Vibrant Gujarat'11 planned with Modi's BIG 2020 in mind

The Blueprint for Infrastructure in Gujarat - 2020 will make the state the preferred place to do business in

nileshshukla

Nilesh Shukla | December 9, 2010



One of the most industrialised states of the Indian sub-continent, Gujarat has always been at the forefront of Indian life. The state means business in every way. Gujarat ranks among the top five states in terms of industrial development, contribution to national GDP and per capita income.It has made a significant contribution to the nation's prosperity and development, and in making India a leading industrial nation by creating a policy framework to support sustainable industrial growth.

Gujarat is perhaps the first state in the country to start organising Global Investors' Summit to attract investment and promote trade in a structured way. Now, other states have also started following the path shown by the Gujarat and organize Investors' Summit in their respective States. So far, Gujarat has organized four Summit successfully and attracted investment proposals of approximately $370 billion. The 5th Vibrant Gujarat Summit is scheduled to take place on January 12–13, 2011 at the Mahatma Mandir, Gandhinagar, State capital. This year, Vibrant Gujarat Summit – 2011 aims to facilitate investment alliances for participating countries and will be the premier platform in India to identify and leverage business opportunities in this key global market. This time, Japan and Canada are partner countries for Global Summit.

Gujarat has proven it grips to attract investors in the State. Gujarat produces about 60 percent of India's petrochemicals and more than 50 percent chemical products. It is also a leading and emerging player in renewable energy generation with the second largest wind energy potential in the country, the bulk of the remains to be tapped.

The focus areas of forthcoming of Vibrant Gujarat Summit would be chemical and petrochemicals, engineering and auto, environmental technology, financial services, agro and food processing, gems and jewellery, green energy, healthcare, knowledge sector, mines and mineral, textiles, oil, gas and power, pharmaceutical and biotechnology, ports, ship building and related industries, SIR, SEZs, industrial parks, logistic parks, tourism, urban development and business in water sector.

Gujarat stands on firmer ground, with a solid platform for growth that consist clean principals for transparency and work ethics combining with modern infrastructure. Gujarat's economy is set to grow at high growth rate offers an attractive and stable environment for businesses to make long term plans. Gujarat chief minister Narendra Modi always says, “There is no red-tapism in my state, only red carpets. The peace and cordial atmosphere prevailing here attracts capital investors towards Gujarat.”

Series of reforms under the visionary leadership of Modi helped improving competitiveness of Gujarat's economy and the business environment in general. Gujarat initiative as global investment promotion event started in 2003 has over the years emerged as a truly global business promotion and knowledge networking platform. A stable government, proactive governance, pragmatic policies and friendly environment boost investment in the State.

In the month of June 2010, Gujarat CM also released BIG–Blueprint for Infrastructure in Gujarat – 2020. Gujarat is emerging as a globally preferred place in live and to do business.

The BIG–2020 will make Gujarat's infrastructure the pride of its citizens and a benchmark for the nation. People living in the farthest corners of Gujarat would have access to safe and affordable drinking water, electricity, sturdy roads and telecom services. Substantial investments will be made in securing energy, maximizing growth opportunities, enhancing connectivity, managing growing urbanisation, providing water for all and ensuring higher quality of life through employment generation, health care and education. This high investment in infrastructure will sustain high economic growth over the decade. All the three sectors of the economy will register sound growth with industries and services growing in double digits and the agriculture sector recording consistent and stable growth. The ultimate goal of BIG–2020 is to create robust social, industrial and physical infrastructure network ensuring accelerated inclusive and sustainable growth. Rapid and balanced GSDP growth on the one hand and investments in social services and upgradation of health, education and other critical services on the other would ensure this objective is achieved.

This integrated infrastructure investment plan will ensure high investments in infrastructure, increase productivity, expand the industries and services sector and hence propel Gujarat's per capita income into the league of top fifty countries of the world while making it globally preferred place to live in and do business.

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