US, UK business councils endorse Vibrant Gujarat

PTI Updated - December 31, 2012 at 12:06 PM.

With Japan and Canada as partner countries and endorsements from the UK, the US and Australian business councils, the sixth edition of Vibrant Gujarat Summit 2013, a biennial event of the Gujarat government, will be held from January 11-13.

“USIBC’s (US-India Business Council) executive mission, comprising senior US business executives representing a broad range of sectors, seeks to promote Gujarat as India’s global business hub,” according to the council’s portal.

It added that under Modi’s leadership, Gujarat has emerged one of the most attractive investment destinations for American businesses.

The event, which showcases Gujarat as a global business hub and investment destination, will have participation from some African countries, Australia, Bahrain, Thailand, Russia, the Netherlands and Belgium, among others.

The state of Karnataka is also participating, with a seminar to showcase investment opportunities there.

“The focus will be on youth, skill development and knowledge sharing. Having participation from worldwide, it will facilitate investments for major infra projects of the state,” an industry department official said.

“Large-scale investments from the partner countries are expected to flow in.”

Japan has a cooperation pact with the Union Government for 19 projects, of which seven are proposed in Gujarat. In fast-industrialising zones of Dahej and Sanand in the state, two ‘Smart City’ projects by Japan are proposed.

Published on December 31, 2012 06:34