Vibrant Gujarat 2019 to go beyond investments; focus on trade, exports -Governance Now

Vibrant Gujarat 2019 to go beyond investments; focus on trade, exports

Ninth edition of the global summit to be held in Gandhinagar in January

GN Bureau | November 16, 2018

#economy #Narendra Modi #Vijay Rupani #Vibrant Gujarat #Gujarat

Vibrant Gujarat, the biannual gathering organised by Gujarat, will go beyond pitching for investments and will provide a forum to explore trade and export opportunities. The ninth edition of the event will take place on January 18-20 at Gandhinagar. Its theme is 'Shaping a New India'.

“Gujarat is a land of opportunities. With Vibrant Gujarat, the state is building the foundation for a new India,” chief minister Vijay Rupani said at a curtain-raiser event in New Delhi on Friday.

The first Vibrant Gujarat was held in Ahmedabad in January 2003, when Narendra Modi, then chief minister, wanted to consolidated the state’s industry-friendly image, and attract fresh investments. It was to emerge as a case study in successful branding – not only for the event itself but also for the Modi government. It was held again in 2005, and was made a biannual feature. To host it, a world-class convention centre, called Mahatma Mandir, was developed in the state capital.

Over the years, it made headlines for the astronomical sums pledged there by investors, even if there was muted criticism for only a fraction of it realising into actual investments. Still, it has been the premier event of its kind in India.

As Ramesh Abhishek, secretary, department of industrial policy and promotion, said, “Vibrant Gujarat is the mother of all investment promotion events in the country,” providing a prototype to many other states.

The reason is obvious: Making a brief presentation on the coming event, MK Das, Gujarat’s principal secretary (industries & mines), said, “We are the fastest growing state in the fastest growing economy.”

Among other new features of the next edition, a shopping festival – on the lines of Dubai Shopping Festival – will be held in Ahmedabad on the same dates.

Comments

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2