Vibrant Gujarat Summit 2024: Top 10 Things You Should Know About The Global Summit

Prime Minister Narendra Modi touched down in Ahmedabad, kickstarting a two-day visit to inaugurate the 10th edition of the Vibrant Gujarat Global Summit 2024. The event, hosted at Mahatma Mandir, Gandhinagar, is set to explore the theme of 'Gateway to the Future,' commemorating a decade of Vibrant Gujarat's unparalleled success.

In a social media post, PM Modi expressed his enthusiasm, "I have a very close association with the Vibrant Gujarat Summit, and I am glad to see how this platform has contributed to Gujarat's growth and created opportunities for several people."

Here are the top 10 things you need to know about the Vibrant Gujarat Global Summit 2024:

Global Participation: Over the years, the Vibrant Gujarat Summit has transformed into a global platform, boasting participation from 135 countries and over 2000 exhibitors. Notably, UAE President Sheikh Mohamed bin Zayed Al Nahyan is among the global leaders attending, with a grand 3-km-long roadshow planned for the evening.

Gateway to the Future: This year's theme, 'Gateway to the Future,' marks the celebration of "20 Years of Vibrant Gujarat as the Summit of Success." A total of 34 partner countries and 16 partner organizations are part of this milestone event.

PM Modi's Diplomacy: PM Modi is scheduled to engage in bilateral meetings with world leaders and top CEOs of global corporations during his three-day visit to Gujarat, showcasing the state's prowess on the international stage.

Record Investments: Anticipating numerous investment pacts, the Gujarat government aims to continue its stellar track record. The state has been a magnet for foreign direct investment (FDI), attracting a staggering USD 55 billion in the last two decades, with a substantial 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, outperforms India's national average with only 5%. Gujarat's auto exports hit ₹12 lakh crore in the financial year 2022-23, constituting 33% of India's total exports.

The expectation of Tesla Presence: While hopes are high for a record number of investment pacts, the participation of Tesla co-founder and CEO Elon Musk remains uncertain, as officials remain non-committal.

3D Security Measures: To ensure effective communication during the summit, a dedicated frequency channel and control rooms equipped with CCTV for security monitoring have been established. Drone-based 3-D mapping of venues, along with strategically installed CCTV, PTZ cameras, and parking zone cameras, will enhance security.

Previous Edition Success: The 2019 edition of the summit witnessed an impressive 28,360 projects and Memorandums of Understanding (MoUs) signed, underscoring the growing importance of the Vibrant Gujarat Global Summit.

HAL's Participation: Hindustan Aeronautics Limited (HAL) showcased its capabilities at the 'Vibrant Gujarat Global Trade Show 2024,' aligning with the 'Aatmanirbhar Bharat' vision.

Global Recognition: Hank Schouten, Chairman and Founder of Schouten Europe company, acknowledged significant opportunities in India, particularly in the plant-based protein sector, reflecting the global recognition that the summit has garnered.

As the 10th edition of the Vibrant Gujarat Global Summit unfolds, it promises to be a pivotal moment in the state's economic trajectory, with record investments, global partnerships, and a focus on sustainable growth, echoing the theme of 'Gateway to the Future.' Stay tuned for updates on the outcomes and significant developments emerging from this influential gathering.