Vibrant Gujarat: Global Investors'
Summit 2003 was organized during world famous festival
of Gujarat - Navratri , during which the State is at
its best. This time an unique attempt was made by the
State Government to showcase the culture, tradition
and entertainment prevalent in Gujarat by blending them
with culture, trade and enterprise.
Industrial Extension Bureau acted as
an nodal agency for the State Government during Vibrant
Gujarat : Global Investors Summit (September 28 to October
2, 2003) organized at the two major commercial
cities of the State – Ahmedabad and Surat in association
with the Government of India, UNIDO and FICCI &
CII.
The conventions during the programme
had sectoral sessions focus sector - Industrial Investment,
Agro-Processing, Biotech- Pharma, Natural Gas and Oil,
Infrastructure, Mining, Tourism, Apparels and Gems-Jewellery
at Ahmedabad and sectoral sessions on Garment &
Textiles and Gems & Jewellery at Surat. There were
also exhibitions in above sectors at respective places
in Ahmedabad and Surat to provide a platform for showcasing
products and services. One to one discussions between
the prospective investors, government officials and
the project promoters took place.
176 project proposals were compiled and were then scrutinized for their viability.
Internationally reputed credit rating agencies like
CRISIL and CARE lend their support as the financial
advisors to these projects. Leading private and public
sector banks of India like ICICI, IDBI, State Bank of
India, Bank of Baroda, State Bank of Saurashtra, Corporation
Bank, IDFC and NABARD have extended their support for
financing these projects. CRISIL also worked with iNDEXTb
in structuring these projects.
The Hon’ble Deputy Prime Minister
of India, Mr. L K Advani inaugurated Vibrant Gujarat:
Global Investors’ Summit 2003 on 28th September
2003. Mr. Narendra Modi, Hon’ble Chief Minister,
Mr. Arun Shourie, Mr. Ram Naik, Mr. Mukesh Ambani, Mr.
A C Muthaih were the other dignitaries present on the
dais. Various sessions during the programme were chaired
by other hon’ble ministers from the Union and
State Government.
Large number of corporate leaders like
Mr. Subhir Raha, Mr. C K Birla, CEOs of multinational
companies like Shell, British Gas, General Motors, P&O
ports, Niko & Steag and others attended the event.
International dignitaries like Mr. Larry Pressler, ex-US
Senator; Mr. Michael Clarke graced the occasion.
The Surat Summit, inaugurated by Hon’ble
Union Finance Minister, Mr. Jaswant Singh. was also
equally impressive. Other dignitaries present during
the event were Hon’ble Union Minister for Textiles,
Mr. Shah Nawaz Hussain, Hon’ble Union Minister
for Rural Development Mr. Kashiram Rana, experts in
textiles, gems and jewellery, senior officials from
State and Central Government. The attendance of prominent
industrialists and other business leaders from across
the country translated into a resounding success for
the Surat Summit.
At the end of the event, 76
MOUs worth US $ 14 billion for investment were signed, the break up of which is
as under
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