GANDHINAGAR, India -- Leading Indian conglomerates touted a series of large-scale investments in Gujarat at a key business forum this week, doubling down on their presence in the home state of Prime Minister Narendra Modi.
Tata Group "is on the verge of concluding and announcing a huge semiconductor fab in Dholera" in Gujarat, said Natarajan Chandrasekaran, executive chairman of group holding company Tata Sons, at the opening ceremony of the Vibrant Gujarat Global Summit on Wednesday. The event is typically held every two years to court investment in the state.
