Vibrant Gujarat

Economics Project
 Overview
● What is Vibrant Gujarat Summit
● History
● Meeting Year
● MOUs signed during the summit
● Foreign investment
● Advantages of summit
● Development of different industrial sector after 2003
Introduction
What Is Vibrant Gujarat

Vibrant Gujarat Global Summit, conceptualise d in 2003 under the

visionary leadership of Shri Narendra Modi, Hon’ble Prime Minister of
India (the then Hon’ble Chief Minister of Gujarat), has today evolved as
one of the most reputed global forums for business networking,
knowledge sharing and strategic partnerships for inclusive growth and
sustainable development.
History
Vibrant Gujarat is an initiative launched by the Government of
Gujarat in 2003 to attract investment and promote economic
development in the state. The biennial event, Vibrant Gujarat
Global Summit, serves as a platform for business and policy leaders
to discuss opportunities, collaborations, and investments.Vibrant
Gujarat was first organized in 2003 under the leadership of then
Chief Minister, Narendra Modi. It aimed to showcase Gujarat's
potential in various sectors and create a conducive environment for
investment.
Meeting Years
Year Place
2003 Gandhinagar
2005 Gandhinagar
2007 Gandhinagar
2009 Gandhinagar
2011 Gandhinagar
2013 Gandhinagar
2015 Gandhinagar
2017 Gandhinagar
2019 Gandhinagar
2022 Gandhinagar
2024 Gandhinagar
Mou Signed During the
Summit
2003:-76 MOUs 2024:-41,299 MOUs
2005:-226 MOUs
2007:-675 MOUs
2009:-8,662 MOUs
2011:-7,936 MOUs
2013:-8,500 MoUs
2015:-22,602 MOUs
2019:-28,360 MOUs
2022:-57,241 MOUs
Purpose Of This Summit
Main objective of this summit is the Re-establishing Gujarat as an
investment destination.The Vibrant Gujarat Summit aims to promote
economic development and investment opportunities in the state of
Gujarat, India. It serves as a platform for business leaders,
policymakers, and investors to discuss and collaborate on various
sectors, fostering growth and innovation. The summit typically focuses
on sectors like industry, agriculture, renewable energy, and
infrastructure to attract investments and promote sustainable
development.
Foreign
Investment
The total foreign investment in two decades in
India is 953 billon dollars which is from year
2000-2023.
The total foreign investment in gujarat in two
decades is 55 billon dollars which is from year
2003-2023
It is almost the 8.3 percent of total foreign
direct investment in India which is invested in
gujarat
 Advantages of summit
● Investment promotion ● Economic growth
● Job creation
● Technology Transfer
● Infrastructure development
● Global visibility
● Sustainable development
Development of different industrial
sector after 2003

After 2003, Gujarat has shown significant growth in

various industrial sectors, particularly in industries
such as petrochemicals, pharmaceuticals, textiles, and
automobile manufacturing. This growth can be
attributed to several factors
A s w e t alk b efo re o f au t o m o b i l e i n d u s t r y S an an d is a city
an d a m u n icip ality in A h m ed ab ad d i st r i ct i n G u jarat. It is
b est k n o w n as "th e au t o m o b i l e h u b o f G u j ar at . Tata
m o t o r s , F o rd an d m an y m o r e b i g i n d u s t r i es ar e lo cated h ere.

A h m ed ab ad an d Vad o d ar a ar e k n o w n as p h ar m aceu tical h u b

o f t h e g u jarat.S u n p h ar m aceu t i cal i n d u st r y, D i sh m an
p h ar m aceu tical an d ch em i cal l t d s u ch b i g i n d u stries are
l o cat ed in g u jarat.
Gu jarat is als o k n o w n f o r p etr o ch em ical in d u s tries
an d Vad o d ara is th e m ain cen ter o f p etro ch em ical
in d u s tries . I n d ian p etr o ch em ical co rp o ratio n s ltd is
lo cated in Vad o d ar a Th e larg est p etro ch em ical cen ter
in in d ia is jam n ag ar, G u jarat

Tex tile in d u s try is als o o n e o f th e b ig g es t in d us try in

Gu jarat. It co n tr ib u tes 3 3 % o f m ill clo th es an d 8 % o f
y arn p r o d u ctio n o f th e co u n try A h m ed ab ad is th e
larg est cen ter o f th e tex tile in d u s tr y
Thank
You
~Amar Koshiya