Mumbai - Gujarat Chief Minister Shri Bhupendra Patel marked his presence at the Roadshow organized in Mumbai, as a part of the Vibrant Gujarat Global Summit 2024. He presented the success story of two decades to leading figures from the business and industry, as well as various Consulate Generals of various countries.

Around 35 diplomats and more than 350 leaders from business and industry sectors participated in the Mumbai roadshow.

Ahead of the Roadshow, Chief Minister Shri Bhupendra Patel engaged in one-to-one meetings with 13 leading industry leaders. During these meetings, he elaborated on the success of the Vibrant Gujarat Summit, showcasing how the state has emerged as a role model of development.

The Chief Minister emphasized that the Vibrant Gujarat Summit, initiated by Shri Narendra Modi in 2003 as Chief Minister of Gujarat, has made the state the most preferred investment destination and a center of major economic activities.

The Chief Minister highlighted that the success of the Summit, has propelled Gujarat’s GSDP from Rs. 1.42 lakh crore in 2003 to Rs. 22.61 lakh crore in 2023. Not only this, Gujarat’s economy has grown at a cumulative annual growth rate of 15 percent, above the national average.

The Chief Minister said that 38 percent of the Delhi-Mumbai Industrial Corridor passes through Gujarat. Additionally, work is underway on the high-speed Mumbai-Ahmedabad rail corridor for the bullet train. These pivotal projects will benefit the logistics sector and economic activities of Gujarat and Mumbai.
The Chief Minister remarked that Gujarat’s forthcoming wave of economic growth will be driven by forward-looking industrial infrastructure projects such as GIFT City, DREAM City, the Hybrid Solar and Wind Renewable Energy Park, and Dholera SIR.

Prominent financial institutions, such as the World Trade Center, GIFT-NIFTY, and Bank of America, are established within GIFT City. GIFT City takes pride in being home to the nation’s inaugural International Bullion Exchange, said the Chief Minister.

Aligning with Hon’ble PM Shri Narendra Modi’s vision to make India a five trillion USD economy, the CM specifically stated that Gujarat is dedicated to being a leader in fulfilling the PM’s vision of making India a USD 5 trillion economy
To achieve this, the goal is to attain a Compound Annual Growth Rate (CAGR) of 14 percent by 2027 within crucial manufacturing sectors, including Semiconductor Manufacturing, Green Hydrogen, Electric Vehicles (EV), Pharmaceuticals, Textiles, and Technical Textiles, among others.