New Delhi, Jan 9

Vibrant Gujarat Global Summit 2024 has become a prominent global gathering, attracting participants from 135 countries and featuring over 2000 exhibitors. Notably, UAE President Sheikh Mohamed bin Zayed Al Nahyan is set to mark the event with a 3-km-long roadshow in Ahmedabad.

Themed ‘Gateway to the Future,’ this edition commemorates “20 Years of Vibrant Gujarat as the Summit of Success” with partnerships involving 34 countries and 16 organizations, highlighting its global significance.

During his three-day visit, Prime Minister Modi is set to engage with top CEOs and leaders, fostering bilateral relations. The Gujarat government envisions signing numerous investment pacts, building on the state’s robust track record of attracting USD 55 billion in FDI over the last two decades, with Rs 37,059 crore or USD 4.9 billion in FDI for 2022-23 alone.

Gujarat’s economic impact is evident, particularly in the auto sector, securing 13 percent of the state’s FDI and surpassing the national average. Auto exports from Gujarat reached Rs 12 lakh crore in the financial year 2022-23, constituting 33 percent of India’s total exports.

While expectations are high for record-breaking investment pacts, officials remain cautious about Tesla’s participation. Security measures for effective communication during the summit include a dedicated frequency channel, control rooms equipped with CCTV, and 3D mapping of venues using drones.

The success of the 2019 edition, marked by a record 28,360 projects and Memorandums of Understanding (MoUs) signed, underscores the growing importance of the summit. Hindustan Aeronautics (HAL) showcased its capabilities at the ‘Vibrant Gujarat Global Trade Show 2024,’ aligning with the ‘Aatmanirbhar Bharat’ vision.

Hank Schouten, Chairman and Founder of Schouten Europe company, acknowledged significant opportunities in India, particularly in the plant-based protein sector, contributing to the global recognition of the summit.

In essence, Vibrant Gujarat Global Summit 2024 serves as a significant global platform, offering insights into global participation and economic milestones.