Prime Minister Narendra Modi's most preferred initiatives during his tenure as the Chief Minister of Gujarat, the Vibrant Gujarat Global Summit began its 8th edition from 10 Jan 2017, at Mahatma Mandir, Gandhinagar. The theme of Vibrant Gujarat 2017 is “Connecting India to the World.”
The state of Gujarat is known for its drastic economic rise over the past decade, having garnered investments from across the world in many diverse industries ranging from IT to renewable energy.
Gujarat is the largest producer of cotton in the country contributing one-third of total output and 60% of cotton exports. Being the third largest producer of Denim worldwide, it is aptly known as the 'textile state of India'. Processing 80% of all diamonds in the world, it is also a leader in gems and jewellery.
Gujarat shines with potential for a host of investments. The GIFT city, which houses the only International Financial Services Centre (IFSC) in the country further strengthens the state's pitch for global investment. The state government's enterprising measures to eradicate red tape and boost entrepreneurship also contribute towards making Gujarat business friendly.
Apart from Indian magnates Mukesh Ambani (Relilance Industries) and Gautam Adani (Adani Group), the inauguration of Vibrant Gujarat 2017 was attended by dignitaries from across the globe. Heads of state from Kenya, Rwanda, Portugal and Serbia graced the event along with delegations from Poland, France, Japan, Sweden, Denmark, Canada, Lithuania, UAE, Singapore, Netherlands, UK, China and USA.
The bi-annual event has seen an exponential rise in investments and the number of MoUs signed with every consecutive summit.