Gujarat (Vibrant Gujarat)-- The Growth Engine of India..(Must Watch) Part 3

Proud to be a Gujarati and proud to be an INDIAN...

Chief Minister Narendra Modi, on Wednesday, projected the Vibrant Gujarat Global Investors Summit (VGGIS) 2009 as a platform to capture global business opportunities.
Speaking at a press conference ahead of the two-day summit, Modi said the biennial event to be held on 12-13 January will mark a paradigm shift in underlining the themes associated with the earlier editions of the summit.
The 21st Century is the Century of Asia, with India all poised to become a major global player. With double digit growth rates during the last five years, Gujarat is the new Growth Engine of India, he said.
Referring to Japans participation in the event as a partner country, Modi remarked this was the first time that a foreign country, that too Japan, an Asian economic giant, has partnered with an Indian state. This, he said, indicated the arrival of Brand Gujarat on the international investment map.
The summit will host 12 sector-specific seminars and two conventions on Small and Medium Enterprises (SMEs) and tourism, he said, adding that over 4,000 SMEs from across Gujarat are expected to attend the convention.
Our focal area this time is the SME sector, as the need of the hour is a Dual Development Model. On one hand, we need large scale industries and on the other, we need the SMEs providing the support system to them, the CM said.
Stressing on the SME sectors importance, Modi said his government would sign a memorandum of understanding (MoU) with the Italian government during the summit, as Italy is a front runner in the SME sector in Europe. We hope to learn from their experience and technical know-how, he added.
Over 100 stalls in the Exhibition Section of the summit will host SMEs, according to Maheshwar Sahu, principal secretary, Industries, Gujarat government.
This exposure to a global congregation will help SMEs of Gujarat immensely through business networking, he said.
Speaking on his recent visit to some African countries, Modi mentioned about the club model of development being pursued in Uganda and Kenya.
The Gujarat government will sign MoUs during the VGGIS that will promote Gujarati investments in these countries. But the investments will be such that we will either get raw materials for further manufacturing or get finished products for further value addition, he added.
On the global economic meltdowns possible effects on Gujarats economy, Modi said the emerging situation is precarious. He, however, added, It will be a case of Adversity as Additional Opportunity for Gujarat, and VGGIS is the first step in this direction.

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Tags:

• gujarat
• india
• narendra modi
• vibrant gujarat
• development
• global investment.

[MrIndoCanadian]

@usaamin Common people suck the worst in Congress ruled states.

[sidhu149]

Proud to have leaders like modi in india.

[usaamin]

Thanks for Modi's pro rich policies. Jai Ambani and Tata. Common people sucks.