Gujarat CM Patel invites global industries to make state investment hub

Gujarat chief minister Bhupendra Patel invited global and home industries to Gujarat and mentioned that Gujarat is prepared to assist corporations relocate their companies within the post-pandemic world and supply a conducive investment local weather and alternatives.

Patel was addressing a street present organised in Mumbai forward of the tenth version of Vibrant Gujarat Global Summit. The primary occasion is scheduled to start on January 10, 2022. It will go on for three-days.

The theme for this year’s summit is “Aatmanirbhar Gujarat to Aatmanirbhar Bharat”. The chief minister met trade leaders throughout sectors. Tata Sons chairman N Chandrasekaran, Kotak Mahindra Bank managing director and CEO and the Confederation of Indian Industry (CII) former president Uday Kotak, govt director of Reliance Industries Nikhil Meswani, president of Bank of America and nation head Kaku Nakhate and Ceat Tyres managing director Anant Goenka. The chief minister additionally met international consulates and delegates.

Patel throughout the meeting highlighted that the state is dedicated to all-round holistic growth and conducive surroundings for the reason that final two-and-a-half a long time. He mentioned that the state authorities is changing into the function mannequin for global growth. He additionally identified the dominance of Gujarat because the nation’s most-preferred investment vacation spot throughout the globe.

Gujarat is aiming to appeal to extra investments in sectors reminiscent of next-generation infrastructure, power, digital community, fintech, start-up, e-vehicles, analysis and growth, and tourism, amongst others, the chief minister mentioned, in accordance to a launch.

He additionally prolonged his invitation to monetary establishments, fintech corporations and start-ups to make investments and open companies in Gujarat’s GIFT metropolis. The state’s extra chief secretary (Industries) Rajiv Gupta mentioned Gujarat contributes to 37.5% in GDP as in opposition to the nationwide common of 17%. Industry physique CII is the occasion’s nationwide associate.

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