Gujarat has become ‘Most Preferred Investment Destination’ under PM Modi’s visionary leadership: CM Bhupendra Patel

New Delhi [India], October 6 (ANI): Gujarat Chief Minister Bhupendra Patel on Thursday invited leading industrialists and investors to invest in the state and participate in the 10th edition of the Vibrant Gujarat Global Summit scheduled for January 2024. He said that the state has become the ‘Most Preferred Investment Destination’ under the visionary leadership of Prime Minister Narendra Modi.

Addressing the Curtain Raiser event for the 10th Vibrant Gujarat Global Summit in New Delhi, the chief minister said that PM Modi has showcased potential of the Gujarat to the world through the creation of new industries, technology, and job opportunities.

“Gujarat has become a symbol of development through the Vibrant Gujarat Summit,” CM said.

The chief minister praised PM Modi as a visionary leader.

“In 2003, when the idea of a business and investment summit was unheard of, he came up with Vibrant Summit with the spirit of ‘One Earth, One Family, One Future’,” he said.

Adding that PM Modi brought global capital investors and thought leaders together on a single platform, Gujarat CM said, “He introduced a fresh concept – the idea that everyone can progress together. Over the past nine years, the Prime Minister has not only reformed the country but also spearheaded innovative approaches, establishing a new global identity for India with his visionary leadership.”

He further emphasized that Gujarat under the guidance of PM Modi for the past two decades, has earned recognition as India’s Growth Engine.

“This recognition has been strongly reinforced by the Vibrant Gujarat Global Summit, which has evolved into a platform for business networking, knowledge sharing, and socio-economic development,” CM Patel said.

The Chief Minister highlighted the grand success of two decades of Vibrant Gujarat, which Gujarat celebrated as ‘Summit of Success’ in Prime Minister Narendra Modi’s presence. He pointed out that the seed of the Vibrant Summit, sowed by the Prime Minister, has now matured into a banyan tree, furthering Team Gujarat’s commitment to carry forward the Vibrant Gujarat Summit.

Bhupendra Patel emphasized that the industrialists and investors gathered at this curtain raiser event stand as witnesses of the nation’s ‘Amrit Kaal’. He further highlighted that during this ‘Amrit Kaal’, Gujarat’s progress and development-focused governance have significantly bolstered India’s journey towards growth and prosperity.

The theme of the 10th Vibrant Gujarat Summit is ‘Gateway to the Future’. The Gujarat Chief Minister emphasized that the state will realize the Prime Minister’s vision of a ‘Viksit Bharat @2047’ through this summit.

“With a proactive policy-led approach, ease of doing business, investor-friendly attitude, and robust industrial infrastructure, Gujarat has emerged as the most preferred investment destination. Not just that, ‘Gateway to the Future’ is entirely set to become the gateway to a bright future for the nation,” CM said.

Bhupendra Patel also stated that Gujarat has initiated its contribution to realize the Prime Minister’s vision of a Developed India through future-ready mega projects like GIFT City, Dholera SIR, DREAM City, Greenfield Ports, and the Ahmedabad-Mumbai High-Speed Rail project.

On the occasion, Chief Minister Patel also named Gujarat as the ‘Most Preferred Destination’ in the production of semiconduction and display fab. He expressed that Gujarat is the first state to implement the Semiconductor Policy in the country.

The Chief Minister said that seminars and conferences on essential topics such as new emerging sectors, renewable energy, semiconductors, sustainable manufacturing, green hydrogen, electric mobility, and Industry 4.0 will be organised in the upcoming Vibrant Summit in January 2024.

Gujarat Chief Minister Patel expressed confidence that the 10th Vibrant Gujarat Summit will be a golden opportunity for investors looking to engage with Gujarat for its immense growth potential. He was optimistic about achieving success through the Vibrant Summit, counting on the support of investors and entrepreneurs to cultivate a sustainable and inclusive growth ecosystem.

CEO of Arcelor Mittal, Dilip Oommen, Maruti Suzuki MD and CEO, Hisashi Takeuchi, and CEO of U.K. India Business Council Group Richard McCallum shared their experiences related to the Vibrant Summit. President of ASSOCHAM and Chairman of Welspun Group B.K. Goenka, in his welcome address, praised Gujarat’s business prowess and investment-friendly policy environment. He stated that Gujarat and Business are synonymous with each other.

Finance and Energy Minister Kanubhai Desai, Union Minister of State Darshana Jardosh and Dr. Mahendra Munjpara, Gujarat Industries Minister Balwantsinh Rajput, State Minister Harsh Sanghavi, and senior secretaries of the state government along with leading industrialists and investors also attended this event.