The progress of any region is based on the industrial growth of the region. Every state has undertaken numerous steps to initiate the encouragement to various industrial units.
Gujarat, is marching ahead in the chase, to attract internal as well as international investments. Gujarat Industrial investment organization, Industrial Extention Buerau, State Industrial Board and many such have become members, in fulfilling this plan.
The state Govt. conducted ‘RESURGENT GUJARAT’ in 2002 February but this project was limited to a regular seminar and an exhibition.
To provide the state with global image, the plan of RESURGENT GUJARAT’ was incapable and thus, the entire arrangement was re-planned in the form of summit, popularly known as THE VIBRANT GUJARAT summit. Now, the summits take place every two years. The summit encourages more and more investors to invest in Gujarat.
The purpose of conducting such summit, is to make available concrete base of various industrial opportunities and necessary aids from the governing body and bring development in the state. It aims at Gujarat becoming a brand name to attract investors and developing a world wide recognition of the state. The Vibrant Gujarat summit, thus has been successfully producing an atmosphere conducive to invest in number of fields, from not only within the country but even from around the globe. The MOu s being signed, between the Govt. and the respective investors, encourages more and more people and industrial houses, to be part of the ensuing growth. The required paper work has already been done previously.
The fifth Vibrant Gujarat summit is scheduled to take place tomorrow, on 12th and 13th January 2011 at Mahatma Mandir, Gandhinagar.
The Vibrant Summits began in 2003. Generally, the summits are scheduled around either Navratri or Makar Sankrant, the two festivals extremely poular in Gujarat and thus, the summits also creates the mood of rejoicing among the visitor.
The Vibrant Summit, portrays an exhibition of different investments being brought to the state and also includes seminars on various subjects.
The sectors, in which the investments upcoming are:
1.Chemicals and Petro chemicals
2.Oil and Gas.
3.Pharmaceuticals and Bio-technology.
4.The cotton industry and clothing
5.Urban development and infrastructure.
6.Information and Broadcasting
7.Engineering and Automobiles.
8.Agriculture and Food
Recently, in 2009 Vibrant Gujarat Summit, the investments in the field of Tourism and entertainment has also been targeted.
The delegations from the state have travelled around the world, to strengthen the relations with various nations and bring about investments from there.
Vibrant Gujarat Summit 2003
The state of Gujarat, carried out the first Vibrant Gujarat Summit, with the help of ‘UNIDO’ The delegation, made of senior ministers visited the USA, Canada, Singapor, China, Australia, Hong kong and U.A.E.in order to draw more foreign investment.
This summit had taken place from 28th September to 2nd October, during the festivity of Navratri.
The top most national as well as international political and business delegatons participated in it.The investment brought to the state, was of INR 660680 MILLION in 76 projects.
Vibrant Gujarat Summit 2005
During this summit, to attract global investors to India, five delegation made of senior ministers, visited different parts of the world to discuss, invite and attract non-resident Indians, to invest in Gujarat, thus in India. The delegations visited Singapor, China, Australia, Kenya, USA, UK and UAE, IN November-December 2004.
The Summit was shifted, to cover the famous Uttarayan –Makar Sankrant festival, in January, along with the investment summit.
The investment worth INR 106100 MILLION in 226 projects, was signed.
‘UNIDO’ WAS NOT INCLUDED, THIS TIME.
Vibrant Gujarat Summit 2007
To bring about huge parameters of investments to Gujarat, the state govt. deputed six high profile delegations, made of senior officers and industrialists. They visited the mega industrial houses and zones of the world and encouraged the business houses to be part of the summit.
The six delegations conducted visits to USA, Germany, Italy, France, China, Singapor, Japan, Israel, Netherland and Korea. It covered all together 19 cities, conducted 230 one-to-one meetings and 34 group meetings. The delegation met with 2700 people in total.
The third Vibrant Gujarat Summit, was conducted on 12-13th January 2007.
The projects worth INR 6668350 MILLION were signed. 675 MOU’s were signed.
Vibrant Gujarat Summit 2009
This summit was conducted when the world was passing through a severe recession.
But,
Gujarat received enormous response in this summit and attracted not only industrial houses from around the globe..
But,
Also 47 govt.s represented
And,
The summit gave them a platform to attract business opportunity to their respective countries.
The MOU’s worth Rs. 12 lakh crore were signed.More than eight and a half thousand projects were brought in 13 sectors.
This summit created kind of a record and initiated investments in tourism as well as entertainment sectors..
Now,
On 12-13th January 2011, the fifth Vibrant Gujarat Summit is about to began and true according to its title, it has brought about vibrancy everywhere in Gujarat, be it economically, socially or in development sphere.
The Solar Energy projects are the new addition that has attracted investment, recently and it is assumed a large amount of investment will be brought in this sector.
All the prominent industrial houses have done large chunks of investment in today’s Gujarat.
And,
To quote the words of Shri Ratan Tata, of Tata Group, “One is stupid, if he does not invest in Gujarat…”
In the ancient era, the port of Surat, in Gujarat one could envisage fgags of 84 countries from the world, meaning all these countries used to do business here..
Now,
The old glory has come back again..
84 countries are participating in this global Vibrant Gujarat Summit..
Shri Narendra Modiji’s visionary outlook and the committed strength of all five and a half crore Gujaratis have made Gujarat, a power to reckon with and contributed hugely in increasing the GDP of Mother India.
Vande Gujarat..
Vande Matram.
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