Vibrant Gujarat
Vibrant Gujarat Global Summit | |
---|---|
2022 | |
Next event | 2024 |
Participants | 45000 |
Patron(s) | Government of Gujarat |
Organised by | iNDEXTb |
Website | vibrantgujarat |
Vibrant Gujarat, also referred to as Vibrant Gujarat Global Summit, is a biennial investors' global
The Vibrant Gujarat Global Summit was first launched in 2003, and over the years, it has evolved into one of Gujarat's most important economic forums.
History
2003
1st Vibrant Gujarat Global Investors' Summit was organized during the
The conventions during the programme had sectoral sessions focus sector – Industrial Investment, Agro-Processing, Biotech- Pharma,
The
About 1,000 business delegates, 125 foreign delegates, 200
MoUs, IEMs, and concrete business plans in the form of proposals worth Rs 55,000 crore were registered with the government.[16] These proposals were submitted in a variety of industries, including electricity, oil and gas, petrochemicals, tourism, biotechnology, agro-foods, research, gems and jewelry, and technical education. 176 project proposals were compiled and were then scrutinized for their viability. Internationally reputed credit rating agencies like CRISIL and CARE lend their support as the financial advisors to these projects. Leading private and public sector banks of India like ICICI, IDBI, State Bank of India, Bank of Baroda, State Bank of Saurashtra, Corporation Bank, IDFC and NABARD have extended their support for financing these projects. CRISIL also worked with iNDEXTb in structuring these projects. At the end of the event, 76 memorandums of understanding (MoU) worth US$14 billion for investment were signed.[17][15]
2005
2005 Vibrant Gujarat Global Investor's Summit was a two-day event organized in India. It started with the
To invite participation from global players, five delegations Led by senior Ministers of Gujarat Cabinet visited different parts of the world to hold discussions with NRIs, NRGs (Non Residential Gujaratis) and foreign investors. From amongst them, several investors and NRIs participated in the event. The summit was planned to coincide with Gujarat's famous Kite festival, Uttarayan, which marks a change of season with the movement of the sun into the northern hemisphere. Sectoral theme pavilions showcasing the strength of Gujarat in the relevant areas were developed. Major industries, Government corporations and Institutions participated in each sector. The event also hosted an exhibition along with seminars on the focus areas for investment in the state. These were IT, Biotech, Agro, Energy, Gas, Petroleum, Non-conventional Energy, Port & port-Led industries, Financial Services, Textiles and Apparels, Gems & Jewellery, Tourism etc. The exhibition was held at the Science City which have more than 200 exhibitors from various sectors. The exhibitions attracted visitors from within the state and outside.
On the first day, the focus sectors were Information Technology, Biotechnology, Agro, Energy, Gas, Petroleum and more importantly Non-conventional Sources of Energy. Seminars and meetings were held in three different halls at the Science City. Potential investors and industrialists had one-to-one meetings with senior officials of the state government and ministers of the cabinet. The concluding day maintained the same momentum and enthusiasm as that of the first day with MoUs being signed by Industry. Several new MoUs were signed in the focus sectors of the day–Agriculture, Engineering, Tourism, Urban Development, Chemicals and Pharmaceuticals, Port & Port Led development, Textiles, Gems & Jewellery. By the time the Summit concluded on the second day, investments worth INR 1060 Billion in the form of MoUs were signed with 226 units. The concluding ceremony was graced by the Union Minister for Commerce & Industry Shri Kamal Nath,
The 227 project proposals totaling Rs 1.06
2007
The Government of Gujarat hosted the 2007 Vibrant Gujarat Global Investors' Summit on 12 and 13 January at Ahmedabad. This was the third such Summit organized by the state government with the first Summit held in 2003 and the second held in 2005. The Vibrant Gujarat Global Investors’ Summit 2007 event was spread over a period of 4 days. On 10 January 2007, a multimedia exhibition-Eternal Gandhi–on life and philosophy of Mahatma Gandhi was inaugurated at Science city, Ahmedabad. On 11 January, an exhibition showcasing the strengths and advantages of the various industries in Gujarat named “Gujarat Discovered” and the International Kite festival at the Sabarmati Riverfront Development site was opened. 12 January saw the inauguration of Global Investors’ Summit at the Science city.[21][22]
Events were attended by
2009
The
Indian Businessmen, including
During the course of two days, 8500 MoUs worth US$243 billion (over Rs. 12,000 lakh crore) are signed. The summit witnessed participation of delegates from 45 countries, amounting to over 600 foreign delegates.[28]
2011
Vibrant Gujarat 2011 Summit was held at Gandhinagar on 12–13 January 2011. It is to be held at a special site dedicated for Vibrant Gujarat named
2013
Vibrant Gujarat 2013 Summit was held for the second time in Gandhinagar on 12–13 January 2013
2015
The 7th Vibrant Gujarat Summit was planned during 11 to 13 January 2015 at Mahatma Mandir, Gandhinagar, Gujarat, India. Six summits held so far had been a resounding success and immensely contributed to the transformation of Gujarat into a "Global Business Hub". The prime focus of Government of Gujarat was Inclusive development and the key areas for development identified included: Innovation, Sustainability, Youth & Skill Development, Knowledge Sharing and Networking. This Summit was an ideal platform for other states and countries to showcase their strengths, highlight business opportunities, facilitate knowledge dissemination etc.
Apart from Summit, Vibrant Gujarat is also known for the Trade Shows. Every year 2000+ Companies do participate in this exhibition, and around 1 million visitors participated in Vibrant Gujarat 2015.
Details about participation of prominent foreign dignitaries and their views about VG & Gujarat
Over 25,000 Delegates from India and 110 other countries participated in the 7th Vibrant Gujarat Summit 2015. Following are the dignitaries and diplomats who marked their presence in Vibrant Gujarat 2015:
- a. Mr. Narendra Modi, Hon’ble Prime Minister
- b. Mr. Tshering Tobgay, Hon’ble Prime Minister, Bhutan
- c. Mr. Nikola Gru`evski, Hon’ble Prime Minister, Republic of Macedonia
- d. Mr. Ban Ki Moon, Secretary General, United Nations
- e. Mr. John Kerry, Secretary of State, USA
- f. Mr. Jim Yong Kim, President, World Bank
- g. Mr. Sam Walsh, CEO, Rio Tinto, Australia
- h. Mr. Mukesh Ambani, Chairman, Reliance Industries Ltd.
- i. Mr. Kumar MangalamBirla, Chairman, Aditya Birla Group
- j. Mr. Ajaypal Singh Banga, President, USIBC
- k. Mr.Yosuke Takagi, Hon’ble State Minister, Ministry of Economy, Trade & Industry, Govt. of Japan
John Kerry, Secretary of State, USA, said, “PM Modi’s Sabka Saath Sabka Vikas sounds like a pretty slogan for all of us to adopt.”
Jim Yong Kim, President, World Bank, said, “We believe India should be the leader in eliminating poverty; it’s a radical and unique opportunity over the next decade.”
Mukesh Ambani, Chairman, Reliance Industries Ltd., said, “I urge each and every investor to follow our path and invest in Gujarat, just as we did.”
Tshering Tobgay, Hon’blePrime Minister, Bhutan, said, “I am here on my economic pilgrimage”
Sam Walsh, CEO, Rio Tinto, Australia, said, “We will add 30,000 Jobs in diamond cutting industry in Gujarat. Looking forward to impetus that Vibrant Gujarat will provide.”
Yosuke Takagi, Hon’bleState Minister, Ministry of Economy, Trade & Industry, Govt. of Japan, said, “Japan is incomplete without India, India is incomplete without Japan.”
2017
After organizing seven successful Summits, Government of Gujarat moved further in its journey towards sustainable long-term growth and inclusive development by organizing the 8th edition of Vibrant Gujarat Global Summit from 10 to 13 January 2017 at
Gujarat Chief Minister Vijay Rupani declared conclusion of the 8th edition of Vibrant Gujarat Global Summit, at Mahatma Mandir on 12 January 2017, on a politically confident note, by inviting all the guests for the next edition of the biennial event in January 2019 even as the state is scheduled to go for assembly elections in 2017. A total of 25,578 Memorandum of Understanding (MoUs) were declared to have been signed by different industrial units. Out of the signed MOUs, 18,533 were from MSME sector, 5,938 from the large-scale sector and 1,107 MOUs were for strategic and technological partnership sector. However, the number of the total worth of MOUs was not declared.[32][33]
2019
9th Vibrant Gujarat Global Summit is scheduled on 18–20 January 2019.[34] Vibrant Gujarat Global Summit 2019 (VGGS) expects to see commitment of investments worth a whopping Rs 50,000 crore in the renewable energy sector in the state.[35] This year United Arab Emirates, Uzbekistan & Morocco are the partner countries for 9th edition of Vibrant Gujarat.[36] The venue for 9th Vibrant Gujarat Global Summit is Mahatma Mandir, Gandhinagar.[37] Kiran vora
2024
The 10th Vibrant Gujarat Global Summit (VGGS) was held from January 10 to 12, 2024, at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat, India.[41][42] The summit, organized by the Government of Gujarat in partnership with the Confederation of Indian Industry (CII) and iNDEXTb, focused on the theme "Gateway to the Future," bringing together global leaders, policymakers, and industry experts to discuss and explore opportunities for sustainable development, economic growth, and international cooperation.[43][44]
The main focus of the Vibrant Gujarat Summit was onMoUs
- Pre-Summit MoUs: Gujarat had signed MoUs for proposed investments totaling Rs 7,12,250 crores. These agreements estimated the creation of 3,70,165 direct and indirect employment opportunities.[52][53]
- Summit MoUs: During the 10th edition of the Vibrant Summit, Gujarat signed the total investment commitment to more than Rs 45 lakh crore across 98,540 projects.[54]
See also
- Madhya Pradesh Global Investors' Summit
- Tamil Nadu Global Investors Meet
- Make In Maharashtra
- Make in India
References
- ISBN 978-81-8400-612-4. Archivedfrom the original on 22 November 2023. Retrieved 19 November 2023.
- ^ "Vibrant Gujarat: Latest News & Videos, Photos about Vibrant Gujarat | The Economic Times". The Economic Times. Retrieved 7 January 2019.
- ^ Gujarat: The Growth Engine of India, Success Stories from Industries. iNDEXTb. 2005. Archived from the original on 19 November 2023. Retrieved 19 November 2023.
- ^ a b ASIT K BISWAS (12 March 2015). "Vibrant Gujarat shows the way for India". The Business Times (Singapore): 1 – via ResearchGate.
- ISBN 978-81-8424-818-0. Archivedfrom the original on 19 November 2023. Retrieved 19 November 2023.
- ^ Gujarat: The Growth Engine of India, Success Stories from Industries. iNDEXTb. 2005. Archived from the original on 19 November 2023. Retrieved 19 November 2023.
- ^ "Vibrant Gujarat Global Summit has evolved into an institution, says PM Modi". Moneycontrol. 27 September 2023. Archived from the original on 2 October 2023. Retrieved 19 November 2023.
- ^ "How vibrant is the Gujarat growth story?". Business Today. 6 February 2013. Archived from the original on 4 October 2022. Retrieved 19 November 2023.
- ISSN 2349-7637. Archived from the original on 20 November 2023. Retrieved 20 November 2023 – via Academia.edu.
- ^ "Gujarat to organise global investor meet". www.rediff.com. Retrieved 5 January 2024.
- ^ Ahmedabad, BS Regional Bureau in. "CM appeals to industrialists to invest in Gujarat". Rediff. Retrieved 5 January 2024.
- ^ "Gujarat ropes in several corporates to sponsor Navratri '04". www.business-standard.com. 9 October 2004.
- ^ "The Telegraph - Calcutta : Nation". www.telegraphindia.com. Archived from the original on 11 January 2004.
- ^ Gandhinagar, Piyush Pandey in. "Gujarat investor meet set for a spectacular start". Rediff. Retrieved 5 January 2024.
- ^ a b "CM Narendra Modi focuses on development to change Gujarat's negative image". India Today. Retrieved 5 January 2024.
- ^ "Between cries of hatred and eulogies, Gujarat CM Narendra Modi remains an enigma". India Today. Retrieved 5 January 2024.
- ^ "vibrant gujarat - 2280 Words | Studymode". www.studymode.com. Retrieved 5 January 2024.
- ISSN 0971-8257. Retrieved 5 January 2024.
- ^ "Speech of Shri LK Advani Hon'ble Leader of Opposition, Lok Sabha at the inaugural of the Global Investors' Summit 2005". www.bjp.org.
- ^ "Narendra Modi lures India Inc, investors with Vibrant Gujarat summit". India Today. Retrieved 5 January 2024.
- ^ DeshGujarat (16 February 2007). "Narendra Modi:Modernization, not westernization(Hindi mp3)". DeshGujarat. Retrieved 5 January 2024.
- ^ "In Vibrant Gujarat". Frontline. 20 December 2007. Retrieved 5 January 2024.
- ISSN 0013-0389. Retrieved 5 January 2024.
- ^ "Narendra Modi lures India Inc, investors with Vibrant Gujarat summit". India Today. Retrieved 5 January 2024.
- ^ DeshGujarat (10 November 2008). "Modi showcases Vibrant Gujarat to Industry Captains in Mumbai". DeshGujarat. Retrieved 5 January 2024.
- ^ "Vibrant opportunity". Frontline. 29 January 2009. Retrieved 5 January 2024.
- ^ "seminar Highlights VGGIS 2009" (PDF). gujarat.gov.in.
- ^ "Summit inks 8500 MOUs worth Rs.12 Lakh Crores generating 25 Lakh employments: Chief Minister". www.narendramodi.in.
- ^ "MoUs worth $450 bn signed in Vibrant Gujarat Summit: Modi". The Times Of India. Archived from the original on 16 January 2011.
- ^ "Gujarat elections: Modi's next target: Making Vibrant Gujarat 2013 the biggest ever". Economic Times.
- ^ "Vibrant Gujarat gets endorsement from UK, US, Australian business councils". Economic Times.
- ^ "8th Vibrant Gujarat Global Summit come to a close". The Indian Express. 13 January 2017. Retrieved 16 January 2017.
- ^ "Vibrant Gujarat Summit sees 25,578 agreements signed – The Economic Times". The Economic Times. Retrieved 16 January 2017.
- ^ "Vibrant Gujarat Global Summit 2019". vibrantgujarat.com. Retrieved 7 January 2019.
- ^ "Vibrant Gujarat summit: MoUs for Rs 50,000-cr renewable power projects likely". The Economic Times. 5 January 2019. Retrieved 7 January 2019.
- ^ "Vibrant Gujarat Summit: UAE, Uzbekistan, Morocco confirm as partner countries". The Indian Express. 4 January 2019. Retrieved 7 January 2019.
- ^ Rai, Neha (4 January 2019). "Vibrant Gujarat 2019 Summit Dates, Registration & Schedule details". Ashaval.com. Retrieved 7 January 2019.
- ^ "Vibrant Gujarat Summit: Belgian firm likely to sign Rs 560-cr MoU for setting up Dahej plant". The Indian Express. 3 January 2019. Retrieved 7 January 2019.
- ^ "MoU for country's first CNG terminal to be signed at Vibrant summit". The Indian Express. 1 January 2019. Retrieved 7 January 2019.
- ISSN 0971-751X. Retrieved 17 January 2019.
- ^ Bureau, BL Ahmedabad (1 January 2022). "PM Modi to inaugurate Vibrant Gujarat Summit at Gandhinagar on January 10". BusinessLine. Archived from the original on 10 November 2023. Retrieved 10 November 2023.
- ^ "Vibrant Gujarat Global Summit to be held from January 10 to 12". Business Today. 6 October 2023. Archived from the original on 10 November 2023. Retrieved 10 November 2023.
- from the original on 10 November 2023. Retrieved 10 November 2023.
- ^ "PM Modi to inaugurate 10th Vibrant Gujarat Summit on Jan 10". The Indian Express. 22 November 2021. Archived from the original on 10 November 2023. Retrieved 19 November 2023.
- ^ Ashutosh Mishra (6 October 2023). "Semiconductors, Industry 4.0 to be discussed at Vibrant Gujarat 2024: CM". www.business-standard.com. Archived from the original on 8 October 2023. Retrieved 19 November 2023.
- ^ "Vibrant Gujarat Summit to focus on green H2, semiconductors, space tech". Financialexpress. 22 November 2023. Archived from the original on 22 November 2023. Retrieved 22 November 2023.
- ^ ASIT K BISWAS (12 March 2015). "Vibrant Gujarat shows the way for India". The Business Times (Singapore): 1 – via ResearchGate.
- from the original on 7 October 2023. Retrieved 22 November 2023.
- ^ "Vibrant Gujarat: Govt to hold roadshows in Middle East, Europe". The Indian Express. 22 November 2021. Archived from the original on 22 November 2021. Retrieved 22 November 2023.
- ISSN 0013-0389. Retrieved 3 January 2024.
- ISSN 0971-751X. Retrieved 21 January 2024.
- ^ "58 MoUs Were Signed With Investment Totalling Rs 7.17 Lakh Crore For VGGS 2024 , In The Presence Of CM Shri Bhupendra Patel | CMO Gujarat". cmogujarat.gov.in. Retrieved 14 March 2024.
- ISSN 0971-8257. Retrieved 14 March 2024.
- ^ www.ETEnergyworld.com. "MoUs for investment worth Rs 26.33 lakh crore signed at Vibrant Gujarat Summit 2024: CM Patel - ET EnergyWorld". ETEnergyworld.com. Retrieved 14 March 2024.
- ^ "KP Group striding new heights in Renewable Energy". Renewable Mirror. Retrieved 29 January 2024.
External links
- Official site
- Investor Facilitation Portal (IFP): Single window mechanism for those who wants to invest in Gujarat. An online Memorandum of Understanding (MoU) filling system and a system to check the status of applications by state authorities and investors.
- Gujarat 2050 Map showing major development areas
- Gujarat: Cos sign 21,000 MoUs to invest Rs 25 lakh cr
- of PM’s speech at Vibrant Gujarat Summit 2015