Event to bring together senior representatives from Google, IBM, Accenture, Capgemini, NYSE Group, Amazon Pay, NASDAQ, Stonex, Wells Fargo, and Standard & Poor’s…reports Asian Lite News
As part of the Vibrant Gujarat Global Summit (VGGS) 2024, Prime Minister Narendra Modi is set to engage with leaders of global fintech companies at the ‘Global Fintech Leadership Forum’ scheduled for January 10.
This meeting will bring together senior representatives from major global companies, including Google, IBM, Accenture, Capgemini, NYSE Group, Amazon Pay, NASDAQ, Stonex, Wells Fargo, and Standard & Poor’s (S&P).
Tapan Ray, Managing Director and Group CEO of GIFT City shared insights during a press conference, outlining the significance of this forum.
He mentioned that each global fintech leader would present their future project prospects to the Prime Minister. This initiative aims to strengthen collaboration and foster innovation in the financial technology sector.
Ray said, “A seminar on ‘Gift City – an inspiration of modern India’ will be organized at Mahatma Mandir Convention Center on January 11. This seminar will be divided into two sessions, inauguration and panel discussion. The inaugural session will be addressed by Union Finance Minister Nirmala Sitharaman. Finance Minister of Gujarat Government, Kanubhai Desai, Hasmukh Adhia, Chairman of GIFT City, and K. Rajaraman, Chairman of IFSCA will be present in this program”.
Following the fintech forum, a seminar themed ‘GIFT City – An Inspiration of Modern India’ is scheduled for January 11 at the Mahatma Mandir Convention Center.
The event, organized in collaboration with the Government of Gujarat, will include an inaugural session featuring Union Finance Minister Nirmala Sitharaman, Finance Minister of Gujarat Government Kanubhai Desai, Hasmukh Adhia, Chairman of GIFT City, and K. Rajaraman, Chairman of IFSCA.
The seminar will encompass three-panel discussions, each focusing on crucial aspects of modern India’s financial and urban landscape.
The first panel, ‘Creating the Roadmap for the Future of Finance – The Role of International Financial Centres,’ aims to discuss GIFT City’s advancements and its position among international financial institutions.
Factors such as taxation and ease of doing business have elevated GIFT City to global standards.
The second panel, ‘The Right Connect of Tech and Fin – Emerging Trends Globally,’ will explore the integral role of technology in various sectors and delve into GIFT City’s contribution to fostering technological advancements in finance, insurance, and capital markets.
The third panel, ‘Urban Resilience: Building Sustainable and Future Proof Cities,’ will deliberate on strategies for sustainable living and businesses in the face of limited resources.
Tapan Ray highlighted India’s commitment to becoming a global thought leader in environmental preservation and the use of alternative energy sources.
He emphasized GIFT City’s role in promoting India on the global financial map.
Ray concluded by extending a warm invitation to stakeholders, industry experts, and policymakers to participate in this session.
Investment proposals worth over Rs 7 lakh crore inked in a day
Investment proposals worth more than Rs 7 lakh crore were inked in a single day, mostly in petrochemicals, oil and gas, in the run-up to the much-awaited Vibrant Gujarat Global Summit.
NTPC has proposed investment worth Rs 1.50 lakh crore, Torrent Power Rs 48,000 crore, Power Finance Rs 25,000 crore, ONGC Rs 11,800 crore, GIPCL Rs 7900 crore, Power Grid Rs 15000 crore, HPCL Rs 4000 crore, NHPC Rs 4000 crore, IOCL Rs 1700 crore, Arvind Limited Rs 3000 crore, and ArcelorMittal Rs 1 lakh crore.
Separately, so far, 234 MoUs in as many as 17 phases, with a potential investment of about Rs 10.31 lakh crore and employment generation of 12.89 lakh were inked, the information department of the Gujarat government said.
Vibrant Gujarat Global Summit, started by Prime Minister Narendra Modi during his chief ministerial days, attracted investors from all over the world to invest in Gujarat, said Bhupendra Patel.
The state government has a proactive approach to enable industry and investors to move forward with ease, said the chief minister.
The Vibrant Gujarat Global Summit was initiated by Narendra Modi in 2003, then chief minister, to put Gujarat on the world map of trade and industry. The tenth edition of the Summit will be held from January 10 to 12, 2024.
The Summit event will be inaugurated by PM Modi on January 10.
The stage is all set for the tenth edition of the Vibrant Gujarat Global Summit, and as many as 100 countries are expected to participate in the three-day-long event.
Managing Director of Gujarat Industrial Development Corporation (GIDC), Rahul Gupta, said on Tuesday said a ‘Global Trade Show’ to be held on January 9 will mark the launch of the 10th edition of the Summit.
“About 100 countries will participate, with among them 32 partner countries and 16 partner organisations,” said Gupta.
Gupta said various seminars will be organised on various themes during the three-day event. For the smooth conduct of the event, several committees have been formed to look after various aspects of the summit. (ANI)
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