Vibrant Gujarat Celebrates 20-Year Milestone as Modi’s Vision Continues to Shape the State’s Global Influence
New Delhi, Jan 11 (Representative) The concept of Vibrant Gujarat was first introduced by Narendra Modi during his tenure as Chief Minister of the state. Now, as the event completes two decades, Gujarat’s progress in infrastructure and investment sectors has not only made it an important location within India but also on the global map. Under Modi’s visionary leadership, who is known for thinking big and achieving his goals on a time-bound basis, Vibrant Gujarat has emerged as a significant platform for business and investments. The popularity and confidence in Modi have grown beyond Indian shores, with people across the globe affirming their trust in him by echoing MukeshAmbani’s words, “Modi Hey To Mumkin Hey” (Everything is possible if Modi is there). Over these twenty years, Vibrant Gujarat managed to secure 70% investments that have been committed by captains of industries. This fact was revealed by a senior government official during a VG press briefing. As a leader, Narendra Modi was present at every Vibrant Gujarat Summit, personally witnessing the growth and development of the state alongside industrialists like Mukesh Ambani. An impact report published by the State Government has demonstrated substantial growth over the past twenty years.
The road network expanded by 10% from 74,018 kilometers in 2001-02 to 81,523 kilometers in 2020-21. Simultaneously, per capita consumption of electricity doubled during this period. From 13,950 factories in 2001-02 to 28,479 factories in 2019-20 – Gujarat has seen significant industrial expansion. Furthermore, employment opportunities tripled from 7.13 lakh jobs to 20.69 lakh jobs over twenty years. Vibrant Gujarat 2024 aims to bring new initiatives that focusses on Semiconductor and Electronics Manufacturing, Green Energy and Green Hydrogen ecosystems, Aircraft Manufacturing & Ancillary Industries among others. This time, the State Government is prioritizing quality investments for more sustainable outcomes. In its most recent edition, Vibrant Gujarat witnessed the participation of 34 partner countries, a marked increase from the 15 countries in the previous edition. His Royal Highness Sheikh Mohamed bin Zayed AI Nahyan, the President of UAE, took part in the event along with numerous other dignitaries from different nations.
With Gujarat receiving significant FDI from countries like UAE (USD 2.4 billion), Czech Republic, Timor Leste, and Mozambique are also planning to invest substantial amounts in the state. UAE President Mohamed bin Zayed Al Nahyan in his address of Vibrant Gujarat Global Summit 2024 mentioned UAE’s strong ties with India and Prime Minister Narendra Modi. On the domestic front, major Indian business houses such as Ambani, Adani, and Tata pledged to make significant investments in green energy initiatives, solar power projects, and artificial intelligence. Currently, India holds the position as the fifth-largest economy globally; however, a decade ago it was at the 11th spot. Many experts predict that India will soon be part of the top three economies worldwide. Modi showed his unwavering belief in this possibility during his speech at the inaugural event of Vibrant Gujarat-2024.