Indian Professionals Forum jointly with FICCI and High Commission of India hosted a delegation from Gujarat and organised an event on Investing in Vibrant Gujarat on Wednesday 19th September. Mr M K Das, Principal Secretary to the Chief Minister of Gujarat and Principal Secretary of Industries was the leader of the delegation consisting of representatives of key industries and private sector based in Gujarat.
About 100 delegates attended including about 20 members of the Gujarat delegation.
A presentation was made by Mr Das. The highlights of the presentation found, size of India’s Economy at present is $2.78 Trillion (2016-17), making it 3rd largest economy in the world by purchasing power parity (PPP). India has 3rd largest Start up investor base in the world. $4 Trillion will be estimated consumption in India by 2025, making it 3rd largest consumer economy in the world. India will produce 175 G watts of renewable energy by 2020. India attracted 44.8 billion dollars of FD investment in 2017-18 and Gujarat has 5% of India’s Population (60.4 Million) but contributes 8% of India’s GDP and 20% of India’s exports.
43% of Gujarat’s population lives in urban areas. It has 48 large ports and 17 operational airports and one of the most urbanised state in India. It has 6 smart city projects: Ahmedabad, Surat, Vadodara, Rajkot, Gandhinagar and Dahod.
Gujarat Government has allotted $121 Million for development of small businesses in 2017-18 . GIFT CITY in Gujarat is India’s only hub with world class infrastructure for offshore and international transactions in banking, insurance and capital markets.
Gujarat has India’s first high speed rail project between two cities: Ahmedabad and Mumbai and wold’s largest off shore wind farm project of 1000MW is in Gujarat.
Mr Das invited all delegates to Vibrant Gujarat event in Gandhinagar on January 18-20 , 2019. The presentation was followed by an interactive dialogue between the visiting delegates and the IPF members. Full presentation is available on request from IPF membership.
