As a build up to the vibrant Gujarat Global Investors Summit 2009 (VGGIS) to be held on 12th & 13th January at Science City, Ahmedabad, the Industries Department of Govt. of Gujarat in partnership with CII organized a business meet here at Hyderabad, with the captains of the industry at Hotel Taj Deccan today i.e. 11th November.
Under the leadership of Shri Saurabh Patel, Honourable Minister of State for Industry, Finance, Energy & Petrochemicals, Mines, Minerals, Planning, Cottage & Salt Industry, the delegation included several top level state officials and the Confederation of Indian Industry (CII) representatives. They had an interactive session with the industry leaders and other dignitaries. They also had one-to-one meetings, where they discussed the infinite investment opportunities in Gujarat.
This power packed event was attended by more than 120 people including various PSU Heads, promoters of top corporate bodies and top MNC Heads. Some of the leading luminaries who attended the event included Mr. Sridhar P., Business Development Head, GMR Industries; Mr. Y. Jatin Kumar, DGM, SJK Steel Corporation Ltd.; Mr. Amitabh Kumar, President Jupiter Bioscience Ltd.; Mr. Sushil Agarwal, Director, Manaksia Ltd. and others.
Speaking on the occasion, Shri Saurabh Patel, Honourable Minister of State said, "Gujarat is an ideal investment destination" and cited examples of the resounding success the state had on several fronts in the recent past. He presented the facts published in recent report of Reserve Bank of India which ranked Gujarat as the no. 1 state with investment of USD 17.8 billion in 86 projects for 23% of the total investment in India. The Minister also reiterated his government's commitment to the development of the state with a focused and intensive growth plan to boost the socio economic index in the years to come.
In a presentation made by Ms Gauri Kumar, Principal Secretary (Industries); Government of Gujarat, she informed the august gathering about the huge investment potential in the state and advantages that accrue to the investors. She also briefed the audience about the focus sectors identified for VGGIS 09 which include Engineering and Auto, Mineral Based Industries, Textiles and Apparel, Ports, Chemicals and Petrochemicals, Information Technology, Oil and Gas, Urban Infrastructure, Gems and Jewellery, Pharmaceuticals, Health Care, Food and Agri related businesses.
Speaking on the occasion, Mr. Utpal Sen Gupta, Chairman, CII AP State Council & President Agro Tech Foods Ltd. said that sparing the present slowdown in the global economy, the Indian economy has a strong base for growth; thanks to the high performing states like Gujarat and Andhra Pradesh. Gujarat with a two digit GDP growth for several years is a major contributor to India's industrial production and capital formation.
Also present during the occasion, Mr. Gopal M Mor of Patodia Farms (P) Ltd. who has already made huge investments in Gujarat, said that Gujarat has the right kind of business climate and the quality of life of the people and thus contributes to the overall development of the economy.
Earlier in the day, Shri Saurabh Patel and the delegation had a fruitful interactive session and one to one meeting with CEOs of top MNCs of Hyderabad.
The VGGIS 2009 is a focused premier international conference, organized by Govt. of Gujarat in partnership with the CII. Aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of Gujarat
The Government of Gujarat has already conducted several such business trips to other parts of the country to create a build up for VGGIS.
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