PM Modi inaugurates the Vibrant Gujarat Summit 2024 in Gandhinagar, Gujarat

Live updates for the vibrant Gujarat summit: At Gandhinagar's Mahatma Mandir, the Vibrant Gujarat Global Summit 2024 got underway today, January 10. After pandemic limitations forced the cancellation of the 2021 edition, the event represents a major comeback for the state. On Tuesday, Prime Minister Modi opened the 10th Vibrant Gujarat Global Trade Show 2024. The Summit, which takes place from January 10–12, has "Gateway to the Future" as its subject. Presidents, prime ministers, and CEOs of multinational corporations (MNCs) from several nations are among the notable group of world leaders taking part in this summit, which has 34 partner countries and 16 partner organizations. PM Modi will have one-on-one meetings with the CEOs of significant international companies including Suzuki Motor Corp.

During the Summit.In 2015, there were 21,304 Memorandums of Understanding; in 2017, there were 24,774 agreements, of which almost 70% were realized. Ninety percent of the Memorandums of Understanding this year will be fulfilled, according to officials.In Gujarat, Darshan Hiranandani's business constructs a ₹500 crore data center. Livestream: Bright Gujarat Summit On Wednesday, Yotta Data Services, which Darshan Hiranandani pushed, announced the GIFT City data center's ₹500 crore commissioning. The plant has a 2 MW electricity capacity, and the corporation has invested ₹500 crore over the last five years to create it, according to an official release. Speaking at the ninth Vibrant Gujarat Global Summit 2024 here, a top representative from Yotta's business partner, the multinational computer company Nvidia, stated that the "artificial intelligence data center" will open by March of this year.According to the announcement, the G1 data center provides colocation, cloud, managed IT, and cyber security services for processing and storing data and applications for a range of use cases, including enterprise apps and AI models. According to the announcement, the company has invested in comparable facilities in other states, such as Maharashtra, making this its sixth facility in the nation. It also has 350 racks. The company's co-founder and chairman, Hiranandani, stated that Gujarat, along with GIFT City, has been leading the way in offering international companies a feasible and long-lasting foothold in India. An additional indication of their strategy for financial services companies is the creation of the IFSC zone. We are honored to back the Gujarati government's mission," he continued. (PTI)