Bengaluru Hosts Roadshow for 9th Edition of the Vibrant Gujarat Global Summit 2019

With the 9th edition of the Vibrant Gujarat Global Summit 2019 fast approaching, Gujarat Education Minister Bhupendrasinh Chudasama led the official roadshow for the Global Summit in Bengaluru at The Sheraton.

Addressing a hall filled with IT and service sectors leaders and industrialists of the city, Chudasama laid out the theme and focus for the 9th edition of the biennial summit. He spoke in detail about the investment potential in Gujarat and gave a glimpse of the government policies designed for different sectors that have furthered growth and investment in the state of Gujarat.

Inviting participation at the upcoming Vibrant Gujarat Summit, Chudasama said, “We expect more than 35,000 participants at the upcoming Vibrant Gujarat Summit, including not just business leaders and investors, but also a large number of traders, exporters and importers. Vibrant Gujarat 2019 is proposed to have a much sharper focus on networking and B2B interactions; and hence events such as Buyer-Seller Meet and Conclave of Global Chambers of Commerce would be of immense relevance to serve this purpose. I am sure that you will be able to identify and tap business opportunities arising out of Gujarat, not just in conventional manufacturing, but also in sectors such as financial services, aerospace, defence, electronics, logistics, retail, tourism; and even media and entertainment”

Chudasama also spoke about mega projects such as the Special Investment Regions at Dholera and Mandal-Becharaji; GIFT City; Saykha Industrial Estate within PCPIR; Coastal Economic Zone in Kachchh; and India’s first 1 GW offshore wind energy park, the Delhi-Mumbai Industrial Corridor and Ahmedabad-Mumbai Bullet Train.

Along with industrial growth, he emphasized the government’s focus on providing good healthcare and education for the citizens of Gujarat through the implementation of the Aayushman Bharat program. In terms of education and skill development, he said, “The Government is laying a strong emphasis on collaborating with global organizations and corporations, to establish skill development infrastructure and programs. Such skill development would be aimed at making Gujarat’s workforce more deployable and skilled, in the face of the upcoming Fourth Industrial Revolution.”

Gujarat has set an example for rest of the states of the nation as to how investment opportunities could be explored and employment can be generated by laying proactive policies for investment.  Chudasama also spoke of the fact that while Vibrant Gujarat may have started out as a summit to attract investments to the State of Gujarat; today it caters to the global audience. Vibrant Gujarat is opportunity for other states also to interact with the global business community, which will eventually benefit their state.

Elaborating further on the investment potential of Gujarat, Commissioner of Health Jayanti Ravi, IAS, said, “Gujarat is one of India’s most industrialized and urbanized economies, and is among the leading Indian States on several economic and social indicators such as GDP growth rate, industrial output, per-capita income and so on. Gujarat’s economic development is built on the strong foundations of a strategic location, robust physical and social infrastructure, proactive governance, and Ease of Doing Business. Hence, the State has traditionally been an ideal choice for investment, for both domestic as well as multinational businesses. In addition to actual investments in business ventures, the State also offers a strategic trade and exports gateway to the global commerce community.”

During the event, Government of Gujarat signed an MOU with Texport Industries Pvt. Ltd. for their investment intension of setting up Garment Manufacturing unit under the Gujarat Garment and Apparel Policy 2017. The proposed garment manufacturing unit will be established at Miyawadi (Bardoli) near Surat and will generate employment of 2000 which consist mostly of women.

The Education Minister also held one to one meetings with CEOs and MDs of key industries in the region and apprised them about investor friendly policies of the State Government and invited them to participate in the upcoming Vibrant Gujarat Global Summit.

The roadshow in Bengaluru closely follows the recently concluded Vibrant Gujarat Curtain Raiser held in New Delhi, Mumbai and Pune.

Senior officers from Government of Gujarat including, Dr. Jayanti Ravi, Principal Secretary, Health and Family Welfare Department, Government of Gujarat, Mamta Verma IAS, Industries Commissioner, Dr. Dhananjay Dwivedi IAS, Secretary Department of Science and Technology, and RK Beniwal, IAS Managing Director, Industrial Extension Bureau, Government of Gujarat were in attendance.