Gujarat’s Chief Minister, Bhupendra Patel, announced that the state’s three Regional Vibrant Conferences have garnered investment commitments totaling Rs 13.30 lakh crore from 9,499 memoranda of understanding (MoUs). Patel highlighted the significance of these conferences in driving balanced industrial development across Gujarat.
The fourth Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat was inaugurated in Vadodara, with Patel emphasizing its alignment with Prime Minister Narendra Modi’s vision of ensuring economic growth reaches all regions of the state. Patel credited PM Modi for introducing the concept of balanced growth, which the Regional Conferences have furthered.
Having successfully conducted conferences in Mehsana, Rajkot, and Surat, the ongoing VGRC for Central Gujarat signifies a strategic move towards inclusive industrial progress. Patel underscored that the 9,499 MoUs signed during the previous conferences have injected substantial investments into diverse industries statewide.
Reflecting on Gujarat’s investment strategy evolution, Patel traced its roots back to the Vibrant Gujarat Summit’s inception in 2003 under PM Modi’s leadership. The summit, envisioned to transform Gujarat into an investment hub from a trading state, has played a pivotal role in attracting global investors to the state, aligning with PM Modi’s foresight.
