Gandhinaga:18/1/19:r Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit at Mahatma Mandir Exhibition cum Convention Centre in Gandhinagar today. 5 Heads of States from Uzbekistan, Rwanda, Denmark, Czech Republic and Malta along with the captains of industry from various sectors & over 30,000 delegates from India and abroad are taking part in the event.
The Prime Minister invited global business leaders and companies to come and invest in India where the business climate is more investor friendly now with the required infrastructure and facilities in place. PM said, “India is now ready for business. In the last four years, we have jumped 65 places of global ranking of ease of doing business. I have asked my team to work harder to ensure India is on the top 50 next years.”
Mr. Modi said that International Institutions like the World Bank, IMF and Moody’s have shown confidence on India’s economy and the reforms taken in recent times. He added, “We have also made Doing Business cheaper. The implementation of GST and other measures of simplification of taxes have reduced transaction costs and made processes efficient. We have also made Doing Business Faster through digital processes and single point interfaces.”
Prime Minister said that India has now one of the largest ecosystems in terms of start-ups and with its world-class research facilities provides the right kind of atmosphere for investment. He added that, “We have worked hard to promote manufacturing to create jobs for our youth. Investments through our ‘Make in India’ initiative, have been well supported by programmes like ‘Digital India’ and ‘Skill India’ “
The PM added, “We were among the highest growing tourist destinations in the world in 2017. India had a growth of 14 percent over 2016, while the world grew at an average of 7 percent in the same year. We have also been the fastest growing aviation market in the world, with double-digit growth in passenger ticketing terms, for over four years”. He summed it up saying “India is thus, a land of immense opportunities. It is the only place which offers you Democracy, Demography and Demand”.
About Vibrant Gujarat Summit, he said, “It has now emerged as a global platform and presence of so many leaders shows that international cooperation is no longer limited to national capitals but is also extended to state capitals,”
Gujarat CM , Vijay Rupani lauded PM Modi for his policy driven governance and visionary leadership and assured the captains of industry all possible support to facilitate easy business.
Five Heads of States who grace the occasion were the President of Uzbekistan, Shavkat Mirziyoyev along with the Prime Ministers of Denmark, Lars Løkke Rasmussen; Czech Republic, Andrej Babis & Malta, Dr Joseph Muscat.