Vibrant Gujarat vibrated with mirth, joy & hope over the astounding success of 4th biennial Vibrant Gujarat Global Investors’ Summit, held on 13th & 14th January in the state’s financial hub, Ahemdabad. The two days saw investments pouring in to the tune of Rs $22,000 crore from all the major and medium scale companies of the world. These investment are aimed at providing growth and support to SMEs. All the three tiers are going to benefit from it: agriculture, industry and the service sector. Special emphasis was laid on the development of tourism in and around the region and establishments of SEZ along the rich coastline of the state.
Economists, industrialist, business tycoons and other dignataries, from 37 nations graced the summit and gave in their valuable inputs towards the common goal of putting the world economy back on track. major companies of India Inc actively participated in the summit and the most conspicuous amongst them were the ICICI, ADAG,RIL,Adani, L&T , Suzlon & Tata. The summit also saw the launch of the much awaited Tata Nano, $2000 car, the world’s cheapest.
Full credos to Shri NarendraBhai Modi, for not only organizing the summit but also taking steps to make Gujarat and indeed India a role model for other developing countries in their strife to overcome recession and global credit crunch. He put forward his RACE formula that projects development through ‘(low) Risk, Alertness, (Low) Cost and (High) Efficiency’. He looked to the summit as the “power house of knowledge, skill, talents, intelligence and entrepreneurship, it is not merely a platform for forward looking prospective investors’ but it shows the path to them”.
With so many investments being pledged and development pushed under way, the vibrant Gujarat has yet another success story in its lap and has proved that these troubled times and the global meltdown can be exploited as if they were an opportunity!!
