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Chief Minister Narendra Modi will inaugurate the sixth edition of biennial Vibrant Gujarat Global Investors’ Summit (VGGIS) here on January 11.
The three-day event is expected to culminate in the signing of MoUs promising huge investments in diverse sectors in the State. In the 2011 Summit, over 8,000 MoUs were signed promising investments of a whopping Rs 20 lakh crore.
This year’s Vibrant Gujarat Summit will focus on forging knowledge-led strategic partnerships and global collaborations, said Modi, adding that a series of knowledge-sharing and thematic events have been lined. Delegation from Japan, Canada, US, UK and UAE, besides several Indian States, are expected to attend the event. With a view to generate more employment, the Summit will also focus on the MSMEs.
Japan and Canada will again be partners in the Summit in which business delegations from 30-odd countries would participate, apart from over 5,000 delegates from within India.
The previous summits focused on mobilising series of investments across the industry sectors of Gujarat. However, since the 2011 Summit, the Government has given special emphasis on addressing need for youth development, increasing skill development and creating employment opportunities, creating more women entrepreneurs and giving a boost to the sunrise sectors such as green energy, Maheshwar Sahu, Principal Secretary (Industries), said.
Events leading to the Summit will start on January 5 with a series of knowledge-sharing programs, numbering over a hundred. Diplomats from the governments of Japan, the UK, China, Canada, the USA, Denmark, the African region, and Australia will be attending the Summit. Industry captains from the Tata Group, Reliance Industries, ADA Group, Essar Group, Ford Motors, Mahindra & Mahindra will also be present.
In 2011, Mr Sunil Mittal of Bharati Group and Mr Anil Ambani, among others, had favored Mr Modi to “lead the country”.
A highlight of the Summit is the Vibrant Gujarat Global Trade Show spread across an area of more than 100,000 square meters with participation from over 1,000 companies from more than 25 sectors and 14 countries. Over a million people are expected to visit the Trade Show.
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