The paeans continued and the pledges. The Essar Group, which is investment of more than $20 billion (Rs. 1,09,481 crore) in the state so far, said it would invest another Rs. 14,000 crore in the ports sector, of which Rs 4,000 crore will be for bulk water supply. The move that was expected to create 15,000 jobs, Shashi Ruia, chairman of Essar Group said.
“Mr Modi has proved that good economics can co-exist with good politics. Gujarat has buckled the effects of the slowdown and recession in other parts of the country,” Mr Ruia said.