PM Modi to inaugurate Vibrant Gujarat Global Summit 2024

Prime Minister Narendra Modi will inaugurate the Vibrant Gujarat Global Summit 2024 in Gandhinagar on Wednesday, and meet world leaders and global executives attending the two-day investors’ meet.

Ahead of the main event, to be held at Mahatma Mandir in Gandhinagar, Modi held bilateral meetings with world leaders on Tuesday, followed by a meeting with top CEOs. 

Mozambique President Filipe Jacinto Nyusi, Timor-Leste President José Ramos-Horta, DP World Group chairman Sultan Ahmed Bin Sulayem, Suzuki Motor Corp president Toshihiro Suzuki, Maersk Group CEO Keith Svendsen, Micron Technology CEO and president Sanjay Mehrotra are among those who met the prime minister. 

A host of world leaders and CEOs of top global corporations have arrived in Gujarat to attend the. 

On Tuesday evening, Prime Minister Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan will lead a roadshow ahead of the summit.  The 3-km-long roadshow will start after the prime minister receives the UAE ruler at the Sardar Vallabhbhai Patel International Airport. 

Earlier in the afternoon, the prime minister inaugurated the Vibrant Gujarat Global Trade Show where the companies will display products made from world-class state-of-the-art technology. E-mobility, start-ups, MSMEs, blue economy, green energy, and smart infrastructure are some of the focus sectors of the trade show.

Conceptualized in 2003 by Modi when he was the state’s chief minister, Vibrant Gujarat Global Summit’s 10th edition is being held from 10 to 12 January with the theme ‘Gateway to the Future’. 

The prime minister will inaugurate Vibrant Gujarat Global Summit 2024 at 9:45 am.

This edition of the summit will celebrate “20 years of Vibrant Gujarat as the summit of success”, a press release by the Prime Minister’s Office (PMO) said. 

There are 34 partner countries and 16 partner organizations for this year’s Summit. Further, the Union ministry of development of north-eastern region will utilize the Vibrant Gujarat platform to showcase investment opportunities in India’s northeast. 

The summit will host various events including seminars and conferences on globally relevant topics such as industry 4.0, technology and innovation, sustainable manufacturing, green hydrogen, electric mobility and renewable energy, and transition towards sustainability.

In the weeks leading up to the main event, the Gujarat government has signed 234 MoUs totaling a potential investment of approximately ₹10.31 trillion ($124 billion) and the potential creation of 12.89 lakh jobs. 

The sectors covered by the MoUs for potential investments include electric vehicles, agro and food processing, automobiles, biotechnology, cement, chemicals and petrochemicals, ports, education, engineering, healthcare and pharmaceuticals, oil & gas, green hydrogen & renewable energy, and urban development, among others. 

At an event on 3 January in Gandhinagar, 58 MoUs were inked between industry investors and the state government for proposed investments totaling ₹7.12 trillion ($80.63 billion) across various sectors. 

Chief minister Bhupendra Patel, who was present at the MoU signing ceremony, said that Gujarat has emerged as a preferred investment destination for both domestic and international investors.