 Honourable President of the United Arab Emirates and Rula of Abu Dhabi. His Excellency, Mr. Zoze Ramzorta, Honourable President, the more or less. His Excellency, Mr. Philip Newsy, Honourable President, Mozambique. His Excellency, Mr. Petra Fiala, Honourable Prime Minister, Czech Republic. And we welcome all the esteemed dignitaries. Thank you. Namaskar, Suh Swagatam. Aapsavnu, aajna avishesh avsar par bhaav bhar yo swagat se. The banal event, Vibrant Gujarat Global Summit, has turned into a benchmark event globally and its success can be attributed to various factors, including the state government's proactive policies, infrastructure development and efforts to attract both domestic and international investors. Participating in this summit holds immense significance, as it marks the pioneering event in the Amritkal. On this occasion, we also welcome the Honourable Governor of Gujarat, Shri Acharya Devrajji, an Honourable Chief Minister of Gujarat, Shri Bhupendra Bhai Patel. Thank you. We shall commence the significant inaugural session with our patriotic song, Jai Jai Garvi Gujarat, which was written by famous Gujarati poet Shri Narmad. The song that highlights the rich heritage, culture, bravery and achievements of the land of Gujarat will be sung by world-renowned Shri Kirtidan Garvi. Very much artists for the melodious presentation. Past 20 years, the vibrant Gujarat summit has achieved remarkable success in its development and growth initiatives, thereby transforming Gujarat into an economic powerhouse. Let's have a look at an audio-visual film narrating the success story, that is, Vibrant Gujarat Global Summit. A land synonymous with prosperity, warmth and hospitality, innovation and enterprise bar excellence, whose people are committed to the realisation of the infinite potential of humankind and wedded to the doctrine of Vasudhev Kudumbaka, one earth, one family, one future, a state blessed with the guidance of a visionary, who is pioneering India's ascent as a Vishwamitra, a universal friend. Welcome to the 10th edition of Vibrant Gujarat Global Summit, distilled by two decades of exponential progress that catapulted the state as one of the world's most preferred investment destinations. Gujarat's GDP of 14 billion US dollars in 2002 grew to an estimated 282 billion US dollars in financial year 2022-23, nurtured by all-round excellence, that catalyzed socio-economic growth with inclusivity and unbridled entrepreneurship, led India into Amrit Gaur, envisioned in the face of adversity. By the Honourable Prime Minister, Narendra Modi, at a time when he was the Chief Minister of Gujarat, the Vibrant Gujarat Global Summit bears on eloquent testimony to the characteristic resilience and the indomitable spirit of Gujarat. Inspired by Shri Modi's vision, the last 20 years have been an unparalleled saga of progress that has witnessed Vibrant Gujarat transform the state into India's growth engine, with unmatched state-of-the-art infrastructure, unsurpassed manufacturing prowess and unparalleled growth. Farm to Vintec. Reparigation to drones. New-age technological advancements in semiconductors and electronics. From a vibrant startup ecosystem to flourishing e-commerce. From India's biggest hybrid energy path to the world's biggest diamond hub and office complex. Vibrant Gujarat Global Summit has elevated the esteem and stature of the state within the country and beyond. Gujarat is fully geared up to spearheading Industry 4.0, heralding the new industrial revolution with human augmentation frameworks and smart manufacturing propelled with the PM Gatishakti. The transformative approach for integrated and multimodal connectivity. See the world's tomorrow in the Gujarat of today, where Dholera's special investment region, a future-ready greenfield smart city, lays the foundation of modern regenerative economies. India's first bullet train is being built to Asha in a dynamic ecosystem by fostering innovation and adaptability. Artificial intelligence, robotics and intelligence supply chain orchestration leverage symbiotic growth paradigm and a future-ready landscape with 80% of India's rooftop solar to cutting-edge lab-grown diamonds. Epitomize circular prosperity model for holistic sustainable development. It is gearing India's decade as a launchpad for technology and innovation with new opportunities in semiconductors and electronics, unlocking infinite potential for startups and e-commerce with quantum resilient infrastructure, shaping the future of fintech and continuing to foster medium, small and micro enterprises with a special focus on enhancing ease of doing business, empowering of women entrepreneurs and creating eco-innovation hubs. A buzz with green infrastructure integration, Gujarat's commitment to harmonious urbanization is transforming every harbour into a gateway of prosperity. It is transitioning to still greater heights in sustainability with vast spaces of renewable energy, an exciting hub for green energy including green hydrogen, electrolyzers, renewables and EV manufacturing. Gujarat strides forward towards mitigating carbon footprint as a beacon for green solutions and net zero. This is the time when India will have to build a road that will give it a fixed and self-sufficiency in the form of a self-sufficiency in the form of a state. We will show it to the world. I am confident that all of you will definitely think in this direction. We will definitely take steps. We will definitely come forward. Today, Viprin Gujarat Summit has become a global platform for thought leaders, investors and policy makers. Welcome to the Viprin Gujarat Global Summit 2024. Welcome to the gateway of a greener earth, richer life, smarter business. Welcome to Viprin Gujarat 2024, the gateway to the future. Thank you. With the attributes like transparency, inclusivity, efficiency, empathy and accountability, the Honorable Chief Minister of Gujarat, Shri Bhupendra Bhai Patel has steered the state of Gujarat towards progress ensuring equitable development in all the sectors. Under the prudent governance and pro-business policies of his government, Gujarat has made robust progress. We would like to welcome the Honorable Chief Minister of Gujarat, Shri Bhupendra Bhai Patel for his address. Let's welcome the Honorable Chief Minister of Gujarat, Shri Bhupendra Bhai Patel. Welcome to the gateway of a greener earth, richer life, smarter business. Welcome to the gateway of a greener earth, richer life, smarter business. Welcome to the gateway of a greener earth, richer life, smarter business. President Timor Leste, his Excellency Philip Nussi, President Republic of Mozambique, his Excellency Petra Fiala, Prime Minister, Czech Republic, I welcome you all to Gujarat on Gujarat's land. I welcome you all to Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Gujarat on Vashudev kutum kam ek pruthvi ek parivar ek bhavisa ke vichar ko Pradhan Mantri Sri Narendra Bhai Modi ne Vishwa tak pohachaya hai. Mani, Pradhan Mantri Sri Narendra Modi ji ke netruto me hali me sampan hui Bharat ki ji 20 Presidency Bharat Vashio ke liye ek badi uklabdi rahi hai. Aaj Gujarat ne Vishwa Vyapar, Vaniya evam audev ki kshetra me pramukh sthan hasil kya hai. Ye Adhani Sri Narendra Bhai Modi ke durandesi tatha kusal netruto ka hi parinam hai. Aaj ham sab, Vypren Gujarat Global Summit 2024 ko safhal banane ke vishwas ke saath yahan ya kattra hui hai. 21st century ki sarwaat me kain chunutya se gire Gujarat ko tatkalin Mukhya Mantri Sri Narendra Bhai Modi ne Vypren Summit ke madhyam se asa ki nahi kiran dikhayi thi. 2003 me Vypren Gujarat jay se ye visionary Vien ka praharam karte hui Adhani Sri Narendra Bhai ne kaha tha Gujarat can and Gujarat is will. Aaj ye ha samit do dasak ki asim sapalta se pure vishwa ke liye knowledge sharing tatha net working ka sanma nit manche ban gaya hai. Aaj hum bade gaurav se kya sakta hai ke aap ki prena se hi Gujarat based destination for investment tatha desh ke vikas ka growth engine ban gaya hai. Adhani Narendra Bhai ji, har Vypren Summit me Gujarat ke world-class development ka vision aur nahi pehalo ki pari kalpna hame di hai. Aap hi ke mahar dasan aur netruta me Gujarat ne isse bhali paanti sakkar kya hai. Gujarat aap hi ke mahar dasan me policy-driven state ban hai. Hum humari polis ke prati committed hain. Hum har commitment ko honor karte hain. Pradhan Mantri ji ne Gujarat me global finance activity suru karne ka vision diya aur parinam suru unke mahar dasan me give city aaj world ki anek bade financial aur fintank companies ka hub ban gaya hai. Dholera, SIR, Sanand Mandal, Bachara ji ka auto manufacturing hub, Vishwa ka sbse bada renewable energy park, medical devices tatha bulk tar park, semiconductor display phai budpadan, in-space cluster, defense and aerospace manufacturing aise anek upladyo aur vikaas ke nae kirtimaan Gujarat ne vibrant summit ki safalata ke phal swaroop haaseel kya hai. Itna hi nahi Gujarat ke ish model se prerit ho ke des ke ane rajo ne bhi apni rajo ke in event me summit ke aayojan suru kya hai. Maan ya Pradhan Mantri ji ke viksit Bharat ke vision ke anurup hi amne 10th vibrant Gujarat summit ki theme gateway to the future rakhi hai. Yeh summit Bharat ke amrut kaal ka pehla summit hai aur yeh Pradhan Mantri ji ki vibhin raste prathmi taye, semiconductor aur electronics, green hydrogen, renewable energy, electric mobility, MSME aur skill development par fokasht hain. Muzi yeh batate huye atdant khusi ho rahi hai ke ish vibrant summit ke uplax me ho rahe MOUs ki 50% MOUs, green MOUs hai, climate change ki chunotya ka saamna karne aur pariaoran ke raksa ke Pradhan Mantri ji ke vision ko saakaar karte huye green growth, renewable energy aur sustainable development ke prati hamari prati badata ye MOHIS darsati hain. Arthik Vikas par balh deane ke saath Gujarat Sarkar ne hum mesa social sector development aur quality of life par bhi dhyaan ke ndrit kiya hai. Des ke ish amrut kaal me aayu jeet ho raha yeh vibrant summit hamare liye amrut bhavisha ka road map taye karega. Ish amrut bhavisha ke nirman mein, hamara sayogh de ne ish vibrant summit me visva ke anek rastra jude hain. Aaj ki summit me udgata usar ke mukhi athi thi. His Highness Sheikh Mohammed bin Zaid al Nahinan, President of UAE ki upasthiti ka main run svikar karte hain. Aapko kuch achanak sayogh ke lekar ish karem ke bisse hi jaane ki zharurat padhi hain. His Highness aap apna athi viastham amrut liye samai nikal karees summit ke mukhi athi thi rup me upasit rahe aapka fir se ek baat danyavad karna chahunga. Meh Pradhan Mantriji ko aswas karna chahunga ki viksit Bharat 2043 ko aapke vision ko pura karne me Gujarat growth engine ki bumika nibhaega. Firi ek baat aap sabhi mahanu bao ka vibrant Gujarat ki vibrant summit me shwagat hai. Danyavad Bharat Mata ki jai jai garbhi Gujarat. Thank you very much Honorable Chief Minister sir for your welcome at Reyes. As mentioned by our Honorable Chief Minister sir, our Chief Guest, His Highness Sheikh Mohammed bin Zaid al Nahinan, Honorable President of the United Arab Emirates and ruler of Abu Dhabi has to leave due to oppressing commitment but before that he has graciously agreed to say a few words. We welcome you sir. Thank you very much for joining us with our friends in India and the world in this summit so that we can send all of our people and develop our countries. I also thank the participants and organizations for this summit and I wish all of us success and success and exit as a result of the cooperation and cooperation and prosperity for all. Thank you. Thank you Your Highness. We purposely thank him for his words of appreciation. It is indeed our honour and privilege to have him over here. Our Honorable Prime Minister will see him off and will join us back in few moments but we shall continue the program. On this occasion we have with us some eminent captains of industry. We would like to request them to address the gathering and share their insightful perspectives enriching this prestigious summit with their profound knowledge and vision. We would like to invite Shri Lakshmi Mithil, Chairman, Arsalar Mithil for his address. Namaskar. Pradhan Mantriji abhi hai nahi, Shri Giri aate honge batme Mukhi Mantri Sri Bhupendra bhai Patel ji, Governor Acharya Dev Raj ji and mere sati hoon and honourable dignitaries. Pichli saal September me, Vibranit Gujarat ki 20th anniversary prayi me hiya aaya tha aur Pradhan Mantriji ne bataya kaise ideas, imagination aur process continuity ki aadhaar par iss mega global event ko ek issushushanai structure mila hai. Pradhan Mantriji ne uswakth ye bataya ki kaise one earth, one family, one future ki satchi bhavnaon ko lekar Bharat ka, Bharat ki patista kaise badegi. Aur her international forum me puri global south ki aavaz ko bhi mazbud ki aaya. Maan Mantri Mukhi Mantri bhai Patel ji, me aapko bhi development ko aage rakhne aur investments ko aakashit karne aur administration ko ustharu ush outhaane ke liye badaai detaum. Gujarat me fair, transparent and policy driven governance ki ek bhaichaan rahi hai. Aur jis me, meri company ne bhi, company ne bhi unbook ki aaya. Steel kisi bhi rast ki aath nirvarta me ek bati bhoomi ka nibhata hai. Kyunki ye infrastructure development, urbanization, renewable sectors, automotive industry, electric vehicles, defense, railways aadi me bohotu piyogh hota hai. Global technology ko sarvattam roop se laakar hum high end products ko develop kar rahe hain. Jo aise me se startup tak ki steel kanyumers ko competitive banane me madad kar rahe hain. Gujarat ne aase 4 saal pehle Har Swamittal Nipan Steel India ka swagat kya tha. Aur 2021 me Padhan Mantri ji ne aur Mukhi Mantri ne humare Hajira expansion project ki bhoomi pujan ki thi. Mujhe hi batateve ghar rahe hain ki ye expansion project teji se badh rahe hain aur Laksh ki ansaar is ka phase 1, 2026 me pura ho jayega. As vibrant Gujarat, 2024 ke is Mukhi par, hum ne second phase ke liye MOU sign ki hain. Jab ye project 2039 me pura ho gha, to 24 million ton crude steel production ki chhamta ke saath Har Swamittal Nipan Steel India ka Hajira site, Bishu ke sbse bde single location, integrated steel plant me se ek ban jayega. Hame pura barusa hain ki Gujarat sirkar ke soyog ke saath hain me is project ko agli paan saal me pura karne me safal hoonge. Hum ke wal steel me hi hain, bal ki renewable energy green hydrogen ze se emerging sectors me bhi nivesh kar rahe hain. I kya na chata hoon ki hum deish ke liye agla 20 saal bohot mehth pun hain aur me aap saap loon ko biswaaz jala na chata hoon ki Aatmanibar aur Vixit Baharat ke 2047 ke vision ko pura karne ke liye hum ready hain. Me insam, padhan mantri, Mukhi mantri, Governor saab insap logon ko mere ko manjh pe hain ke liye mukha deinne ke liye. Me aap loon ka bohot awari hoon. Namaskar. Saar aap ke bahat upon saambodhan ke liye aap ka bohot bohot dhaniwaad. We would now like to invite Mr. Toshihiro Suzuki, President, Suzuki Motor Corporation, Japan to please deliver his address. Honourable Prime Minister, Mr. Narendra Modi and all senior guests, good morning and namaskar. I'm Toshihiro Suzuki from Suzuki Motor Corporation, Japan. I'm much honoured to be invited to this ceremony. In the past 10 years, under the strong leadership and constant support of Honourable Prime Minister Mr. Modi for manufacturing industries, Indian automobile market has been expanding steadily. As a result, India has become the third largest automobile market in the world. We, Suzuki, have also scaled up production capacity substantially in India. It's not worth that as compared to 10 years ago. We expect 1.7 times in vehicle production and 2.6 times in export sales in the current fiscal year. Thanks to Prime Minister, Mr. Modi's progressive approach and India's growth, we will invest in the future also. Firstly, the first battery electric vehicle from Suzuki Group will be rolled out from Suzuki Motor Group. By the end of this year, we plan to sell this model not only in India, but also export to Japan and European countries. Secondly, to expand our VEV production in future, Suzuki Group will invest 3,200 crore rupees in Suzuki Motor Group to add a new force production line, which can produce 2.5 lakh units per year. This will increase the annual production capacity of Suzuki Motor Group from the current 7.5 lakh to 1 million units. Thirdly, we will invest 35,000 crore rupees for the construction of a second car plant in Gujarat, which would produce another 1 million units per year. As a result, the annual production capacity in Gujarat will be 2 million units, namely 1 million units at SMG and 1 million units as a second new plant. Finally, as far as reduction of greenhouse gas emissions is concerned, our effort will be through a mud pathway approach. That means in addition to vehicle electrification, we will offer mud-true options such as compressed natural gas, biogas, bioethanol and green hydrogen, taking advantage of India's animal wealth. We will start production of biogas from cow dung together with National Daily Development Board and Banas Daily. It has already started construction of four biogas plant in Gujarat. Suzuki Group will always work to provide a variety of sustainable customer-oriented mobility options. Thank you for your kind attention. Thank you very much, sir. We would like to invite Sree Mukesh Ambani, Chairman, Reliance Industries Limited. Most respected Prime Minister, Sree Narendra Bhai, Honorable Chief Minister, Bhupendra Bhai Patelji, distinguished guests and dignitaries from all over the world. Ladies and gentlemen, welcome to Gujarat and the 10th Vibrant Gujarat Summit, the most prestigious investor summit in the world today. No other summit of this kind has continued for twenty long years and going from strength to strength. This is a tribute to our Prime Minister, Sree Narendra Bhai Modi's vision and consistency. I have been one of the fortunate few to have participated in every single edition of Vibrant Gujarat. I have come from the city of the gateway of India to the gateway of modern India's growth, Gujarat. I am a proud Gujarati. When foreigners think of New India, they think of a new Gujarat, a new Gujarat. How did this transformation happen? Because of one leader. Our beloved leader who has emerged as the greatest global leader of our times. And he is Sree Narendra Bhai Modi, the most successful Prime Minister in India's history. Not Narendra Bhai, when you speak the whole world not only listens but applauds you. My friends abroad asked me what is the meaning of slogan that millions of Indians are chanting? That Modi hai toh mumkin hai. I tell them it means India's Prime Minister makes the impossible possible. What is the meaning of the slogan? That Modi hai toh mumkin hai. That Modi hai toh mumkin hai. I tell them it means India's Prime Minister makes the impossible possible. I tell them it means India's Prime Minister makes the impossible possible with his vision, determination and execution. They agree and they also say, Modi hai toh mumkin hai. My esteemed friends, I will never forget what my father Dhirubhai Ambani used to tell me in my childhood. Gujarat is your matru bhoomi and Gujarat should always remain your karmbhoomi. Today, let me declare yet again, Reliance Wars is and will always remain a Gujarati company. Each of Reliance's business is striving to fulfill the dreams of my seven crore fellow Gujaratis. This has invested over $150 billion, that is 12 lakh crores in creating world-class assets and capacities across India in the last 10 years. Of this, more than one-third has been invested in Gujarat alone. Honourable Chief Minister, Shri Bhupendra Bhai Patelji, today I would like to make five commitments to the people of Gujarat. First, Reliance will continue to play a leading role in Gujarat's growth story with significant investments in the next 10 years. Specifically, Reliance will contribute to making Gujarat a global leader in green growth. We will help Gujarat target to meet half of its energy need through renewable energy by the year 2030. For this, we have started building the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. This will generate a large number of green jobs and enable production of green products and materials and will make Gujarat a leading exporter of green products and we are ready to commission this in the second half of 2024 itself. Second, Reliance Geo completed the fastest rollout of 5G infrastructure anywhere in the world. Today, Gujarat is fully 5G enabled, something that most of the world does not yet have. This will make Gujarat a global leader in digital data platforms and AI adoption. 5G enabled AI revolution will make Gujarat's economy more productive, more efficient and more globally competitive. Besides generating millions of new employment opportunities, it will produce AI-enabled doctors, AI-enabled teachers and AI-enabled farming, which will revolutionise healthcare, education and agricultural productivity in the state of Gujarat. This will benefit every Gujarati in urban as well as rural areas, since to my mind AI also means an all-inclusive growth. Third, Reliance Retail will further accelerate its mission to bring quality products to consumers and simultaneously empower lakhs of Kisan's and small merchants. Our retail business improves the quality of life of all households of Gujarat with better products and services. Fourth, Reliance will make Gujarat a pioneer in new materials and the circular economy. As a first step, Reliance is setting up India's first and world-class carbon fibre facility at Hazira. And finally, fifth, Prime Minister Modi has announced that India will bid for 2036 Olympics. In preparation for that, Reliance and Reliance Foundation will join forces with several other partners in Gujarat to improve education, sports and skills infrastructure that will nurture the champions of tomorrow in various Olympic sports. Most respected Prime Minister, Narendra Bhai Modiji, before I conclude, permit me to articulate a conviction that resides in the heart of everyone in this hall and most Indians. As Chief Minister of Gujarat, you used to say, Bharat ke Vikas ke liye Gujarat ka Vikas. And that is how you made Gujarat India's growth engine. Now as Prime Minister of India, your mission is Duniya ke Vikas ke liye Bharat ka Vikas. You are working on the mantra of global good and make India the world's growth engine. The story of your journey from Gujarat to the global stage in just two decades is nothing short of a modern epic. Today and in today's India is the best time for young people to enter the economy to innovate and to provide ease of living and ease of earning to hundreds of millions of people. The coming generations will indeed be thankful to Prime Minister Modi for being both a nationalist and an internationalist. You have laid a solid foundation for Vixit Bharat, India as a fully developed nation in Amritkal. No power on earth can stop India from becoming a $35 trillion dollar economy by 2047. And as I see Gujarat alone will become a $3 trillion dollar economy. Therefore I am confident every Gujarati is confident and every Indian is confident that the Modi era will take India to new summits of prosperity, progress and glory. Thank you very much sir. Jai Gujarat, Jai Jai Garvi Gujarat, Jai Hind. Thank you very much sir. We would now like to invite Mr. Sanjay Mehrodra, CEO, Micron Technologies USA to deliver his address. Namaste and good morning. I would like to open by thanking Prime Minister Modi ji, your vision to make India a global hub for semiconductors will be huge economic driver for India's future as India marches toward becoming the third largest global economy. I would also like to recognize the several industry leaders who are going to be speaking here today and have already spoken. It truly is an honor for me to share the stage with you to open this critical forum discussing opportunities for India to accelerate domestic manufacturing as India marches toward a very bright future. There is a tremendous opportunity ahead for India in semiconductors. Vibrant Gujarat will also address the visionary ideas that are critical for India's growth as a semiconductor power. Today I am proud to represent Micron. Micron is one of the world's largest semiconductor companies and the leader in memory and storage. Micron's innovations have been at the heart of all computing systems for more than four decades. Memory is a key enabler of AI and Micron is a leading powerhouse in memory. I am proud that in June we announced plans to build a world-class memory assembly and test facility right here in Gujarat. The first of its kind in India. I am grateful to the Indian government and all the officials with the great support from Bhupendra Bhaiji and the central government and the state government, all that have been involved in making this investment possible. We have begun faced construction and proud to partner with Tata projects to build this world-class facility. In fact, I visited this facility just yesterday and the construction is coming along very nicely. The first phase, 500,000 square feet of planned clean room space will be operational by early 2025. Everything has already begun and we estimate that this project will create 5,000 new direct jobs for Micron here in Sanand Gujarat and will also create an additional 15,000 community jobs over the coming years. The combined investment by Micron and the government over the course of both phases could reach up to 2.75 billion US dollars. Government support will help fund the project and facilitate access to essential semiconductor infrastructure and resources which will drive innovation and enhance local talent development. We see our investment helping initiate a cluster of semiconductor investment, building momentum that will benefit India's manufacturing goals. We are hopeful that our investment will help catalyze other investments in the sector, strengthen India's manufacturing capability, drive innovation and support broader job creation. In fact, I am pleased that my good friend Jeffrey Chan, who is going to be speaking here soon of SIMTECH, is considering bringing his manufacturing, substrate manufacturing capabilities here to Gujarat in support of Micron's plant here. This is an example of the ecosystem, the cluster that Micron is capable of generating as an anchor semiconductor company here in Gujarat, here in India. We are proud to partner with India to bring advanced semiconductor memory assembly and a greater technology manufacturing ecosystem to Gujarat. Together, we are building the future of technology manufacturing, not just for Micron, not just for Gujarat, not just for India, but for the world. Thank you. Thank you very much, sir. We would now like to invite Shri Gautam Adani, Chairman, Adani Group. Honourable Prime Minister, Shri Narendra B. Modi, distinguished heads of government of her partner countries, His Excellency, Governor of Gujarat, Honourable Chief Minister Shri Bupendra B. Patel, distinguished ministers, captains of industries, and my dear friends. Good morning. It is privilege to address the 10th Vibran Gujarat Summit. I take immense pride in having been a part of every one of these summits. Honourable Prime Minister, Vibran Gujarat is a stunning manifestation of your extraordinary vision. It has all your hallmarked signatures, merging grand ambition, massive scale, meticulous governance, and a flawless execution. It ignited a nationwide movement as all of our states marched forward, competing and cooperating to fundamentally remodel India's industrial landscape. The statistics of the past decade are remarkable. Since 2014, India's GDP has grown by 185% and per capita income by a stunning 165%. This achievement is unparalleled, especially considering these decades geopolitical conflicts and pandemic challenges. Honourable Prime Minister, your achievements on the international stage are equally remarkable. You have taken us from a country seeking a voice on a global platform to a nation that now creates the global platforms. The Solar Alliance platform, an initiative you conceptualized, and your leadership at the G20 platform set a benchmark for a more inclusive world order. Adding the global south to the G20 is a defining moment in our modern history. Honourable Prime Minister, you don't just predict the future. You shape it. You have reoriented India to become the world's fastest-growing nation, and position her as the global social champion driven by the two philosophies of Vasudev Kutumbakam and Abhiswaguru. And the best is yet to come. With your foresight, in harnessing India's youth to build a Vixit Bharat and make India a fully developed nation by 2047, you have ensured that the India of today is poised to shape the global future of tomorrow. Honourable Chief Minister, at the previous summit, I announced our investment of over Rs. 50,000 crores by 2025. We have already surpassed Rs. 50,000 crores across the various sectors I had promised, and have vastly exceeded our target of 25,000 direct and indirect jobs. Today, I commit to further investments. We are constructing the world-largest green energy park in Akhavra District, Kutch, generating 30 gigawatt of renewable energy over 725 square kilometres. Even visible is from space. We are expanding the green supply chain for an Atman-Irbar Bharat and creating the largest integrated renewable energy ecosystems. This includes solar panels, wind turbines, hydrogen electrolyzers, green ammonia, PVC, and expansion in proper and cement projects. Over the next five years, the Adani Group will invest over Rs. 2 lakhs crores in Gujarat, thereby creating over 100,000 direct and indirect jobs. I am grateful for your support. It is my commitment that I will do my part to contribute to our Vixit Gujarat. Thank you. Jai Jai Garhwi Gujarat. Jai Hind. Thank you very much, sir. We would now like to invite Mr. Jay Frichan, Global CEO, Symtech, South Korea. Thank you, Honourable Prime Minister, Head of State Government, Union and State Ministers, Senior Officers of Government of India, and the State Government of Gujarat for hosting Vibrant Gujarat Global Summit 2024. It is my great honour to participate in this event and given the opportunity to interact with global and national industry leaders and other distinguished guests. As a supply chain partner for the semiconductor assembly and test industry, we, Symtech, provide the best-in-class semiconductor packaging IC substrates and high-density interconnect printed circuit boards to our industry-leading customers. We are very excited to share our own angle to the India project as a co-location investment, following our major customer, Micron's project in the State of Gujarat. I would like to emphasise that this is not our first time supporting our key customer's supply chain network with co-location investment. We have already done our project with Micron in China more than 10 years ago. We have recently executed another project in Malaysia together. Through these projects, we have proven to the market that co-location investment really boosted the growth of a semiconductor ecosystem in the region, and that it also helped our business to settle in the initial stage of the investment, which would not have been possible without the support of the next-door neighbour like Micron. Vibrant Gujarat Global Summit 2024 showcases the global movement of creating a new supply chain network in a fast-growing nation like India. And Sintag, as a company from Korea, is very proud to be part of this movement to achieve a new milestone, making a prosperous Gujarat for self-reliant India supply chain. We are now preparing for another round of co-location investment in India, following Micron's investment plan in Gujarat state. And I am very pleased to share the progress with the audience today that with the support from the central and state government, we are ready to make a significant investment in India and create thousands of job opportunities for high-skill talents in the state of Gujarat together with Micron. And most of all, elevating the India's PCB and IC packaging substrate industry to another level to make India's presence in this semiconductor supply chain network much stronger. We really look forward to further supporting our customers' supply chain, both in India and globally, and we will further enable India's domestic players to be part of the global supply chain ecosystem. Thank you very much. Thank you very much, sir. We now invite Shreya Chandraseekaran, Chairman, Tata Sons Ltd., for his address. Honourable Prime Minister Shree Narendra Modiji, Honourable Chief Minister Shree Bupendra Bhai Patelji, Governor of Gujarat, Distinguished Heads of States, Ministers, Ladies and Gentlemen. It's truly a great privilege and honour to attend and share a few thoughts on the 10th edition of Vibrant Gujarat Global Summit. The steady and spectacular progress of Gujarat consistently over such a long period of time clearly demonstrates the visionary leadership and the mindset of our honourable Prime Minister Narendra Modiji. Thank you, sir, for your leadership to Gujarat and to the whole country and to all of us. The impact of economic development has also resulted in tremendous social development. Gujarat clearly has established itself as the gateway to the future. For the Tata Group, Gujarat is a very special place. The Tata Group's origins started in Navsari, the birthplace of our founder, Jamsej G. Tata. The Tata Group started its presence here in 1939 with Tata Chemicals, 84 years ago. Today, 21 of our Tata Group companies have a very strong presence from Tata Power, Tata Motors, Tata Consultancy, our defence company Advanced Systems, Hotel, Tata Steel, and all our retail companies and Air India and many other companies. The group employs over 15,000 people in the state of Gujarat. Recently, we have made significant commitments to expand our presence in the state of Gujarat. Sanand is becoming home for all of our electric vehicles technology. We expanded the footprint in Sanand with additional capacity so that we can meet the growing demands of the electric vehicles. We concluded and are about to launch the building of a huge gigafactory for 20 gigawatts of lithium-ion batteries in Sanand. The project should start construction in the next couple of months. Then we also are building the C295 defence aircrafts, initially in Vadodara and then in Dolera and that work is going on full swing. The Tata Group has also made a commitment and is on the verge of concluding and announcing a huge semiconductor fab in Dolera and we are able to complete this negotiations and start in 2024. In addition to that, the Tata Group is also building in partnership with the Government of India and Gujarat Government and Indian Institute of Skills Institute which will be constructed over 3.2 lakh square feet and should be fully operational and will train more than 25,000 professionals every year, primarily in advanced manufacturing, electric vehicles, advanced electronics and then hospitality and the project's first phase will be launched in March 2024. In all, we see Gujarat as a very, very important destination not only for business growth but for the future advanced technology industries that India is looking to grow at. With all this, Gujarat is one of the most important destinations for the Tata Group and we hope to play a very important role in the future of the economic development of this state. Thank you once again Honourable Chief Minister for inviting me and thank you Prime Minister for your leadership. Thank you very much sir. We now invite Mr. Sultan Ahmad Bin Sulayum, Chairman, DP World UAE for his address. Prime Minister Sherry Nandramudi, Honourable Chief Minister of Gujarat Sherry Papadindra Patel, dignitaries of Government of India, UAE and partner countries. Yes, good morning. It's a great honour and a privilege to address the inaugural session of the 10th edition of the Vibrant Gujarat Global Summit. It is heartening to see Honourable Prime Minister Modi's vision of Vibrant Gujarat became a reality. I would like to congratulate and thank the Government of Gujarat led by Honourable Chief Minister Papadindra Patel for organising this summit and inviting me. The 10th edition of the Vibrant Gujarat Summit truly showcases its exponential rise as India's premier business forum, guiding the nation, Honourable Prime Minister's vision of Vixit Vara 2047. Gujarat also has been a pioneer in developing and promoting various industrial clusters and states such as the Gujarat International Finance Tech City, the Dolera Special Investment Region and the Gujarat Maritime Cluster, truly acting as the gateway to the future. Gujarat has a special place within the strong bilateral ties between UAE and India. The UAE is one of the biggest overseas investors in Gujarat, having invested more than $2.4 billion since 2017. And these strong connections have seen Gujarat export more than $7 billion worth of goods to UAE in the last year. India was the fastest growing major economy in the world in 2023. This growth is set to continue under the strong leadership of Honourable Prime Minister Modi and Honourable Chief Minister Patel. From investment and initiative, like Gakti Shakti, Gujarat and India will continue to realise their potential economic powerhouses. Like the vibrant Gujarat Summit, DP World also started our operation in Gujarat in 2003 with the opening of the Mundra International Container Terminal. Since 2003, DP World have invested in the state of Gujarat as well in other states in India in the tune of $2.5 billion. To develop multi-modal logistics, ecosystem connection ports to free trade zones, container freight stations in the late terminal, contract logistics, cold chain and express cargo services. DP World is planning in the next three years to invest in addition to that $3 billion. We will continue to support Gujarat economy by building state-of-the-art container terminal at Kandah with a capacity of 2 million containers. Looking ahead, we foresee deep trade, employment and cultural collaboration between India and UAE. DP World has signed strategic memorandum of understanding with the Government of Gujarat on the sideline of the summit, which reiterates our commitment to the state of Gujarat and India. We are proud to partner with the Government for the development of India's logistics sector, and we will continue to support the manufacturing industries of Gujarat and the rest of India to make India good globally competitive and accessible. I am grateful to the Government of Gujarat and to the organizers for inviting me to this summit, and I am certain that the 10th edition of Bible of Gujarat will set a new benchmark for success for years to come. Thank you very much. Thank you very much, sir. We now invite Mr. Shankar Trivedi, Senior Vice President, NVIDIA Global Field Operations for his address. Good morning, Honorable Prime Minister Narendra Bhai Modiji, Honorable Chief Minister Bhupendra Bhai Patelji, Distinguished Heads of State and Leaders of Government and Captains of Industry, Ladies and Gentlemen, Anibhaya Anibhenu. It's such a pleasure and honor to be part of so many giant captains of industry here as a humble Amdavadi boy who started many years ago, went to IIT, Delhi, and now have the privilege of representing NVIDIA at this summit. Generative AI is going to change the way we work, the way we do business, the way we govern, the way we live. Just like the Internet starting 30 years ago and the mobile revolution starting 25 years ago, the generative AI revolution will also do the same. Generative AI is going to affect all of you. More than five years ago, Prime Minister Narendra Bhai Modiji invited my CEO, Jensen Hong, to deliver a lecture to all of the heads of Indian governments in Devakyan Bhavan. It is the first time that a global leader actually talked about implementing of AI. Thanks to the leadership of Prime Minister Modiji, it has been a catalyst to accelerate the adoption of generative AI in India and also here in Gujarat. We today, I want to give you three specific things that NVIDIA has actioned over the last few months. Number one, skills development. We have created digital content that can be delivered online and in person to hundreds of thousands of students, developers, researchers, and technical institutions. We are already rolling out this curriculum content on generative AI to all of our business partners here in India, especially the global systems integrators. We are now most willing and keen and eager to partner with universities and technical institutions here in Gujarat and elsewhere in India to deliver this compelling content to the hundreds and thousands of developers in India. India has scale. India has talent. India has amazing data. India has a unique culture. Sovereign generative AI requires scalable AI data center infrastructure, hardware, and software in order to be successful. So secondly, I'm delighted to tell you that we are partnering with all of India's leading business groups, the Tata's reliance group and many others to set up state-of-the-art AI data center facilities and provision them here in India. Specifically today, I'm very happy to inform you that our partner, Yota, is setting up a state-of-the-art AI data center here in Gift City and it will be available and go live before the end of March. Thank you, sir. And thirdly, we are very strong supporters of Make in India. Make in India for India and Make in India for the world. Our partners, such as NetWeb and others, Evinin, Aetos, are actually already making state-of-the-art AI hardware for consumption here in India and elsewhere in the world. And we are working strongly with partners both in the upstream semiconductor and ecosystem such as Sanjay and his company at Micron and other semiconductor ecosystem partners, as well as downstream partners such as our system OEMs, our ODMs, our contract manufacturers, and other data center providers to establish a very strong AI electronics ecosystem in India which can service not just here in India and Gujarat, but also the global economy. Thank you again, sir, and it's a pleasure and privilege to be here. Jai Hind, Jai Garhvi Gujarat, and of course, God bless America too. Thank you. Thank you very much, sir. We now invite Mr. Nikhil Kamath, co-founder and CFO, Zerodha. I only have three minutes today, so I won't waste too much time by talking about me or setting context. Picture a 17-year-old boy, a school dropout in Bangalore from 20 years ago. Not particularly smart, not too educated, and no capital at hand. The school dropout from 20 years ago was a lot quieter, greener, without the vibrance that one might associate with Bangalore today. The fact that I'm able to stand here today in front of all of you, people I have idolized for so long, that opportunity to me has been incredible, and that to me is the India story. I often hear people talking about what India could be 10 years from now, what needs to change, or the fact that we will arrive in 10 years, in five years, or a certain period of time from today. I think we are standing too close to the trees and not seeing the forest, because the India I am in today, that is the India that to me has already arrived. The opportunities the country threw to a 17-year-old boy, again with no education, no capital or exceptionally smart, this in my view has not happened forever. The last 10 years have been incredible, and I'm not the only exception here in India. There are many other exceptions like me, we all hang out, we call this the startup ecosystem of India. The big change in India from the last decade, in my opinion, also has been that entrepreneurship has moved from something that we have all watched around us, heard in movies, or thought could happen, something that we aspire to. To entrepreneurship today, which is something that we all are actively trying. You could take an example of this being a housewife watching Shark Tank, a small time shoe salesman selling online on Flipkart. These are not stories that existed 10 years ago. To that one man in the audience here today, who in my opinion has facilitated this stable ecosystem for people like me to thrive, and millions of other, who we call the youth of India to thrive, I would like to say thank you, Modiji, for having created this ecosystem for all of us. Growing up, I used to talk to people that one relative in my family who went abroad, studied and did very well, travelling to the West seemed to be the best thing that could happen to anybody. Today when I talk to Indians in the West who have done very well, the only thing I hear from them, it's a very young word, I call it FOMO, the fear of missing out, they're talking about India as a story that they fear missing out today. That change which has happened in the last 10 years is so evident to see that it makes me feel proud, it makes me feel like I'm in the right place at the right time, and that place today is India. I often ask people if their life was a book, what would they call the current chapter? It's a good question for all of us to ask ourselves. When I look at India and I ask myself what would be this chapter in the book of India, the first word that came up in my mind was arrived. And finally as I stand here in a room full of politicians, diplomats, dignitaries, mentors, I don't look upon this ecosystem as the way I'm looking at this today is we're all potential partners in a story that could change the global economic landscape today and that story is India. And to all the foreign investors here, India is seemingly looking like the coolest party in town. I think what you need to be aware of is if you arrive too late, you might not get in. So I'd like to thank everybody. Thank you for this opportunity. Thank you everyone. Thank you very much, sir. Today we have with us dignitaries from a number of countries. We would like to invite them to share their thoughts with us today. We would like to invite his Excellency, Mr. Shin Hosaka, Vice Minister for International Affairs, Japan. Namaskar. Good morning. Honorable Prime Minister Narendra Modi, Honorable Chief Minister of Gujarat, Fentra Patel, distinguished guests, all the delegates in attendance. My name is Shin Hosaka, Vice Minister for International Affairs of the Ministry of Economy, Trade and Industry of Japan, or METI for short. First of all, on behalf of the Japanese government, I would like to express our gratitude to Prime Minister Modi for the letter to our Prime Minister Kishida expressing his condolences regarding the dirty earthquake January 1st in the North region in Japan. Thank you very much. Well, thank you for graciously inviting me to Bible and Gujarat 2024. It's a great honor to have a speech in this Sunday event. With the world facing multiple crises that include natural disasters, climate change, and geopolitical tensions. From international cooperation for addressing challenges, global scale is taking on greater importance. I wish to express my admiration for the formidable leadership of Prime Minister Modi, who despite such difficult circumstances has successfully upheld India's great responsibility of the G20 presidency and continue to tackle the promotion of economic cooperation among the global assassinations and the resolution of other challenges on the worldwide scale. India and Japan are special strategy global partners, bound by the universal values of freedom, democracy, human rights, and rule of law that we have shared over our long history of exchange. Being that we are at such global turning point, I firmly feel that more than ever, the strengthening of relations between India and Japan in the economic sector is imperative for the sake of carving out a sustainable peaceful future. Up to this point, Japanese corporations have continued to invest in the nation over India with a cumulative amount of investment between 2020 and 2023, reaching 38.3 billion dollars. This amount is second in the world when tax havens are excluded. The number of Japanese corporations that have entered into the Indian market and the number of their basis of operations they have respectively reached 1,400 and 1,800. Over time, these corporations have kept on contributing to the further development of India's manufacturing sector, particularly the automotive field. In the state of Gujarat, a manufacturing industry ecosystem centered on the four and two wheeled vehicle sectors have been intensively built there. In order to further accelerate the making of India initiative, Japan will further tackle the improvement of the investment environments through support for Japanese industrial parks. Gujarat currently hosts six Japanese-style manufacturing schools where we develop human resources to work on the manufacturing front lines. We intend to continue lending our cooperation in this field going forward. Initiatives by Japanese corporations are also extremely active. To give an example, Suzuki has already produced 750,000 vehicles at its Gujarat-based factory that each sells all over the world, not just in India. Moreover, the company has also adopted a plan to export electricity vehicles produced in Gujarat to Japan and Europe in 2025 and beyond. I feel deep gratitude towards the Indian-Gradualat governments for their cooperation for so long. Last July, we announced the Japan-India industrial creation initiatives in order to go beyond cooperation in the automotive industry and other existing industry domains to create industries in the name of future developing relations between our respective nations as we move forward. In the semiconductor, hydrogen-green and digital domains in particular, Meta is carrying out preparation to proactively assist with business development in India. For cooperation surrounding semiconductors, in July 2023, we executed the Japan-India semiconductor supply chain partnership and launched a policy dialogue. Last November, we promptly held our first meeting of that partnership, which had over 100 individuals representing Japanese semiconductor-related enterprise attendance. This time, as well, we carefully selected some semiconductor corporations with considerable potential to contribute to India and asked them to accompany us here. We hope to go beyond contribution to the establishment of the semiconductor ecosystem in India in the form of developing semiconductor manufacturing environment, improving the logistics environment, and developing semiconductor human capital. For the hydrogen domains, as well, we are providing support for attracting Japanese cooperation to India and lowering the initial risk associated with the start of operations in order to accelerate cooperation with the nation. In fact, world-leading equipment such as water-electric systems and ammonia-mixed combustion burners is in the process of being introduced in India. In addition, many will enact budgetary measures of US$200 million for the purpose of accelerating economic cooperation with India. Our hope is to develop concrete projects through these funds towards the future. The concept of Vibrant Gadgera 2024 is to get away to the future. Let Japan, with its accumulation of technology and India, whose growth is just beginning, join hands in driving forward international society and carving out the future of the world. I will close my speech with the pledge of cooperation as a representative of Japan, India's best friend. Thank you for being such an attentive audience. Thank you very much. Thank you very much, sir. We now invite His Excellency, Mr. Ibrahim Yosef Al-Mubarak, Assistant Minister of Investment, Kingdom of Saudi Arabia, for his address. This is the 10th edition of the International Gauge of Life. Let us begin with the introduction of India's famous economic journey, which reached India's 5th level in the world from where the economy and the direct foreign investment are. We also welcome you, as your headsman, to the 20th group as the voice of the national economy. It is one of our main focus as a member of the 20th group, in addition to the fact that we are proud to be part of the BRICS in this year. Since the launch of the Kingdom's 20th-30th vision, over the past eight years, the market has risen to 66% and the direct foreign investment has been lost four times. We are far from the goal of becoming the Kingdom of Saudi Arabia, one of the biggest 15 economies in the world at the end of this year, by the grace of God. The Kingdom as an investment company in the traditional infrastructure and the energy in the 20th century is worth that to include industrial and service sectors in the 21st century, such as tourism, culture, transportation, new energy, information technology, communication, cities and smart buildings, in addition to building, fuel and gas. In addition, the origins of the Saudi public investments have increased by 700 billion riyals, as well as the world's 9th level market. After the 25th level in 2016, more than 200 companies participated in the Saudi market, and a group of these companies are participating today. The Kingdom's projects are unique, such as transportation and transportation, because they represent some of the biggest independent projects on a global level and are available to investors, for example, as an opportunity to re-identify the industries and get a feel for the market. Today, the Red Sea project, the Giddiya project, the Ula project, the Adirya project and other projects. During this period, you will have the opportunity to meet with more people who have designed these projects and led them from the beginning. The people of Fakhama, Sumo and Al-Ma'ali, the Kingdom of Saudi Arabia, are not participating in the strategic interests of India. They are also participating in various groups. They include digital transformation, innovation, defense and space, as the Kingdom is proud of, because it is part of the historical agreement that has been announced by Hamish, a group of 20 members, which India signed in September last year. It is an economic agreement that connects India, the Middle East and Europe, with the modern technology, the infrastructure, and the Anabis as well, such as data cables, hydrogen and electricity. From what we will be proud of, we will have the opportunity to meet with more people who have created an exceptional opportunity not for the Kingdom, India and other countries. At the end, I thank our guests, all our guests, for their support. We ask Allah for this success and success. I thank all of you for your attention and for listening. Thank you very much. Peace be upon you. Honourable Prime Minister Narendra Modiji, Chief Minister, President, Your Excellencies, Ladies and Gentlemen, and keeping with the tradition, I too can use the phrase, Bhayo or Bhanu, Bhayo or Bhanu. From the British government, the Indian government is very grateful. I am very happy that the British government today is such a person who has a deep connection with India. Prime Minister Modiji, you defined the living bridge between our United Kingdom and India. And therefore, it is appropriate that I also extend the greetings of my Prime Minister, Rishi Sunak, indeed the son-in-law of Bharat, the son-in-law of India. And on this occasion of the 10th Vibrant Gujarat, it's my honour to represent the British government on this suspicious occasion. This summit has truly, in every sense, served as a masterclass on how to go about attracting global investors, to have a stake in that remarkable growth, which as we've seen captains of industry line up and say, is truly remarkable of India Bharat's story. Our nations may be separated by thousands of miles geographically, but that vast distance can diminish with the warmth between our people, that living bridge. And there is so much in common between our two nations. I'm going to park the whole theory of cricket for a moment, but that is an important bridge. And to those nations represented here who don't quite understand cricket, I assure you we the UK and India stand together in helping you understand this great game. But India's leadership and in congratulating the Prime Minister and indeed the whole government of India on G20 last year was a true testament to its determination. And I'm grateful to my friend, the Minister for External Affairs, Jaishankarji, for your leadership during that occasion along with Prime Minister Mordiji as well. And I'm really confident, Prime Minister, that this living bridge or people and ideas and innovation will truly make our partnership a potent combination for the years ahead. And I just want to reflect briefly on the why this is. India is the second largest investor in the United Kingdom. More than 900 Indian businesses operate in the United Kingdom. Indian, FDI in the UK is growing faster than any other country. And for our part, the United Kingdom has a unique mix of world-class expertise and indeed talent. Total trade in goods between our two nations stands at over 38 billion pounds. That's close to $50 billion. And that's increased in the last year alone by 24%. And that demonstrates the real strength between the two nations. The United Kingdom is the most globally connected economy in the G20, ranked second globally for soft power and the first in the G7 for international research collaboration and impact. And I know those are important sectors right here in Gujarat and for India as well. And we've heard already a great deal about green finance. London is also number one globally for green finance. And that's why we are truly ambitious. We are excited by the potential of our partnership with India and in particular with the state of Gujarat. And the United Kingdom is collaborating on many exciting projects in how we develop our relationship with Gujarat as we move forward. Take, for example, the Statue of Unity designed by UK architects, Arab, which now stands tall as a symbol of a new confident India. Or the JCB factory designed by Mark McDonald, whose machinery is now powering India's incredible infrastructure development. But Prime Minister, Chief Minister, we want to go further. We want to do more. And of course, we understand the power of education and we're proud of the strong association between India and the United Kingdom when it comes to our education sectors as well. When you power someone, an individual, no matter where in the world, through education, you empower them, their families, their communities, indeed their nations. And I know, Prime Minister Modiji, what a priority this is for you. And it is also live right now. We have just signed an MOU to enable closer collaboration between our higher education institutions. We want to go further in the areas of the creative economy, nurturing artists and boosting cultural exchange. Be in no doubt, business links will continue to grow, creating jobs and prosperity, whether it's from here in Ahmedabad to Aberdeen in Scotland in the United Kingdom. Our old friendship is blossoming into a new partnership. Bharat of Britannia. A very close friend. A very close friend. It is a true friendship. A lasting friendship. A deep friendship. And a binding friendship and partnership for today and the future. On behalf of you, Chief Minister Sahib, Gujarat, on this occasion, I thank you very much. Thank you so much. Thank you very much. Namaskar. Thank you very much, sir. We now invite His Excellency, Mr. Wahan Karobian. Minister of Economy, Armenia. Honourable Excellency Prime Minister Shri Narendra Modi. Honourable Chief Minister of Gujarat Buendrapaipatel. Excellencies, distinguished guests, ladies and gentlemen. Welcome to the vibrant Gujarat 10th Global Summit. As Minister of Economy of Armenia, I'm delighted to share the remarkable strides of our nation's has made, especially in the realm of technology, trade, and investment. Our economy has doubled in three-year time, and the economic boom has not only reshaped our domestic landscape, but also positioned Armenia as the most advanced economy within the Caucasus and Eurasian Economic Union. In the bargaining tech sector, dynamic trade environment and attractive investment opportunities in Armenia have drawn global attention. Our commitment to continuously improving a business-friendly environment is evident in our progressive policies, which have been instrumental in catalyzing growth and innovation. For example, with our good friends from United Arab Emirates, we managed to increase our mutual trade by 10 times to $2 billion in just two, three years, building firm trade bridges between different fragments of the world economy. A pivotal aspect of our economic narrative is the increasing movement of trade and the investments between India and Armenia. This bilateral investment flow is a testament to the deepening economic ties between our nations. It's heartening to see Armenian investments finding a fertile ground in India, and likewise Indian investments flourishing in Armenia. We see investments in high-tech manufacturing, metallurgy, mining, jewelry and diamond cutting and other sectors. Armenia may also contribute to semiconductor efforts of Gujarat and India, especially in R&D services. We have home R&D centers for several semiconductor companies such as Cisco, Microchip Technology, AMD, Siemens, NVIDIA, Synopsis and others. Given this promising potential, it's crucial for both the Armenian and Indian government to further encourage and develop this mutual trade, logistics and investments opportunities. By doing so, we can unlock new avenues of collaboration, foster innovation and pave the way for a prosperous future. Armenia's strategic position within the Eurasian Economic Union opens up additional prospects. Leveraging this position can benefit businesses looking to top into the expansive Eurasian market, facilitating industrial development, trade, logistics and joint ventures. Honorable Prime Minister. Recently, Prime Minister of Armenia announced crossroads of peace project that is aimed to strengthen logistics and economic connectivity across the region. As we convene at this summit, I offer you to explore the logistics opportunities to connect India and Europe via Iran's Chabahar, Armenia and Georgia. This multi-model transport route, which is under development now, may become a competitive linkage between Europe or Eurasia and India. For centuries, Armenian traders were actively engaged in trade between India and Europe. Let's strengthen our ties again, embark on new ventures and march towards a future marked by shared success and mutual growth. Thank you for the honor of presenting Armenia at this prestigious summit. Together, let's build a framework for sustained cooperation and mutual investments that benefits both our great nations and the region as a whole. Let's build the gateway to the future. Thank you. Thank you very much, sir. We now invite his Excellency, Mr. Teeth Rissalo, Minister of Economic Affairs and Information Technology, Estonia. Prime Minister, Chief Minister, Excellencies, ladies and gentlemen, dear friends, Namaste or Terehomikust, as they say in Estonia. I believe India is a spiritual country where people believe still in miracles. And let me present you one straight away. It's me standing here, representing the Republic of Estonia, free and independent country with a population of 1.4 million. Archeology tells us that Estonians have been living in the same place for 5,000 years. But from the written history of 1,000-plus years, we have been independent only 50. Despite that, we have maintained a unique culture and a full-blown... unique language and a full-blown culture. We regained our independence only 30 years ago. We started from zero. We had devastated the economy, zero capital and no major natural resources. For now, we are widely recognized as first and one of the most advanced digital societies. Estonia is a global leader in harassing the power of technology for its citizens. But the truth is, miracles just don't happen. You have to work hard to arouse them. And that's why we are here, to work together with nations and regions who share the same values. Democracy, rule of law, market economy drive forward. India certainly has instrumental role to play, but those values prevail globally. You have proved it repeatedly, most recently with an excellent execution of the G20 presidency. Thank you again, Prime Minister Modi, for the leadership. Estonia is ready to work with you and offer our best knowledge on digital public goods, on e-governance, cybersecurity, green tech, educational technology and personal medicine. And we know India grows when the states grow. So we're happy to work on all this with Gujarat, because Gujarat means growth. And then, if we work hard, we know the reward. In the end, the truth alone trumps. Thank you. Hope for a good cooperation. Thank you very much, sir. We now invite His Excellency Mr. Riyad Mazor, Honorable Minister of Industry and Commerce, Murokko, for his address. Honorable Sri Narendra Modi, Prime Minister of Bharat. Honorable Chief Minister of Gujarat, Sri Bhavendra Patel. Honorable Head of States, Chief of Governments, Ministers, Excellencies, Ladies and Gentlemen, it's my honor and distinct privilege to address this esteemed assembly at the 10th Firebrand Gujarat Global Summit, representing the Kingdom of Murokko. I'm deeply grateful for your gracious invitation extended to my by the government of Bharat. This marks a significant milestone as Murokko proudly participate as a partner country for the second time in this globally acclaimed summit. This summit, an initiative that we owe you, Prime Minister Modi, that we owe to your leadership, stands as a beacon of opportunity, not only in fostering business projects, but also in fortifying the enduring bounds of cooperation and friendship that so splendidly unites Murokko and Bharat. The historical visit of our beloved King Mohammed VI to Bharat in 2015 and his meeting with you, Honorable Prime Minister Modi, marked a new era in the cooperation between my country and Bharat, raising the level of bilateral relation to a strategic partnership. Even our beloved King, at that time, expressed his admiration for the Indian model, which has succeeded in emerging as one of the largest world economy. Let me comment on what have been said beforehand. Prime Minister Modi, you made Gujarat as an engine of growth for Bharat, but you made Bharat as tea in time of growth of the world. Murokko, for its part, has also evolved positively, showing a regional leadership in advanced sector, such as automotive, aerospace, semiconductor, and fertilizer industry, coupled with a significant transformation of historical sectors such as textile and agri-food. All sectors have been performing remarkably well, despite successive crisis, which confirmed the undeniable success of the industry policy of Murokko, Gujarat, and Bharat. Since then, our two governments have worked tirelessly to achieve the objective set. Today, there are almost 50 agreement and MOU signed in various sectors. Today, there are also 45 Indian companies established in Murokko while there were only 13 in 2015. Today, our exchanges have tripled from $1.4 billion to $4.2 billion. Today, Gujarat, India, has hosted the most important Moroccan investments in Asia. This is a testimony of the great momentum that had been injected into Moroccan Indian bilateral relations, and I'm confident this will continue to grow as both of our nations share a commitment to economic growth, sustainable development, and mutual prosperity. Ladies and gentlemen, under the guidance of our beloved king, Murokko has embarked on a transformative journey guided by a strategic development roadmap that has steered the nation towards openness and remarkable progress. In the face of supply shocks and succession of global crisis, Murokko resilience has been extraordinary, showcasing its agility to navigate through multifaceted challenges with innovative solutions. Indeed, our country GDP has tripled in the last 20 years, and we multiplied our manufacturing export by six since 2000. Today, 87% of our exports are manufactured products. Today, Murokko is the first manufacturer of cars in Africa and one of the most competitive countries worldwide in producing cars and renewable energy. Well, the best and the most competitive country in producing cars is still Barat. Moreover, thanks to our ideal position as a continental and world-class hub, it's free trade agreements giving access to more than 100 countries and 2.3 billion consumers, and its political and monetary stability, Murokko offered great opportunities for investors to settle. Ladies and gentlemen, given the commitment of my country in accordance with the high-rural vision to the promotion of an active, solid and supportive cooperation in a spirit of co-development and shared growth, Murokko and Barat can work closely through a South-South triangular cooperation to promote growth in Africa, India, and in the world. Our strategic partnership should also enable our countries to develop joint initiatives that include the entire African continent in the process of industrializing and developing economies, but also to ensure food and health securities. Ladies and gentlemen, the time is ripe for Murokko and Barat to forge a stronger, more dynamic partnership by leveraging our respective strength and addressing the challenges together. We can create a future market by shared prosperity, innovation, and growth. Thank you very much. Thank you very much, sir. We would now like to welcome his Excellency, Mr. Prakash Sharanmahad, Finance Minister of Nepal. Right Honourable Prime Minister Sri Narendra Modiji, Honourable Chief Minister of Gujarat, Sri Bhupendra Bhai Patelji, Distinguished Participants, Ladies and Gentlemen, warm greetings from Nepal. Namaskar, Namaste. At the outset, let me express my sincere gratitude to Honourable Bhupendra Bhai Patelji, Chief Minister of Gujarat for inviting me in this August gathering. I am deeply honoured and privileged to be part of this vibrant Gujarat Global Summit 2024. This Global Forum for Business Networking, Knowledge Sharing, and Strategic Partnership for fostering sustainable and inclusive growth has now been a forum for all. Modiji has envisioned vibrant Gujarat concept in 2003. Under your visionary leadership, this idea of entrepreneurial spirit of Gujarat has now been translated into vibrant India. India is now a major global economic power. I also like to commend Modiji for your transformative leadership during G20 presidency, which has brought this mechanism to a next level. That is, you have made this more inclusive and broader vibrant Gujarat development model, which you are translating nationwide, has been a source of inspiration for many countries, including Nepal, is now managing financial resources and technological know-how for addressing economic, social, and environmental challenges of our time. Nepal and India, actually, Bharat, since thousands of years, have common places of great Hindu and Buddhist religious worships. And we are visiting each other's places since ancient times. I'm happy to inform you that visitors from Gujarat are one of the largest in Nepal. I still have fresh memory of Modiji's statement delivered in our parliament in 2014, particularly your impasses and hit that is highways, information ways, and transmission ways. I'm happy to share that we are working together in all these areas to improve connectivity, strengthen market linkages, and to reduce transaction cost. Recently, Nepal and India have signed a long-term power purchase agreement of exporting 10,000 megawatt of electricity to India over 10 years of time. This will immensely open up investment opportunity in hydropower in Nepal. It will also contribute to achieve green energy transition target, not only for Nepal, but also in India. Situated between two global economic powers, Nepal has adopted liberal market-oriented economic policy since the early 90s and is a member of several international organizations and multilateral agencies. And we are implementing trade and investment policies and regulation of international standards. Nepal provides investor-friendly regulatory and legal framework with macroeconomic stability and rule-based democratic political system. Our legal system prohibits nationalization of private enterprises and properties. We guarantee national and non-discriminatory treatment to foreign investment. Those who have invested in Nepal are enjoying good returns on their investment. The abundant, natural, and educated human resources together with potential domestic and export market ensures attractive return for prospective investors. There are huge, untapped investment opportunities in Nepal, in energy, tourism, agribusiness, and ICT. There are also other potential areas of investment, such as health, education, manufacturing, construction, transportation, mining, banking, and financial services. Nepal is organizing investment summit in April 28 and 29 this year in Kathmandu. I would like to use this occasion to cordially invite all captains of industries and entrepreneurs from India and other participating countries for your valuable involvement in this summit. I hope your innovative business ideas and investment decisions will be a milestone for unlocking growth potential of Nepal. Once again, I would like to express my sincere thanks to the state government of Gujarat for providing me this opportunity to witness remarkable confluence of minds and energies in vibrant Gujarat global summit. I wish for the grand success of this summit. Thank you very much. Thank you very much, sir. We now invite His Excellency Mr. Tran Lu Quong, Deputy Prime Minister of the Socialist Republic of Vietnam, to deliver his address. Ladies and gentlemen, I am very happy to attend the global summit. Gujarat is the 10th largest city in the world with a small main building in the future in Gujarat, which is more than the largest city in the world, Mahatma Gandhi of the country and the people of India. It is more than Ngai Thu Thuong, Narendra Modi. With the largest day of the summit and the participation of the leaders and entrepreneurs of India as well as the countries, Gujarat has clearly seen the vision of the Prime Minister, his efforts and his efforts. He has also emphasized the importance of the high national level of India. We are living in a world of complex and difficult changes. Although there are many challenges, peace, cooperation and development is still a big challenge. We have high prices for this summit, focusing on the new development strategies, including green economy, Tuan Hoang economy, Tso economy, and Thong Minh city. This is also one of the first areas of development and international cooperation in Vietnam. To strengthen the above-mentioned areas aimed at the development goals of the region, we believe that governments need to create a political, legal and investment market for Tuan Hoang, to ensure a fair, fair, and open up the strategy in the best way possible. The government's investment in the region needs to be more advanced, and to strengthen and improve the resources of the private sector and the foreign capital. In international cooperation, we need to bring these areas to the main and more powerful cooperation to the present. Development countries need to strengthen their support. Development countries are developing technology, technology, modern management, and artificial intelligence. The rapid and active development economy is the fifth largest in the world. India is fully capable and is getting better and better. This is still the case. Ladies and gentlemen, over time, the traditional and strategic relations between Vietnam and India have not stopped developing in the fields. Vietnam appreciates and values the support of India in the development of artificial intelligence, technology, energy change, and number change. Over time, we hope to strengthen India's cooperation in the field of Naurian Gujarat, especially in the fields that are strong in India, and in combination with the development of Vietnam. In that field, many fields will be changed at this time. We are friends, we are close partners, and we are an active member of the international community. Vietnam is always grateful and willing to create the most common life for the long-term investment industries in Vietnam. We believe that a good cooperation between Vietnam and India does not only bring little benefits to the industry and the people of the two countries, but also a positive impact for the peace, cooperation, and development of the environment in the world. Congratulations to the Prime Minister, the leaders, and all of you for your health and happiness. Congratulations to our successful meeting. Thank you very much. Thank you very much, sir. We now honour to invite his Excellency, Mr. Petrefiala, Honourable Prime Minister, Czech Republic for his address. Honourable Prime Minister Modi, Chief Minister Patel, President's Excellencies, ladies and gentlemen. First, please let me congratulate you on 20 years of this successful summit. I am excited to see Gujarat's impressive economic growth and to feel the energy of the largest democracy in the world. Thank you, Chief Minister Patel, for your kind hospitality. It is a real pleasure to be here. Ladies and gentlemen, the topic of this summit is gateway to the future. It is a big inspiration. We are at a special point and can choose our future. It is a time of dramatic risks but also of great chances because the problems of today are very complex. It is not wise to concentrate on only one strategy. I think the humanity needs to work with three main priorities, three keys to unlock the gateway. The first key is innovation and new technologies. The second key is advanced industry and the third key is applied research which benefits the public like in health and medicine. Please let me tell you about the position of the Czech Republic. The first key is innovation and new technologies. My country is quickly moving to higher value economy. We are changing our education system and we want stronger accent, we want stronger accent on STEM subjects. We also support innovation and partnership between universities, research institution and private sector. Maybe you know some innovative Czech brands. For example, the software security company Avast or the online ticketing global player Kiwi. My government is mainly interested in long term strategic investment. This includes AI research, electromobility and especially semiconductors. They are key for high tech industries today from cars to mobile phones. We also pay close attention to innovation in the energy sector. Unlike many European countries, we believe in the future of nuclear power. We have 50 years of expertise in nuclear power, our top interest in development of small modular reactors. On this way we want to work with leading global makers. It is also a chance to improve our Czech Indian capacities in nuclear energy research. We are very serious about innovation in renewable energy and green digital technologies. The goal is to have reliable, efficient and sustainable energy. This is about green environment and the potential for Czech Indian collaboration is great. Not only in energy, but also in wastewater treatment or in sustainable agriculture. The second key to our future is advanced industry. My country is a great exporter of high-quality industrial goods. I am sure that you know some of the traditional Czech brands. Bata, Škoda, Tatra, Oriava, Java are well-established in India. Our companies are leaders in land transport. Škoda auto-produces cars here and has a new logistic center in Pune. It can be active and make India a mobility hub of tomorrow. We also have great railway cars makers. Czech companies build wheel sets here in India. And we offer solutions for cities, trams, hydrogen buses or smart transport systems. We have many advanced companies in the space industry. It is very strong in the Czech Republic. Their products are parts of rockets and satellites from the European Space Agency and others. Our aerospace and defense industry is always ready to help our friends in India. In all sectors of our industry, we are proud of traditional and new products and their quality. The third key is applied research in fields like healthcare and medicine. There are many major issues in public health, lifestyle diseases, sustainability of public health systems and the new health dangers. COVID-19 is a typical example. It shows us the benefits of international cooperation, sharing results and experience and fighting the virus faster than ever before. It also shows us the need to be prepared for other new dangers. In health and medical science, fast innovation can bring big benefits to people. Its importance will only increase. There are many bad demographic and lifestyle trends in the world today. And health and medical research is also a very important driver of future economic growth. I am very pleased that Czech Republic and Indian universities cooperate successfully in this area. Tomorrow I will visit the NIMS University in Jaipur. It has a strong focus on medical research and training of health professionals. It is an institution which applies experience of top-check and Indian experts. Ladies and gentlemen, I briefly presented three areas, three keys which can unlock the gate to our future. With them, we have a chance for a sustainable future. It offers a better life for humanity. All of them are connected to science, technology and innovation. This is intentional. I believe that knowledge is the most important factor for growth, well-being and happiness. I am very happy that the partnership between India and the Czech Republic is based on this vision. We show this today together with Prime Minister Modi by endorsing our strategic partnership on innovation. The partnership covers many areas, including science, new technologies, energy, healthcare or infrastructure. There is great potential in this joint statement. India and Czechia understand the role of innovation in solving the challenges of today. Our countries believe that the economy of the future will depend on deep cooperation. This gives me great hope that our partnership will bring concrete results for our peoples. Ladies and gentlemen, the future can bring many new problems, but we already know how to be prepared by focusing on skills and innovations and by working with trusted partners. I wish you a successful discussion and thank you. Thank you very much, sir, for your words of appreciation and encouragement. We now feel proud in inviting his Excellency, Mr. Philip Newsy, Honourable President Mozambique to deliver his address. Ladies and gentlemen, I welcome you to the State of Gujarat. Your ministers present this week, my ladies and gentlemen, I begin my intervention by greeting and thanking your Excellency and my brother Narendra Demordadas-Modi, who has been a part of our partnership to participate in this event of great relevance for our countries. I take this opportunity to congratulate your Excellency, Gen20, the historic moment that managed to put the African continent, or the African Union, as a permanent member of Gen20. We greet you in a different way. We greet you in a different way. Your Excellency, Mr. Narendra Patel, Minister, Chief of State of Gujarat, to the people and government of Gujarat for the welcoming that has been given to us since our arrival, to this historic industrial city, the largest oil refinery center in the world, and of diamond polishing and cutting. Mr. Prime Minister, silence. Hama Dabadi. In Hama Dabadi, I feel my own home, because it was here that I acquired knowledge that helped me add to what I had previously achieved and with the spirit of always learning, it allows me to give my humble contribution to the development of my country, Mozambique. I am Prabhat Mara Gujarat, from Jouacion. My name is Jou. I am from Nama State. The Republic of Mozambique and participating in this singular forum of Gujarat with the aim of learning and sharing the experience at the level of state, entrepreneurial, civil society and the academy as it is being structured in the event. It is our interest to identify opportunities and establish partnerships collectively and with a base in mutual advantages to create resources for a harmonious development, the creation of wealth and well-being for our people. The Republic of India and the State of Gujarat, in particular, offers many countries, many countries in development, the opportunity to share the experience of resilience and of overcoming obstacles to development. The fact of this 20-year-old-instituted Biennial to assume itself as a starting point for the self-sufficiency of a region, the global Gujarat has, too, a particularity to encourage countries and states to make a presentation on the opportunities of business and investments offered. Our interest is to learn from the experience of Gujarat and even more because we believe in the development strategy based on self-sufficiency, that is, on the production and internal transformation of resources to our sport based on self-consumption and exportation. On the other hand, the issues of this edition of the global Gujarat will be important for the strengthening of our bilateral cooperation. We highlight the promotion of commercial failure, the issues of transition to green economy in the field of sustainable economic development, innovation technology as an engine of economic growth and the question of sustainable infrastructure financing. In silence, Mozambique is a country with economic potential yet to be explored, as we see, Arab lands and abundant rivers, conditions for the practice of industrial agriculture, fishing and fishing, maintaining huge reserves for the development of the extractive and transformative industry. The country still has large reserves of heavy areas in addition to other mines of high commercial value, such as diamonds, precious stones, copper, iron, graphite, in fact, talking about graphite, the CEO of Suzuki said about the production of materials, immediately I invite him to produce Mozambique because graphite is in abundance, but also Mozambique, Pachui Carval Mineral and we are already exporting to this country in large quantities, and this is just to mention some examples. Our country is also known as a detentor of enormous energy potentials, hydropower energy and solar oil and we are now projecting the construction of a large hydroelectric dam for more than 1,500 megawatts, we hope that there may be interest in participating with us still. This also includes one of the largest natural gas reserves in the world, in the Rovuma basin, in fact, I can't say that three major companies in this country are partners in the exploration of gas to Mozambique. Mozambique also offers opportunities for the development of all kinds of tourism, including eco-tourism. Our country, for being bathed by our common ocean, which is the Indian Ocean, allows the Mozambique Channel to be the strategic commercial route of many countries, including the countries of the interlending of Australia, which the access to the sea is through Mozambique. Also, in this podium, the CEO of Nipio World, he can be the witness because they are already operating in the Mozambican ports. Therefore, investing in Mozambique is also a benefit of the economic opportunities that the sub-region of Austro-Austral Africa is offering in the countries of Sadec with a market of more than 250 million inhabitants. The legislation on investments in Mozambique offers a package of incentives to investors who decide to bet on the country to produce bans and services that create jobs opportunities for young people, Mozambican people, and agree on the growth of value, industrialization and modernization of the economy. In this context, to strengthen international cooperation through the creation of productive partnerships that lead to a rapid acceleration of global economic growth and the improvement of the living conditions of our populations, I invite women, men from Indian businesses and from all over the world to invest in Mozambique in a multidimensional basis. The Mozambican government will do everything it can to ensure an economic partnership in which we all know how to win and together we contribute to a prosperous world for us and for future generations. I finish by saying that the collective goal has become the patent that improves the living conditions of humanity in a peaceful environment with cooperation, solidarity and sustainability in which we respect and preserve the planet on Earth, our common home. We vote that this week we will bring viable businesses in benefit of our countries and people. We all want better adventures and many successes in the creation of progress and well-being common. Thank you very much for your words of praise. Thank you so much, sir, for your words of praise and your insights on a shared journey of development. We would now with pleasure invite His Excellency, Mr. José Ramos-Mirta, Honorable President de Morlesi, to deliver his significant address. Excellency Prime Minister Modi, Chief Minister Patel, Excellency President Mozambique, Felipe Jacinta Newsy, Prime Minister of Czech Republic, Ladies and Gentlemen. It is always a real pleasure to set foot on this land of a great ancient civilization. My first visit in India on a personal capacity in April 1992 had been spent more than a week in Dharamsala. My first official visit was in 2003, a senior minister for affairs of the newly independent de Morlesi. I visited again India in 2013, 2014, 2015 in different capacities. In my previous position as senior minister for affairs, I wholeheartedly supported India's meritful right to be a permanent member of the UN Security Council. And I'm continuing to advocate for India and for Indonesia, to Asian countries to be permanent members of a reform expanded more representative UN Security Council. As chair of in 2014, 15 of the high level independent panel on UN peace operations, I visit Delhi for extensive consultation with leaders, including senior military officers. I work closely with the Department of Mission of India to the UN in New York. As we produce a 100 page report and recommendation on how the UN should anticipate, respond more timely and effectively to the new emerging security challenges. This is my relationship with India. My sincere appreciation for the invitation to address this prestigious international forum. My gratitude to a great visionary, transformative leader, Prime Minister, Narendra Modi, who conceived the 10th vibrant Gujarat Global Summit in 2003. Gratitude for the warm reception extended to me and members of my delegation. This forum, now renowned globally, has been a catalyst for business networking, knowledge sharing, strategic partnerships, inclusive growth and sustainable development. The state of Gujarat, driven by an inherent entrepreneurial spirit, has emerged as an industrial leader and a favorite destination for investment. Timor-Leste, for its part, represents an oasis of peace, tolerance and stability, where fundamental rights and freedoms are strictly safeguarded. The International Media Watch, called Reporters Without Borders, based in Brussels, rates Timor-Leste number 10 globally in media freedom out of 193 countries. Timor-Leste stands out with a business environment conducive to investments, having consolidated global presence as an active member of the United Nations, the community of Portuguese-speaking countries, CEPELPE, a pioneer founder of the G7-plus fragile states, leader and spokesperson in climate change within LDCs and seats. We are progressing our membership process with WTO, which should happen probably in February, hoping to formally exceed by March this year. Formal ASEAN membership should occur in 2025. We are committed to creating a favorable business environment with legislation in line with international best practices, protecting foreign investments, eliminating double taxation, open PPPs, BOTs and any other mutually beneficial modality consistent with the priorities outlined in our National Strategic Development Plan. We have a sovereign wealth fund with significant investments in US strategy bonds and other developed market bonds and have invested significantly in equities with internationally, with more than 1,000 portfolios, with annual returns of over 8%. We have zero debt to commercial banks. Our debt to regional or multilateral lending institutions is 13% of our GDP. Our young and vibrant diaspora president in countries such as Australia, South Korea, Indonesia, Malaysia, Portugal, the United Kingdom contribute significantly to the development of both host countries and the more or less with foreign remittances being an important part of our society while being. We invite you, ladies and gentlemen, to invest with us, be part of the realization of a dream. Opportunities abound. I outline some. In the tourism sector, almost the entire northern coast of Timor-Leste, plus Atahuru and Jaco Islands, team with the richest biodiversity in the world. That's according to conservation international, not according to me personally. Boasting the healthiest coral biodiversity in the entire region, known as the Amazon of disease. Atahuru Island, located north of Timor-Leste's capital, is recognized as a most important part of the global center of marine biodiversity and a global priority for conservation. We integrate a region that covers 1.6% of the planet's ocean area, bursting with marine life, home to 76% of all known coral species in the world and habitat of more than 3,000 species of fish. We are seeking investments and partnerships in hotels, resorts, home stays, conventional centers, restaurants, services, customer support, wellness, and hospitals. In the oil, gas, mineral, renewables, minerals and renewables, we have a vast resources, oil and natural gas reserves, onshore and offshore, within our exclusive economic zone, where the greater sunrise gas field stands out. Whose consortium led by Woodside is expected to bring this important wealth onshore very soon. In the coming years, Timor-Leste will invest in the construction of a modern gas pipeline and petrochemical industry as part of our major Tasimane project. This major national investment includes, among other, the construction of a refinery, the adaptation of our power station to natural gas, and the development of a multifunctional supply base for all the related needs. We also have large reserves of other minerals, huge marble structures, limestone, as you know, a key resource for the development of cement industries and other construction products, capable of feeding the domestic market and supplying growing foreign demand. Green economy renewable energies, committed to sustainable development, we seek to invest in renewable energy as prudent incremental transition to renewable energies. We are looking forward to working with the UAE, led by a visionary leader, our friend President Sheikh Mohammed bin Zayed Al-Nayan, with whom we share many commonalities. This is in line with commitments made at the recent COP28 summit held in Dubai. I take the opportunity to congratulate Israel Hynes, the president of UAE, Sheikh Mohammed bin Zayed Al-Nayan, for the success of the UAE chairmanship of the 28th Conference of the Parties to UNFCCC. We have a great potential for developing solar and wind energy production fields. And some projects are underway with the support of the Asia Development Bank, namely in the municipality of Anatole to where an initial investment of US $120 million is expected to produce in 25 years overall return above US $300 million. We seek to develop hydroelectrics with the construction of dams and mini hydroelectric plants that can take advantage of the mountainous terrain and rainy season, guaranteeing access to clean energy and reserve water for irrigation and urban supply. Infrastructure and transport. In the last 15 years, we have seen dramatic improvements in our infrastructure sector. National roads, electricity, now covering 96.1% of the country. One state-of-the-art port, the Port of Tiber Bay, operating since 2022 with an total investment of $280 million. This was a first public-private partnership celebrated between Timor-Leste with the French Bollardier Group and the World Bank. One of the best projects in this sector, it is capable of transforming this port into a hub for connecting people and goods at regional level. We are also starting the first phase of the expansion of DELI International Airport with an initial investment of $97.7 million partially funded by the ADB, IFC, and the governments of Australia and Japan. These includes expanding the runway, building a modern terminal. These links up to a wider program facilitating air services with other national and regional airports, combined with aircraft maintenance network capable of transforming Timor-Leste into a hub for air connectivity and services. In connectivity, we are looking forward to the arrival onshore in DELI in 2024, nine months from now, of a submarine cable from Port Hedlund, Australia, a project funded by the Australian government. Health, the development of the national health system with improvement and modernization of our primary, secondary, tertiary health care network, go hand in hand with investments played in tourism infrastructure, in different economic activities, responding to the needs of our national and foreign customers. We are looking at building new, modern, well-equipped hospitals. In 2002, we had 20 medical doctors for roughly 900,000 people. In 2024, we have over 1,200 medical doctors for 1,400,000 people. Our ASEAN roadmap and accession anticipates the construction of suitable infrastructures to host international summits, such as airports, communication facilities, five-star hotels, conventional centers, modern health and hospital services. Agriculture, fisheries and forestry. Timor-Less has great potential for agriculture development. Traditional crops such as ice, coffee, maize, cassava, cocoa, vanilla. We have one of the best, I would say, the best coffees in the world. I apologize to any coffee-producing country here, but I think we are rated the best in the world. And the Prime Minister, I suggest Indians should drink more coffee. That would help selling our coffee. We plan to develop projects that can respond to the needs of domestic consumers and hence food security and self-sufficiency in order to reduce excessive dependence on imported food. We will invest more in the production, processing, distribution and export of meat, fish and seafood, milk and dairy products with added value that may contribute to reducing malnutrition and poverty. Investments can also be in the reforestation of areas at risk of national disasters, planting traditional species such as sandalwood, or those with great commercial potential such as mahogany. Inspired by India, we seek technologically sustainable growth, promoting innovation and digital economy. India has highly trained and specialized human resources in the new technology sector, taking advantage of the different telecommunications infrastructures. You have also been successful in developing highly profitable digital economy project that benefits the entire production value chain. You have linked producer, distributor, retailers and consumers on one hand and promoting increasingly innovative, creative, competitive products through digital platforms and social online networks on the other. Prime Minister, dear friend, we eagerly anticipate the inauguration of the Embassy of the Democratic Party more or less in Delhi soon. This year, simultaneously we await with great anticipation the opening of the Embassy of India in Delhi, thereby solidifying the visionary concept put forth by Your Excellency, Prime Minister Modi, a call to forge a Delhi-Dili axis of progress and development. The problem with Delhi and Delhi is sometimes people book intend to come to Delhi. Instead, they end up in Delhi and it happened many times. This axis of progress is set to be upon the robust foundations laid by our shared bilateral and multilateral cooperation. It promises to be a testament to an enduring friendship equating the dedicated service of Indian diplomats such as ambassadors Kamala Sharma, a tool card to dear friends who serve in our country as special representatives of the UN Secretary General in Timor-Leste. Our gratitude extends to the 7,737 peacekeepers, military and police who played critical role over a decade of the United Nations mission in Timor-Leste. India, a contributor, active contributor to Untayet, UNICEF, Unotil, UNMIT played critical role in fostering stability and security in Timor-Leste. India's commitment to assist in Timor-Leste in developing essential human resources, diplomats, and the leadership officer as part of its process to accession to ASEAN is highly commendable and we are very grateful to you, Prime Minister. Notably, 12 diplomats have recently undergone training at the Shusma Swarajah Institute of Foreign Service. A demonstration of fulfillment of this commitment. We hope to expand this partnership in coming years. May the summit thrive as a catalyst for fostering fruitful partnership for global sustainable development and shared prosperity. I thank you and God bless we all. Thank you. We are privileged to have heard the Nobel laureate, His Excellency, Mr. Jose Ramzorta. Thank you so much, sir, for your enriching address. Honourable Prime Minister Shree Narendra Modiji, a global leader rooted in the philosophy of Vasudheva Kuttumbakam, envisions a sustainable future through initiatives like Wixit Bharat at 2047, aiming for a developed India by 2047 with a five-trillion economy. He relentlessly emphasised his sustainable growth, hailing from Vibrant Gujarat, Modiji's leadership reflects its ethos of entrepreneurship and progress, showcasing Gujarat as a model for development. His global outlook aligns with a vision for an inclusive and prosperous future inspired by Gujarat's cultural, richness and economic vibrancy. Ladies and gentlemen, please join your hands together to welcome the one and only Honourable Prime Minister of India, Shree Narendra Modiji. His Excellency, Mr. Philip Newsy, President of Mozambique, His Excellency, Mr. Ramos Horat, President of Timor-Leste, His Excellency, Mr. Paitr Phiala, Prime Minister of Czech Republic, Gujarat's Governor, Acharya Devaradji, Lok Priya Chief Minister, Bhupendra Bhai Patel, all the special guests from abroad and all the great ladies and gentlemen, all of you have a very, very good work of 2024. The time has come for India to be free for 75 years and now India is working on the goal of the next 25 years when India will celebrate its 100th anniversary of freedom, till then we have the aim of developing India. And that is why this 25-year-old work of India is in the process of death. This is the work of new dreams, new ideas and new ideas. In this era, this is the first vibrant Gujarat global summit and that is why its importance has increased. In this summit, I, the President of 100 countries, welcome you all to this important journey of developing India. Friends, the President of UAE, my brother, his Highness Sheikh Mohammed bin Jayat, is very happy to be part of this event. In this vibrant Gujarat summit, as a chief guest here, India and UAE have a strong soul relationship. A while ago, we listened to their thoughts. India's trust and co-operation is filled with warmth. Like they said, vibrant Gujarat summit, economic development and investment is a global platform. In this summit too, India and UAE have made a lot of efforts to develop food parks, to increase renewable energy, to invest in innovative healthcare, to understand many important things. In India's port infrastructure, many companies have helped new billions of dollars. The sovereign wealth fund of UAE will start operating in gift city. Transworld companies, aircraft and ship leasing activities are also going to start. India and UAE have given new heights to their relations. Their great-grandson, my brother, his Highness Sheikh Mohammed bin Jayat, friends, the president of Mozambique, his Excellency, Newsy, has spoken to me in detail yesterday. For him, Gujarat is like refreshing the old memory. President Newsy, I am Ahmadabad's alumni. For India, I am proud that in our G-20 presidency, the African Union was established. With President Newsy's visit to India, our relations have been strengthened. There is a bigger gap between India and Africa. Friends, the Prime Minister of the Czech Republic, His Excellency Pyotr Fiala, has said that the first Indian journey is on this path. In fact, he has already come to India. The Czech Republic is connected to the vibrant Gujarat summit. Between India and the Czech Republic, technology, automobiles, manufacturing, such as a sector, is getting better and better. His Excellency Pyotr Fiala, I also believe that with your journey, both the countries will be strengthened. Where do we go? In the form of the Prime Minister, your first visit to India, there is hope. You will remember a lot and go from here. Friends, Nobel Laureate and the President of Timor-Leste, His Excellency Ramos Horta, I also welcome you to India. His Excellency Ramos Horta's Gandhinagar Aana, is another speciality. It is connected to the independence of the non-violence of the Mahatma Gandhi and the independence of our country. In the Asian and Indo-Pacific region, our connection with Timor-Leste is very important. Friends, a few years ago, the vibrant Gujarat Global Summit was completed for 20 years. Within 20 to 20 years, this summit has given new ideas to the platform. It has made new gateway for investments and returns. And now, the theme of the vibrant Gujarat Global Summit is Gateway to the Future. The future of the 21st century will be the same as our efforts. India has given a roadmap for the global future during its G20 presidency. The vision of the vibrant Gujarat Global Summit is moving forward. India, I2U2 and other multiliter organizations are strengthening the partnership. One world, one family, one future, is needed for the future of the world. Friends, the world order is changing rapidly today. India, the vision is moving forward. Today, India has given the vision that we can achieve the ultimate goal, our own goal. For the future of the world, the vision of India, the effort of India and the challenge of India today's world is making the world more secure and safe. The world looks at India as an important pillar of stability. A friend who can be trusted, a partner who believes in people-centric development, a voice that believes in global good, a voice of the global south, an engine of growth in the global economy, a technology hub for finding solutions, a powerhouse of talented youth and a democracy that delivers. India's 1.4 billion people's priorities and aspirations are based on human-centric development. Our commitment to inclusivity and equality, the development of the world and the development of the world is a great foundation. Today, India is the fifth-largest economy in the world. Two years ago, India was at the top. Today, every promoting agency in the world has the honour that India, in the next few years, will go into the top three economies of the world. People around the world will continue to do the analysis. My guarantee will be the same. At such a time, when the universe is surrounded by many uncertainties, then India is one of the world's new leaders. India's priorities are absolutely perfect. Today, India's priorities are sustainable industry, infrastructure and manufacturing. Today, India's priorities are new age skills, futuristic technology, AI and innovation. Today, India's priorities are green hydrogen, renewable energy, semiconductors, its entire ecosystem, its entire ecosystem, vibrant Gujarat, global trade show. And I am sure that you will watch the trade show. Gujarat will also go to the school, college, university. In the next few days, I have spent a lot of time with His Excellency, Newsy and His Excellency, Ramos Hortaiji. In this trade show, companies have created a world-class state-of-the-art technology for their products. E-mobility, start-ups, blue economy, green energy and smart infrastructure, like in the trade show, there is a kind of shadow. There are so many sectors. In these, for investment, you have new opportunities. Friends, all of you from the trade show, it is a very good experience. In such a way, today, in the economy of India, there is so much resilience. In the growth of India, there is so much momentum. There is a big reason behind it. In the last ten years, our focus is on structural reforms. These reforms have done a great job of increasing the capacity, capability and competitiveness of India. Recapitalization and IBC have made India's banking system one of the most powerful banking systems in the world. Each of doing business we have ended more than 40,000 companies. We have ended the compliances. GST has finished the test of India. In India, we have made better environment. Currently, we have signed three FTAs so that for global business, India can become more attractive destination. One of these FTAs is with UAE. We have opened many sectors automatically for FDI. Today, India is investing in infrastructure. In the last ten years, India has become more active. Friends, India is working with Green Energy and Alternative Energy Source. India's renewable energy capacity is three times bigger and 20 times bigger in solar energy capacity. In Digital India, in life and business, both have been destroyed. From cheap phones and cheap data, there is a new revolution of digital inclusion. Up to every village, the development of optical fiber is changing the lives of ordinary Indians. Today, we are the third largest startup ecosystem in the world. Ten years ago, India had 15,000 registered startups. In the overall export of India, records have increased. Friends, in India, this change is coming. The citizens of India, who are improving their living, are empowering them. In the last five years of our government, more than 13 crore people have come out of poverty. The average income of middle class in India is increasing. In India, there is a record in the participation of the female workforce. This is a very good sign for the future of India. And that is why I would like to say to all of you, that India is working with us. Friends, taking the logistics and the ease of transportation, we are working on the ideal policies in India. Ten years ago, there were 74 airports in India. Today, there are 149 airports in India. The national highway network of India, in the last ten years, there have been two crimes. In the last ten years, our metro train network has increased more than three times. Gujarat, Maharashtra, or our eastern coastline, they are being linked to the dedicated freight corridor. In India, a lot of work is being done on the national waterways. India's ports have turned around time. Today, it has become very competitive. During G20, the India-Middle East European Economic Corridor has also become a big business opportunity for all of you investors. Friends, in every corner of India, there is a new opportunity for you. Vibrant Gujarat Summit is also like a gateway for it. Gateway to the future and you are not just investing in India, but young creators and consumers are also shaping it. With the aspiration of India, with the young generation, your partnership can bring that result which you have never even imagined. And with this once again, once again, all of you Vibrant Gujarat Summit to join, I express my gratitude to you and I also make you believe that your dreams are a symbol of Modi and your dreams will be as big as my dreams. Come there are many opportunities to see dreams and to fulfil it some are present. Thank you very much. Thank you very much. Thank you very much. Thank you very much. Through the We extend our heartfelt appreciation for the same. We also extend our heartfelt thanks to his Excellency, Sheikh Mohammed bin Zayed Annihan, His Excellency, Mr. Josie Ramzorta, His Excellency, Mr. Philip Newsy, His Excellency, Mr. Petre Fiala. And the dignitaries, you will be escorted for the lunch by ushers. So we request you to kindly cooperate. We let first the esteemed dignitaries, our Honorable Prime Minister sir, and his Excellencies to depart. And then, according to the ushers, you will be guided for the lunch area. Thank you. Thank you very much. There is a humble request to everyone who used the handsets for the interpretation. Kindly leave them on the chairs. Thank you very much. We request to leave the receivers and the headphones to be… Thank you very much.