PM Narendra Modi to inaugurate Vibrant Gujarat Summit; Reliance to invest Rs 100,000 crore

Gujarat: Prime Minister Narendra Modi will inaugurate the 7th edition of Vibrant Gujarat Summit, a flagship programme of Gujarat government, in Gandhinagar on Sunday.

This year’s three-day event, which is being held amid tight security in the wake of Pakistan vessel incident in Arabian sea, is touted to be the biggest ever, with a host of high-profile business as well as political leaders attending it.

Apart from Ban Ki-Moon and John Kerry, several ministers from Europe, Japan, Australia and Canada and over 50 CEOs of top Indian as well as international companies will participate in the summit that will conclude on January 13. Eight countries, including the US, Canada and Japan have for the first time become partner nations for the summit.

The business event is expected to bring in record investments to Gujarat and the state government expects to sign over 20,000 Expression of Interest (EoI) or MoUs during the summit.

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11:11 IST Sunday, 11 January 2015

India can be leader in eradicating poverty, says World Bank President Jim Yong Kim

World Bank President Jim Yong Kim said ” We are the first human generation which can eliminate extreme poverty and India should be the leader in eliminating poverty.”

Stating that he is looking forward to a Vibrant India along with Vibrant Gujarat, he added. “India’s economy is expected to grow at 6.6% this year. Tax and subsidy reforms essential for inclusive growth in India. India has potential to be a leader in solar energy production, and the solar sector could be India’s key contribution towards fighting climate change.” he added.

11:00 IST Sunday, 11 January 2015

Aditya Birla Group chairman Kumar Mangalam Birla addresses summit

Stating that Prime Minister Narendra Modi has a vision of elevating India’s position in the world, Aditya Birla Group chairman Kumar Mangalam Birla added, “Until now, investments in Gujarat exceed Rs 25,000 crore.

Aditya Birla Group to invest Rs 20,000 crore in expansion of cement and other plants in Gujarat.”

10:45 IST Sunday, 11 January 2015

Osamu Suzuki, CEO of Suzuki Motor Corporation speaks at the event

Osamu Suzuki said, ” We have achieved production capacity of 1.2 million vehicles in India I see India becoming consolidated into one economic identity under the able leadership of Prime Minister Modi.

10:39 IST Sunday, 11 January 2015

CMD of Reliance Industries Mukesh Ambani to invest 100,000 crore in Gujarat

Speaking at the event Mukesh Ambani, CMD of Reliance Industries said, ” Each Vibrant Gujarat Summit has been bigger success than previous one, I have been fortunate enough to attend each one of them. We are proud to be a Gujarati company,we have invested in Gujarat time and again to convert a business vision into reality.”

He further added, “India can become the world’s fastest growing economy. Reliance will invest Rs 100,000 crore in Gujarat: Ambani.”

10:34 IST Sunday, 11 January 2015.

Gujarat Chief Minister Anandiben Patel welcomes all the Head of States, dignitaries, diplomats & delegates to the 7th edition of Vibrant Gujarat – The Global Business Hub!.

Speaking at the event she said, ” I am extremely happy for the great response we have received for this summit, I extend a very warm welcome to all.”

10:20 IST Sunday, 11 January 2015

Prime Minister Narendra Modi arrives at the venue.

PM Narendra Modi at Vibrant Gujarat Summit in Gandhinagar

— ANI (@ANI_news) January 11, 2015

9:55 IST Sunday, 11 January 2015

The stage is set at Mahatma Mandir for 7th #VibrantGujarat2015. @UN SG to attend shortly Photo: @vibrantgujarat

— United Nations India (@UNinIndia) January 11, 2015

9:21 IST Sunday, 11 January 2015

Ban Ki-moon examines some of Gandhi’s original writings during a visit to his Ashram

UNSG Ban Ki-moon examines some of Gandhi’s original writings during a visit to his Ashram @UNICDELHI @UNinIndia

— UN Spokesperson (@UN_Spokesperson) January 11, 2015

UN Secretary General Ban Ki-Moon Visited Sabarmati Ashram

UNSG Ban Ki-moon visits Gandhi’s Ashram in Gujarat @UNICDELHI @UNinIndia

— UN Spokesperson (@UN_Spokesperson) January 11, 2015

10:20 IST Saturday, 10 January 2015

I’m deeply moved; Like many, I have admired Mahatma Gandhi #UNSG at @SabarmatiAshram @UNinIndia @GandhiPortal #UN70

— UNIC New Delhi (@UNICDELHI) January 11, 2015

UN Secretary General Ban Ki-Moon arrives for Vibrant Gujarat Summit

United Nations Secretary General Ban Ki-Moon today arrived at Ahmedabad city airport ahead of Vibrant Gujarat Global Summit which kicks off tomorrow. Gujarat government spokesperson and the state minister Saurabh Patel said that Ban was also likely to visit Sabarmati Ashram of Mahatma Gandhi in Ahmedabad and few other places in the state.

Just landed in #Ahmedabad. Thx to @USAmbIndia who has had busy 1st month on job w/mtgs this wk & upcoming POTUS visit

— John Kerry (@JohnKerry) January 11, 2015

9:41 IST Sunday, 11 January 2015
Narendra Modi holds series of meetings with foreign dignitaries in Gandhinagar

Trade, economic ties and terror were the main issues discussed in the meetings Prime Minister Narendra Modi had with foreign dignitaries including Bhutan’s Prime Minister Tshering Tobgay on the margins of the “Vibrant Gujarat” Summit.

Modi discussed a wide variety of issues with the leaders of various delegations from UK, Japan, Singapore among others who are here to participate in the Summit.

Modi and Tobgay discussed security cooperation including in recent times, following the events in Assam where Bodo militants carried out attacks on tribals and killed 70 people.

“They agreed that cooperation and coordinating efforts is the best way to proceed,” an official source said.

The two leaders also reviewed the hydro power projects and other development partnerships.

10:17 IST Saturday, 10 January 2015

UK’s OPG Power Ventures to invest £1.5 billion in Gujarat

British energy giant OPG Power Ventures will further invest £1.5 billion in Gujarat, a visiting UK Minister said.

“UK’s company OPG Power Ventures will increase their power production from 300 MW to 2,300 MW with a further investment of 1.5 billion pounds in Gujarat,” British Minister of State for Trade and Investment Lord Livingston said.

The UK has invested $3.2 billion in India, more than any other G20 country and more than Japan and the US, added Livingston

The UK is the partner country for the Vibrant Gujarat Global Summit which would start tomorrow, and has sent a delegation representing 60 British companies, with 100 delegates.

10:15 IST Saturday, 10 January 2015
Ban Ki-Moon will inaugurate Gujarat’s first 10 MW solar power plant on Narmada river canal.

The summit will have various country-wise seminars for promotion of business ties with different nations, as well as sector-wise seminars. It will also facilitate business to business meetings.

The biennial event had been launched by Narendra Modi in 2003 during his tenure as Gujarat Chief Minister, to attract investments into the state.

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