Industrial
Extension Bureau acted as the nodal
agency for the 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,
FICCI and CII.
The conventions during
the summit were focused on sectors
such as Industrial Investment, Agro
Processing, Biotech, Pharma, Natural
Gas and Oil, Infrastructure, Mining,
Tourism, Apparels and Gems & Jewellery
at Ahmedabad and sessions on Garment
& Textiles and Gems & Jewellery
at Surat. There were also exhibitions
in the above sectors in Ahmedabad
and Surat to provide a platform for
showcasing the state's products and services.
One to one discussions took place between the
prospective investors, government
officials and the project promoters.
176 project proposals
were compiled and were then scrutinized
for their viability. Internationally
reputed credit rating agencies like
CRISIL and CARE lent support as financial
advisors to these projects. Leading
private and public sector banks of
India such as ICICI, IDBI, State Bank
of India, Bank of Baroda, State Bank
of Saurashtra, Corporation Bank, IDFC
and NABARD extended support for financing
the projects. CRISIL also worked with
iNDEXTb in structuring the projects.
The then Hon'ble Deputy
Prime Minister of India, Shri L. K.
Advani inaugurated Vibrant Gujarat:
Global Investors' Summit 2003 on 28th
September 2003. Shri Narendra Modi,
Hon'ble Chief Minister, Shri Arun
Shourie, Shri Ram Naik, Shri Mukesh
Ambani, Shri A. C. Muthaih were the other dignitaries
present. Various sessions during the
program were chaired by Ministers
from the Union and State Government.
Large number of corporate
leaders such as Shri Subhir Raha,
Shri C K Birla, CEOs of multinational companies
such as Shell, British Gas, General
Motors, P&O Ports , Niko, Steag
and others attended the event. International
dignitaries such as Mr. Larry Pressler,
ex-US Senator and Mr. Michael Clarke
graced the occasion.
The Surat Summit,
inaugurated by the then Hon'ble Union Finance
Minister, Mr. Jaswant Singh, was equally
impressive. The dignitaries present
during this event included the then Hon'ble
Union Minister for Textiles, Mr. Shah
Nawaz Hussain, the then Hon'ble Union Minister
for Rural Development Mr. Kashiram
Rana, experts in textiles, gems and
jewellery and senior officials from
the 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 were signed or
proposals received for investment of
US $ 1400 billion; the
break up of which is as under: |
Other events organized
during the Navratri Festival were International
Convention on Reconstruction in
Gandhidham, Kachchh and a
seminar-cum-exhibition on Gandhian
Thought - In the Footsteps of Bapu -
at Porbandar, the birthplace of
Gandhiji, on his birth anniversary 2nd
October 2003.
About
125 foreign delegates, 200 Non-Resident
Indians, 200 leading dignitaries and
participants from 45 countries participated
in the Navratri Festival and
returned happily cherishing their stay
in Gujarat.
For details visit
:
www.vibrantgujarat.com
www.indextb.com
|
Vibrant Gujarat Global Investors'
Summit 2003 was organized during the
world famous festival of Gujarat -
Navratri, during which the state is
at its best. This time a unique attempt
was made by the State Government to
showcase the culture, tradition and
entertainment of Gujarat by blending
them with commerce, trade and enterprise. 
