Vibrant Gujarat Pitches For Global Investments

Advertisement

High-level delegation from the State including CM Bhupendra Patel visited Expo2020 Dubai to promote Vibrant Gujarat Summit 2022…reports Asian Lite Newsdesk

Gujarat Chief Minister Shri Bhupendra Patel visited the India Pavilion at EXPO2020 Dubai today and made a strong pitch to global investors to capitalise on the state’s ease of doing business, conducive policies, robust industrial eco system and futuristic infrastructure.

The Chief Minister is leading a high-level delegation to the United Arab Emirates to promote the upcoming ‘Vibrant Gujarat Global Summit 2022’ to be held in January.

Indian Pavilion at Expo 2020 Dubai

The visit is part of the state’s plans to engage with global investor community, government representatives, heads of companies, trade & industry chambers and promote the 10th edition of Vibrant Gujarat Global Summit 2022. Shri Patel, along with other officials would be showcasing the tremendous business opportunities that the state offers.

Speaking on his visit to the India Pavilion, the chief minister said, “As part of celebrating India’s 75th year of Independence, a special show is organized at the Dubai Expo. India’s progress is showcased in areas like science and technology, industrial growth, agriculture and space sciences.”

“It’s heartening to see the Image of a new India on an international platform like the Dubai Expo. Our Hon’ble Prime Minister Shri Narendra Modi is propelling India to set new benchmarks of development and progress. I am truly impressed watching the India pavilion at this Expo”, he added
The delegation is meeting Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, UAE, Mr. Sultan Ahmed bin Sulayem, Chairman and CEO, DP World at the Expo 2020 site and is slated to hold a Vibrant Gujarat Roadshow in the city, later in the evening.

Vibrant Gujarat Global Summit, a biennial event was conceptualised in 2003 under the visionary leadership of Narendra Modi, Prime Minister of India (then the Chief Minister of Gujarat). Continuing the success of Vibrant Gujarat Summits, Government of Gujarat is organizing the 10th Vibrant Gujarat Global Summit with the central theme: ‘From Aatmanirbhar Gujarat to Aatmanirbhar Bharat’, scheduled on 10-11-12 January 2022 in Gandhinagar, Gujarat. The Summit will be inaugurated by Narendra Modi, Hon’ble Prime Minister of India.

Gujarat CM Bhupendra Patel meets with UAE Minister for Foreign Trade Thani Al Zeyoudi at Expo 2020

As per industry reports, at USD 22 billion, Gujarat received the highest amount of FDI equity in India for FY2021, accounting for 37 percent of the total FDI received in the country. It is a national leader in Chemicals & Petro-chemicals, Pharmaceuticals, Gems & Jewellery, Automobile & Auto parts, Textiles among other sectors. The state accounts for 17 percent to India’s industrial output with 11 percent of the country’s factories located there.

Meanwhile, Chief Minister Bhupendra Patel met industry leaders in one-on-one meetings during his visit to Mumbai earlier this month, as a pre-cursor to the Vibrant Gujarat Global Investors Summit (VGGIS) 2022.

As a pre-cursor to the summit, Patel was in Mumbai for a road-show to invite investors to Gujarat.

“The Vibrant Gujarat Summit which was conceptualized in 2003 by the then Chief Minister Narendra Modi, has built Gujarat’s global brand image. When he initiated the summit, it was a new experiment for the nation and the world. Today, it is a global brand image to reckon with,” said Patel.

“The summit has evolved, focusing on global issues, their solutions and opportunities available worldwide in addition to promoting investment in the state. Networking and knowledge sharing are other pertinent takeaways. Gujarat is deeply committed to fulfilling the Prime Minister’s vision of Atmanirbhar Bharat for the growth and development of India’s citizens,” added Patel.

Addressing leading industrialists and business delegates in Mumbai, he stressed on the dominance of Gujarat as the country’s most preferred investment destination across the globe. “Gujarat has an all-inclusive, all-round development ecosystem and with industry-friendly policies, the state is ready to welcome global and local industries/businesses seeking to re-locate in post-corona times,” added Patel.

ALSO READ: Indian Textile Inc rolls out the red carpet

“We aim to attract investment in sectors such as next-generation infrastructure, energy, digital network, fintech, start-up, artificial intelligence, emerging technologies. The VGGIS Summit is the best platform to be a part of the development journey from ‘Atmanirbhar Gujarat to Atmanirbhar Bharat’,” said Patel.

He invited financial institutions, fintech companies and startups present in the interactive meet to invest and do business in Gujarat’s GIFT City.