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PM Modi inaugurates Vibrant Gujarat Summit 2024 Amidst Global Leaders' Presence

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PM Modi inaugurates Vibrant Gujarat Summit 2024 Amidst Global Leaders' Presence
10 Jan 2024
4 min read

News Synopsis

Prime Minister Narendra Modi commenced the Vibrant Gujarat Global Summit 2024 at Gandhinagar, Gujarat, in the presence of world leaders. The inauguration witnessed Chief Minister Bhupendra Patel extending a cordial welcome to delegates representing over 130 nations.

A Global Forum Unveiled

Chief Minister Patel expressed a warm welcome to the summit attendees, highlighting PM Modi's vision of 'One Earth, One Family, One Future,' resonating globally. Reliance Industries Chairman Mukesh Ambani emphasized the company's extensive investments in Gujarat, contributing significantly to the region's progress.

A Summit Packed with Prominent Participants:

This year's Vibrant Gujarat Summit is billed as the largest ever, boasting impressive participation from diverse stakeholders.

  • World Leaders: Prime Minister Modi welcomed dignitaries like UAE President Al Nahyan, Czech Republic Prime Minister Petr Fiala, Mozambique President Filipe Jacinto Nyusi, and Timor-Leste President José Ramos-Horta, among others.
  • Global Conglomerates: Microsoft, Nasdaq, Google, Suzuki, and other international giants are participating in the summit, showcasing the event's global appeal.
  • Indian Business Leaders: Asia's wealthiest tycoons, Gautam Adani and Mukesh Ambani, along with Tata Group chairman N. Chandrasekaran, will be among the prominent Indian executives present, underlining the summit's importance for fostering domestic partnerships.

International Participation and Indian Business Magnates

Global entities such as Microsoft, Nasdaq, Google, and Suzuki participated in the summit, with notable Indian industrialists like Gautam Adani, Mukesh Ambani, and Natarajan Chandrasekaran representing their conglomerates. The summit attracted various business luminaries, emphasizing discussions on future technologies and sustainable practices.

Security Measures and Economic Impact

The summit entailed robust security measures, including advanced technological setups and surveillance systems to ensure a safe and efficient gathering. Gujarat's consistent success in securing substantial foreign investments reflected its growing economic significance.

Vibrant Gujarat's Foreign Investment Position

Gujarat ranked prominently in attracting foreign investments, securing around $34 billion between 2019 and 2023. Maharashtra and Karnataka held the top positions in foreign investment attraction during the same period.

A Platform for Dialogue and Innovation:

The summit will host a series of seminars and conferences covering crucial topics like:

  • Industry 4.0: Exploring the transformative potential of digital technologies in manufacturing and other industries.
  • Technology & Innovation: Fostering cutting-edge advancements across various sectors.
  • Sustainable Manufacturing: Promoting eco-friendly practices and responsible resource management.
  • Green Hydrogen & Electric Mobility: Highlighting the importance of clean energy solutions in transportation.
  • Renewable Energy & Sustainability: Discussing pathways towards a greener future.

Grand Roadshow and Collaborative Ventures

PM Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan led a significant roadshow from Ahmedabad Airport to Gandhinagar, symbolizing collaborative ties and furthering bilateral relationships.