The two-day global business summit, Vibrant Gujarat Summit, received huge investment and job creation plans from businessmen across the globe on Monday. The business summit is being held since Prime Minister Narendra Modi was the Chief Minister of Gujarat, in 2003.
Modi has presented India as a manufacturing hub to the gathering on Sunday and said that “My government is committed to create a policy environment that is predictable, transparent and fair.”
Appreciating Modi for making Gujarat a synonym with possibilities, US State Secretary John Kerry said, “I was very taken during PM Modi’s campaign (slogan), Sabka saath, sabka vikas , participation of all for development of all. That sounds like a pretty good slogan for all of us to adopt, and if we adopt it, we can get the job done.”
On the other hand, UN Secretary General Ban Ki Moon have expressed the need to shape the development agenda for 2015. He said, “Vibrant Gujarat is not just about development and investment; PM Modi has exhibited forward looking leadership. I commend his smart cities initiative and vision of use of renewable energy efficiency.”
However, giving a note to the Make in India plan, Foreign Trade Minister of Netherland, Simon Smits said, “India should focus not only on Make on India, but also on ‘Research and Design In India’.
Amid, World Bank President Jim Yong Kim mentioned that tax and subsidy reforms are essential for inclusive growth in India. He said, “Committed to catalysing a vibrant India as well as vibrant Gujarat. Have to ensure sustainable, inclusive economic growth. There is much reason for optimism.”
Meanwhile, Gautam Adani-led Adani Enterprises and US-based SunEdison declared that they will invest around Rs.25,000 crore to set up a solar park in Gujarat that will create 20,000 new jobs. “The facility will create enough solar panels to fuel substantial solar growth in India. We are proud to partner with Adani Enterprises to build the largest solar photovoltaic manufacturing facility in India,” said SunEdison president and chief executive Ahmad Chatila.
Among Indian businessmen, while Mukesh Ambani assured, “We will invest over Rs 100,000 crore in the next 12-18 months in contributing to the Make-In-India and Digital India initiatives,” Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.
Whereas, Australian mining giant Rio Tinto’s CEO, Sam Walsh said that they would add 30,000 jobs in diamond cutting industry in Gujarat. He said that Australia is looking forward to the state as a promising business destination.
Amid, while Minister for Immigration of Canada, Chris Alexander, said, “Canada has roots in India, Canada has been partnering with Vibrant Gujarat right from the beginning,” Minister of Economy of Japan Yosuke Takag said, “We are looking at doubling Japan’s FDI in India in a few years.”
Calling Gujarat superior in terms of infrastructure and administration, Japanese auto giant Suzuki Corp’s chairman Osamu Suzuki said that he sees “India becoming consolidated into one economic identity under the able leadership of Prime Minister Narendra Modi.”