Advait Infratech inks MoU for fuel cell and electrolyzer manufacturing at Vibrant Gujarat 2024 Summit

New Delhi, January 05, 2024: Renewable energy company Advait Infratech, has signed an MoU during the Vibrant Gujarat Global Summit 2024 for the manufacturing and assembly of Fuel Cell and Electrolysis at Kadi, Mehsana, Gujarat. The ceremony, held at Gandhinagar, Gujarat, witnessed the exchange of MoUs amounting to a staggering 7 lakh crores on January 3, 2024 in the renewable energy space. Shalin Sheth, the Director of Advait Infratech, formally signed the MoU, with Rutvi Sheth, the Director of Communications and Public Relations.

The MoU was signed in the presence of The Chief Minister of Gujarat, Bhuperdrabhai Patel, the Home Minister of Gujarat, Harsh Sanghavi, and the Minister of MSME. Key management personnel of Advait Infratech were also present at the ceremony. 

Advait Infratech's move into the manufacturing and assembly of Fuel Cell and Electrolysers aligns with the summit's key focus on green and renewable energy. The government of Gujarat would facilitate Advait Infratech Limited to obtain necessary permissions/registrations/approvals/clearances, etc. from the concerned departments of the State, as per the existing policies/rules and regulations of the State Government.

Shalin Sheth, Director, Advait Infratech, expressed his enthusiasm about the collaboration, stating, "This MoU signifies a crucial step towards realizing our vision of a sustainable and self-reliant India. Advait Infratech is committed to pioneering innovations in the renewable energy sector, and our partnership at the Vibrant Gujarat Summit 2024 is a testament to our dedication to green and clean energy solutions."

Rutvi Sheth, Director, Communications And Public Relations, emphasized the importance of effective communication in driving positive change, stating, "Our role extends beyond the boardroom, and we believe that effective communication is essential in creating awareness and fostering a collective responsibility towards environmental sustainability. We are proud to be part of this transformative journey.”

The Vibrant Gujarat Summit has been a catalyst for economic growth and development for the past two decades. Across 17 series, a total of 234 MoUs were signed, projecting investments surpassing Rs 10,31,250 crore. Spanning diverse sectors, these investments are anticipated to generate over 12,89,078 employment opportunities. Gujarat has solidified its position as a favored investment destination for both domestic and international investors.