Prime Minister Narendra Modi will inaugurate the seventh edition of the Vibrant Gujarat Global Summit, an event he conceptualised as the chief minister to attract global investors to the state.
The Prime Minister’s Office “has kindly consented for the presence of the honourable PM at the inauguration”, Gujarat Chief Minister Anandiben Patel said at the curtain-raiser event of the summit here on Wednesday.
The biennial event will be held between January 11 and January 13, 2015 at Mahatma Mandir in Gandhinagar.
Patel also extended invitations to more than 1,000 industrialists, diplomats, captains of Indian Industry and other Indian states to partner and participate in the summit.
With Gujarat contributing 7.5 per cent of the country’s GDP, the chief minister hoped to have a bigger role for her state in the Indian economy.
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“Today Gujarat accounts for more than 7.5 per cent of India’s GDP, 18 per cent of India’s fixed capital and 25 per cent of India’s exports. Gujarat is thus playing a big role in the Indian growth story.
“We envisage a bigger role for Gujarat as Indian economy grows under the able leadership of our Prime Minister Narendrabhai Modi. In fact, the global community and the industry too will have a much bigger role in taking our economy and social wellbeing to a higher level,” she said.
Patel said the event, which started in 2003 to showcase investment opportunities in the state, has now become a major global networking event.
“To make the pie bigger for everyone we started Gujarat Summit in 2003 and thereafter it has been institutionalised as a biennial event… Today Vibrant Gujarat provides a worldwide platform for knowledge sharing and social and business transformation,” Patel said.
The summit’s seventh edition has seven partner countries – Australia, Canada, Great Britain, Japan, the Netherlands, Singapore and South Africa.
Highlighting the importance of the summit, Patel said in the 2015 edition, the government was giving considerable thrust to social sectors including health, education, women empowerment and specialised areas such as innovation and climate change.
The Chief Minister said “the last six summits have been a resounding success”.
Patel said the Vibrant Gujarat Summit 2013 had witnessed participation from nearly 121 countries with over 2,100 foreign delegates and around 58,000 Indian delegates. As many as 17,719 investment intentions and about 2,700 strategic partnerships were signed in the areas including technology transfer, R&D, education and manufacturing during the summit.
“We have created an entire eco-system that assures business friendly and investment conducive environment – be it re-engineering of our systems, creating requisite infrastructure, skilling our manpower or networking for finances,” Patel said.
Gujarat Finance and Industries Minister Saurabh Patel said keeping in mind the requirements of the industries the state government has kept aside Rs 1,000 crore alone for skill development.
“It’s a win-win situation for both (the investors as well as the government). In 2003, we had no partner country, Today we have seven partner countries,” the Finance Minister said.
Announcing a five-year export policy for Gujarat, first state in the country to have an export policy, the minister said, “All this has been achieved by strenuous efforts of the Gujarat Government such as removing multiple licenses, introducing single-window clearances and a transparent governance model in promoting this very spirit.”
Ambassadors of Japan Takeshi Yagi and Republic of Korea Joon-gyu Lee also called on Anandiben Patel and discussed issues related to bilateral ties. A high level delegation from Thailand embassy and the representatives from Israel embassy also called on the Gujarat CM here.