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Vibrant Gujarat Delegation meets UK leading cos, Govt

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To establish an association between Gujarat Government and UK the business community and to focus on increasing collaboration with Indian companies, a high powered delegation from Vibrant Gujarat India visited UK. Asian Lite news reports…

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Delegates at the Indian High Commission

United Kingdom (UK) extended a warm welcome to the visiting Vibrant Gujarat delegation from India. The meeting of the delegation focused on connecting businesses between the UK and the state of Gujarat in India with focus on manufacturing, healthcare, life sciences, infrastructure systems, cities and transport systems to name a few and to promote Vibrant Gujarat summit.

As part of its journey towards sustainable long-term growth and inclusive development, Gujarat India is organizing the 8th edition of the Vibrant Gujarat Global Summit from the 10th to 13th of January 2017 at Mahatma Mandir, Gandhinagar.

The Summit will bring together Heads of States and Governments, Ministers, executives from the corporate world, senior policy makers, heads of international institutions and academia from around the world to further the cause of development and promote cooperation.

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Mamta Verma , Industries Commissioner , Gujarat with Midas and UKTI representative

The Vibrant Gujarat delegates discussed possible investment synergies in start-ups between Israel and Gujarat, emphasizing on implementation of IT in academia, solar technology, agriculture sector and possible collaboration in the area of Defence, Technology and R&D.

There was a discussion of crowd funding initiatives and institutional structure for incubation and startups connections. Innovative UK companies shared their experience of working for the development of solar fuel cells along with automotive hybrid and electric vehicles.

Manchester’s Investment and Development Agency (MIDAS) representatives met officials from the Vibrant Gujarat Delegation with keen interest and extended their services and support in the form of collaboration in IoT, Advance Manufacturing, Technology and ICT sectors in the state of Gujarat.

unnamed (3)The Vibrant Gujarat delegation also visited Salford University, Department of Climate Change which showcased retrofitting of equipment’s that enable energy efficiency and can be replicated by Gujarat. The United Kingdom Trade Investment Authority – North West and the KPMG in Manchester also collaborated to host meetings with the visiting Gujarat delegation.

Mrs. Mamta Verma, IAS, Government of Gujarat, Industries Commissioner said “The UK has greeted us amazingly and it is a combination of good governance, political stability and focus on development of robust physical and social infrastructure. The Gujarat state has not just focused on getting anchor investors, the intention always has been on the development of an enabling ecosystem for facilitating forward/backward linkages, exports. The State Government encourages private sector and foreign investors in funding/co-financing and developing of infrastructure projects. The state has immense potential in solar and wind energy, with a potential of 69,000 MW and 10,000 MW respectively, and most of it has been vastly untapped.”  She further added,” The outcome of our visit to Israel has also been very positive, especially in the startup and innovation sectors. We have received very encouraging response from everyone we met in Israel, and we are really looking forward to a fruitful collaboration, leading to a successful Vibrant Gujarat Global Summit 2017”.

Kiritkumar H Patel, CEO, Urmi Solar Systems Ltd., Member of Vibrant Gujarat delegation said, “UK has a good innovation in renewable energy. They also have done work in gas based equipment. UK has good penetration of rooftop solar across villages as well. Given that we in Gujarat and at Urmi Solar see a lot of opportunity in collaborating with them.”

Mr Vikas Nath, CEO – UK and Europe, Adani Global PTE Ltd. Member of Vibrant Gujarat delegation, added, “We have had excellent meetings with companies having interest in financial services, technology, manufacturing and ICT based industries. The scope for collaboration is immense, and the time has never been better for Gujarat to capitalize on business opportunities from the UK”.

unnamed (2)Mr Sunil Parekh of Zydus Group and a senior member of the delegation added, “We have had excellent meetings in the area of startup and tech innovations, water-based solutions and aerospace and defence collaboration. The spectrum for collaborating with Israel is massive.”

The Vibrant Gujarat Global Summit, which started in 2003 to rekindle the pace of investments in the state, has since established itself as the most important business events in the country.

Vibrant Gujarat Global Summit is an example of the visionary approach of the Government of Gujarat towards inclusive and sustainable development by ensuring policy coherence and effective investment promotion.

Far from the regional investment fair that characterized the first Summit in 2003, the biennial Summit has today become a unique forum for ideation, knowledge sharing, networking, explore business opportunities, sign cooperation agreements and partnerships, while setting the policy agenda to meet some of the current national challenges.

 

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