Gujarat highlights investment advantages in a presentation to 45 countries before the worldwide investment conference commences

Title: Gujarat Positions Itself as a Hub for Regional Development and Futuristic Industries

Gujarat, one of India's leading investment destinations, is aiming to further strengthen its position by focusing on empowering medium, small, and micro enterprises and promoting regionally-balanced development. This is evident in the Vibrant Gujarat Regional Conferences, an extension of the Vibrant Gujarat Global Summit, which is scheduled to be held in January.

According to Gujarat's Chief Minister, Bhupendra Patel, Gujarat is no longer just a commercial hub but is evolving into a center for futuristic industries. The conferences aim to position Gujarat as a hub for regional development, with a focus on sectors such as artificial intelligence, space technology, fintech, semiconductors, defence, aerospace, electric vehicles, and green energy.

The Union commerce ministry data for FY25 shows Maharashtra, Karnataka, Delhi, and Gujarat as the top FDI destination states in India, in that order. Gujarat's industrial output contributes 18% to the country's total output, and the state now accounts for 27% of India's total exports. This success is attributed to Gujarat's policy-driven governance, investor-friendly environment, and robust infrastructure, which makes it the most preferred destination for foreign investors.

Gujarat boasts 49 ports and a multimodal transport network under the PM Gati Shakti scheme, enhancing its logistical capabilities. The goal is to position Gujarat as a hub for these cutting-edge industries, deepening international investor engagement and broadening the success of the global summit into different regions of the state.

Bhupendra Patel recently presented the state's industrial and logistics strengths to diplomats and heads of missions from 45 countries, and he will also appropriately present the countries of the United States, Canada, the United Kingdom, Australia, and the Gulf countries at the upcoming Vibrant Gujarat regional conferences. These presentations aim to inform their ambassadors and diplomats about Gujarat's growing industrial and logistical strengths.

Sudhakar Dalela, secretary in the ministry of external affairs, stated that these conferences will showcase local strengths and bring grassroots development in line with the broader vision of Viksit Bharat 2047 and Viksit Gujarat 2047. However, no specific information was given about the timeline for achieving this regional development goal.

The Vibrant Gujarat Regional Conferences are being positioned as an extension of the Vibrant Gujarat Global Summit, underscoring Gujarat's outreach as it remains one of India's leading investment destinations amidst increasing competition among states to attract global capital. According to a press statement, Gujarat has attracted $69 billion in foreign direct investment, making it a significant player in India's economic growth.

Gujarat highlights investment advantages in a presentation to 45 countries before the worldwide investment conference commences