Chief Minister Bhupendra Patel presented the success story of the Vibrant Gujarat Summit to industry and financial sector leaders and held one-to-one meetings with 13 industrial stalwarts from Reliance, L&T, Birla Group, and Essar.
The next wave of growth in the state will come through futuristic industrial infrastructure like the Delhi-Mumbai Industrial Corridor (DMIC), Mumbai-Ahmedabad High-Speed Rail, GIFT City, DREAM City, Hybrid Solar and Wind Renewable Energy Park, and Dholera Special Investment Region (DSIR): Chief Minister
The Gujarat Chief Minister Bhupendra Patel at the Roadshow on Wednesday organized in Mumbai as a part of the Vibrant Gujarat Global Summit 2024 rolled out a red carpet for investors from Maharashtra for investments and assured all the possible cooperation.
Around 35 diplomats and more than 350 leaders from business and industry sectors participated in the Mumbai curtain raiser.
Ahead of the Roadshow, the Chief Minister engaged in one-to-one meetings with 13 leading industry leaders. During these meetings, he elaborated on the success of the Vibrant Gujarat Summit, showcasing how the state has emerged as a role model of development.
The Chief Minister said that the Vibrant Summit has made the state the most preferred investment destination and a center of major economic activities.
Gujarat’s GSDP from Rs 1.42 lakh crore in 2003 to Rs 22.61 lakh crore in 2023. Not only this, Gujarat’s economy has grown at a cumulative annual growth rate of 15 percent, above the national average.
He further added that under the guidance of the Prime Minister, the state government has organized the 10th edition of the Vibrant Gujarat Global Summit in January 2024, thus accelerating the legacy of development.
The Chief Minister emphasized that 38 percent of the Delhi-Mumbai Industrial Corridor passes through Gujarat. Additionally, work is underway on the high-speed Mumbai-Ahmedabad rail corridor for the bullet train. These pivotal projects will benefit the logistics sector and economic activities of Gujarat and Mumbai.
The Chief Minister unequivocally remarked that Gujarat’s forthcoming wave of economic growth will be driven by forward-looking industrial infrastructure projects such as GIFT City, DREAM City, the Hybrid Solar and Wind Renewable Energy Park, and Dholera SIR.
Prominent financial institutions, such as the World Trade Center, GIFT-NIFTY, and Bank of America, are established within GIFT City. GIFT City takes pride in being home to the nation’s inaugural International Bullion Exchange, said the Chief Minister.
Speaking about the diamond industry, the CM emphasized that while Mumbai and Gujarat are renowned for the diamond trade, Surat serves as the central hub for polished diamonds, houses numerous diamond-cutting units, and plays a significant role in the lab-grown diamond industry.
Notably, Gujarat alone contributes to 80 percent of the nation’s diamond exports. Additionally, DREAM City in Surat is under fast-paced development.
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