Vibrant Gujarat Global Summit 2024 to be inaugurated by PM Modi: 10 key highlights
Global Participation: Over the years, the Vibrant Gujarat Summit has evolved into a global platform, witnessing participation from 135 countries and over 2000 exhibitors. This year's summit attracted global leaders, including UAE President Sheikh Mohamed bin Zayed Al Nahyan. The 3-km-long roadshow will start in the evening after the PM receives the UAE President at the airport, said Deputy Commissioner of Police (Traffic-East), Ahmedabad city, Safin Hasan.
Gateway to the Future: Its theme is 'Gateway to the Future'. This edition will celebrate "20 Years of Vibrant Gujarat as the Summit of Success". There are 34 partner countries and 16 partner organisations for this year's Summit.
PM Modi to meet top CEOs and leaders: PMModi will also hold bilateral meetings with world leaders, and CEOs of top global corporations during his three-day visit to Gujarat from January 8 to 10, the PMO had said in a release. Record Investments: The Gujarat government anticipates signing numerous investment pacts during the summit. The state has been a magnet for foreign direct investment (FDI), attracting USD 55 billion in the last two decades, with ₹37,059 crore or USD 4.9 billion in FDI for 2022-23 alone.
Gujarat's Economic Impact: The state's auto sector, securing 13% of Gujarat's FDI, outshines India's national average with only 5%. Gujarat's auto exports contributed significantly, reaching ₹12 lakh crore in the financial year 2022-23, constituting 33% of India's total exports. Expectation of Tesla Presence: While Gujarat hopes for a record number of investment pacts, officials remain non-committal on the participation of Tesla co-founder and CEO Elon Musk.
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