Vibrant Gujarat Global Summit 2023

Vibrant Gujarat Global Summit 2023 Overview, achievements and Vision

Prime Minister Shri Narendra Modi attended the celebration of the 20th anniversary of the Vibrant Gujarat Global Summit, held at Science City in Ahmedabad.

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Prime Minister Shri Narendra Modi attended the celebration of the 20th anniversary of the Vibrant Gujarat Global Summit, held at Science City in Ahmedabad. This event marked a significant milestone in the history of the summit, showcasing the remarkable transformation that Ahmedabad has witnessed over the past two decades.

Celebrating 20 Years of Vibrant Gujarat Global Summit

Marking the 20th anniversary of the Vibrant Gujarat Global Summit in Ahmedabad, PM Modi described the event as having transformed into an institution, growing increasingly successful with each iteration. He likened its evolution to that of a small sapling growing into a vast banyan tree.

Vibrant Gujarat Global Summit Overview

The Vibrant Gujarat Global Summit, originally conceptualized in 2003 under the visionary leadership of Shri Narendra Modi, who was the Hon’ble Chief Minister of Gujarat at the time and is now the Hon’ble Prime Minister of India, has evolved into a highly esteemed global platform. This forum is renowned for facilitating business networking, knowledge exchange, and the establishment of strategic partnerships aimed at fostering inclusive growth and sustainable development. Fueled by its inherent entrepreneurial spirit, the state of Gujarat has made significant strides in nurturing a resilient and dynamic economy over the past two decades. It has emerged as one of India’s most industrialized and urbanized states, setting a national benchmark across various sectors. Gujarat has also become one of the most preferred destinations for investments.

Leaders of Industry and Their Insights

Leaders of Industry	Key Points and Insights
B K Goenka	– Praises Vibrant Gujarat as a global role model for other states. – Recalls valuable advice from Shri Modi during the first Vibrant Gujarat Summit, leading to successful expansion in Kutch. – Highlights Kutch’s potential to become a hub for green hydrogen production.
Takashi Suzuki	– Extends congratulations to the Gujarat Government on the summit’s 20th anniversary. – Emphasizes Japan’s significant contribution to the Make in India initiative. – Highlights the strengthening cultural and business ties between Japan and Gujarat. – Credits Prime Minister Modi’s guidance for Jetro’s presence in Gujarat. – Invites a Japanese business delegation for future collaborations.
Lakshmi Mittal	– Recognizes Vibrant Gujarat as a trendsetter that inspired similar events throughout India. – Commends Prime Minister Modi’s vision and leadership. – Highlights Gujarat’s status as a leading industrial state. – Provides insights into ArcelorMittal’s projects in Gujarat.

Prime Minister’s Vision for India’s Global Economic Leadership

The Prime Minister expressed his vision, stating, “When we launched Vibrant Gujarat, our aim was to establish this state as the catalyst for the nation’s progress.” He continued by highlighting that the goal set in 2014 to make India the world’s growth engine is gaining recognition from international organizations and experts. He underscored the present status of India as the world’s fastest-growing economy and emphasized that the nation is currently standing at a pivotal juncture, poised to emerge as a significant global economic powerhouse. The Prime Minister articulated the aspiration for India to attain the position of the world’s third-largest economy.

Diverse Sectoral Growth and Investment Success

PM Modi pointed out that effective policy-making and efficient project implementation have resulted in significant growth in investments and employment across various sectors in the state. Notable achievements include:

Textile and Apparel Industry: Significant growth in investments and employment.
Automobile Sector: Investments have increased ninefold since 2001, with a twelvefold jump in manufacturing output.
Dyes and Intermediates Manufacturing: Gujarat contributes 75% to India’s manufacturing in this sector.
Agro and Food Processing: Gujarat has the highest share of investment in this industry, with more than 30,000 operational food processing units.
Medical Devices Manufacturing: Over 50% of India’s medical devices manufacturing and about 80% of cardiac stents manufacturing take place in Gujarat.
Diamonds: Gujarat contributes more than 70% of the world’s diamonds and 80% of India’s diamond exports.
Ceramics: The state has a 90% share in the Indian ceramic market, with around 10,000 manufacturing units for ceramic tiles, sanitary ware, and related products.

Vibrant Gujarat Global Trade Show 2024

The Vibrant Gujarat Global Trade Show 2024, scheduled from January 9th, 2024, will focus on “TECHADE and Disruptive Technologies.” It will prominently feature the Champion Services Sector, encompassing Digital India initiatives, India Stack, emerging technologies like Industry 4.0, smart manufacturing, AI/ML, and more. The event will also delve into smart infrastructure and smart cities, consumer technology, and the application of technology in various service sectors such as financial services, healthcare, education, environment, tourism, and hospitality.

Vibrant Gujarat Global Summit 2024

The Vibrant Gujarat Global Summit 2024, taking place from January 10th to 12th, 2024, promises several highlights. This includes a session dedicated to Gujarat’s Roadmap to Viksit Bharat @ 2047, emphasizing long-term development goals. Additionally, an MSME conclave will provide a platform for discussions and collaborations to boost the micro, small, and medium enterprises sector in Gujarat and India as a whole.

Vibrant Gujarat Global Summit 2023 UPSC

The 20th anniversary of the Vibrant Gujarat Global Summit, celebrated under Prime Minister Narendra Modi’s leadership, highlights Gujarat’s transformation into India’s leading economic powerhouse. With diverse sectors thriving, from textiles to technology, Gujarat serves as a beacon of sustainable and inclusive growth. As India aims to become the world’s third-largest economy, it must prioritize innovation, digitalization, and global collaborations. The Vibrant Gujarat platforms, including the Global Trade Show, will continue to foster knowledge exchange and international partnerships. The celebration signifies not just the past but also a promising path towards a brighter economic future for India and Gujarat.

Vibrant Gujarat Global Summit 2023 FAQs

What is the Vibrant Gujarat Global Summit?

It's a prominent event for business networking and partnerships, fostering inclusive growth, and sustainable development, launched in 2003 by PM Narendra Modi.

Why is the 20th anniversary significant?

It celebrates Gujarat's remarkable transformation into an industrial hub and marks two decades of successful economic development.

What are Gujarat's key achievements?

Gujarat excels in textiles, automobiles, medical devices, diamonds, ceramics, and more, attracting investments and contributing to India's manufacturing and exports.