The much-publicised Vibrant Gujarat Global Investors Summit (VGGIS),which helped Narendra Modi get an image makeover as a business and investor-friendly chief minister within just a year of the 2002 riots,is set to assume national proportions,much like the CM himself.
The Gujarat government,which has already begun publicity for the biennial events seventh edition in 2015,plans to rename it Global Investors Forum,aiming at providing a platform for investors from across the world for pledging investments not just in Gujarat,but across the country.
According to sources in the states industries department,the plan is not to keep the event limited to Gujarat. So far,the summit,which began in 2003 and has seen six editions,helped participants in facilitating investments in Gujarat. But this time,the plan is to go pan-India, they said,adding that they were still working out the modalities of it.
For the first time,VGGIS held in January this year saw participation from 20 Indian states,with Uttar Pradesh and Madhya Pradesh holding similar business events.
In the next edition slated for January 11-12,2015,at Mahatma Mandir in Gandhinagar,the state government expects participation of at least 125 countries,500 foreign companies and 1500-odd Indian companies. Also,by the time its held,Modis fate at the national level will have been decided.
For the 2015 Vibrant Gujarat edition,the government,apart from its team of ministers,officials and a professional agency,will also rely on the overseas offices of top industrialists.
The Industrial Extension Bureau(iNDEXTb),an arm of the industries department,is also seeking a knowledge partner which has experience of organising at least two international business events in the past five years and which has a global presence. Tenders have been invited and iNDEXTb is busy taking presentations from bidders,which are supposed to provide services for the coming 21 months. The professional agency will have to devise strategies for marketing the event as well as facilitating investments.
For the same,the state government has also formed three committees a core committee headed by power and energy minister Saurabh Patel,executive committee and an advisory committee.
The last edition saw participation by a total of 121 countries and 17,179 investment intentions were inked.