Prime Minister Narendra Modi has kicked off a two-day visit to Ahmedabad for the 10th edition of the Vibrant Gujarat Global Summit, held at Mahatma Mandir in Gandhinagar. This year’s theme, ‘Gateway to the Future,’ celebrates two decades of the summit’s success. The event, taking place from January 10 to 12, boasts global participation with representatives from 135 countries and over 2000 exhibitors, including UAE President Sheikh Mohamed bin Zayed Al Nahyan.
PM Modi expressed his joy at various world leaders joining the summit, with a special mention of his brother, HH Mohamed Bin Zayed. The summit, a platform close to Modi’s heart, has significantly contributed to Gujarat’s growth and provided opportunities for many.
Key Highlights of the Summit
- Over the years, the summit has become a global stage, drawing participants from 135 countries and over 2000 exhibitors. This year, the UAE President’s presence adds prestige to the event.
- Celebrating 20 years of success, the summit’s theme emphasizes Gujarat’s role as a gateway to future opportunities. With 34 partner countries and 16 partner organizations, this edition promises extensive collaboration.
- PM Modi is set to engage in bilateral meetings with world leaders and CEOs of top global corporations during his visit, fostering international relations and business collaborations.
- The Gujarat government anticipates signing numerous investment pacts during the summit. The state has been a significant FDI magnet, attracting $55 billion in the last two decades, with $4.9 billion in FDI for 2022-23 alone.
- Gujarat’s auto sector, securing 13% of the state’s FDI, has outperformed the national average. Auto exports reached ₹12 lakh crore in the financial year 2022-23, constituting 33% of India’s total exports.
- While officials hope for record investments, they remain cautious about confirming Tesla’s participation, keeping expectations in check.
- The summit ensures effective communication and security with dedicated frequency channels, control rooms equipped with CCTV monitoring, and 3D mapping of venues using drones.
- The 2019 edition of the summit witnessed a record 28,360 projects and MoUs signed, highlighting its growing importance on the global stage.
- Hindustan Aeronautics Limited (HAL) showcased its capabilities at the ‘Vibrant Gujarat Global Trade Show 2024,’ aligning with the ‘Aatmanirbhar Bharat’ vision.
- Hank Schouten, Chairman and Founder of Schouten Europe company, recognized significant opportunities in India, particularly in the plant-based protein sector.
The Vibrant Gujarat Global Summit continues to be a significant platform for fostering economic growth, international partnerships, and showcasing Gujarat’s potential on the global stage.
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