industry experts, and concerned central and state government ministries.

Union Minister for  Road Transport & Highways  and Chief Minister of Gujarat  will also be present on the occasion.

About Vehicle Scrapping Policy

The Vehicle Scrapping Policy is aimed at creating an eco-system for phasing out unfit and polluting vehicles in an environment friendly and safe manner. The policy intends to create scrapping infrastructure in the form of Automated Testing Stations and Registered Vehicle Scrapping Facilities across the country.

 

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Prime Minister Shri Narendra Modi today highlighted that India’s digital infrastructure journey is gathering remarkable momentum. The Prime Minister noted that AirTrunk has announced plans to invest around Rs. 3 lakh crore ($30 billion) in India and develop 5 GW of data centre capacity, observing that this is among the largest proposed investments in the country’s digital infrastructure ecosystem.

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The Prime Minister posted on X:

"India’s digital infrastructure journey is gathering remarkable momentum.
AirTrunk has announced plans to invest around Rs. 3 lakh crore ($30 billion) in India, and develop 5 GW of data centre capacity. This is among the largest proposed investments in the country’s digital infrastructure ecosystem.

Such investments will strengthen India’s position as a global hub for cloud computing and AI, while generating employment opportunities, supporting local supply chains and accelerating innovation-led growth.

It is clear that the future of the world’s digital economy is increasingly being shaped in India!"