Vibrant Gujarat Summit 2019: India is a land of opportunity, says Modi

Prime Minister Narendra Modi inaugurated the 9th edition of the Vibrant Gujarat Summit at Mahatma Mandir in Gandhinagar on Friday. He had conceptualised this summit in 2003 as the chief minister of Gujarat to position the state as an ideal investment destination. 

In his speech he said, India is the land of immense opportunity and it is the place to be. He welcomed all the partners of the events and the participating nations to the event and assured them of a better and bigger platform for investments. He said that with a proper functional democracy, a strong judicial system, efficient and cheap labour, India will provide the investors what they are looking for. 

Modi will be in Hazira in Surat on Saturday to mark the setting up of the Hazira Gun Factory. From here, he will leave for Silvassa in the Union Territory of Dadra and Nagar Haveli. He will inaugurate and lay the foundation stone for various development projects there.

He will also inaugurate the Ahmedabad Shopping Festival, 2019, which has been planned on the lines of the Dubai Shopping Festival. The Prime Minister will also unveil the festival mascot. The trade show will continue till January 22 and will be open for general public on the last two days (January 21 and 22).

For the first time, the government has organised buyer-seller and reserve buyer-seller meet as part of the trade show, where manufacturers, mainly from the MSME sector, are displaying their products. The Vibrant Gujarat Global Trade Show is being held on around 200,000 sq metres of exhibition ground in the state capital. Around 25 industrial and business sectors are showcasing their products at the event.

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Netherlands' AWECT will sign an MoU with the VMC to set up a high-efficient waste and energy plant in Vadodara.

Smart City

As part of the Smart City project, the Vadodara Municipal Corporation will sign an MoU with Dutch company ARS T and TT with an aim to explore potential collaboration based on technical expertise and vast experience of the company in traffic and transport area
More than 30,000 national and international delegates, including CEOs of major firms from India and abroad, are expected to attend the biennial three-day event in Gandhinagar.

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A Dutch company, Pal-V, which makes flying cars, is also participating in the summit. Pal-V plans to deliver its first vehicles, which will have seating capacity for two persons, to customers in Europe by 2019 or early 2020.
The Netherlands said on Thursday it will be signing 10 MoUs with focus on sectors like smart city and waste management, healthcare and agricultural cooperation.

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