The Hindu Business Line

PM to inaugurate Gujarat global summit on Jan 10


About 25-30 global CEOs and the heads of the multi national corporatio­ns will throng to Gujarat on January 10, 2017 for the eighth edition of biennial Vibrant Gujarat Global Summit (VGGS) 2017.

The global CEOs will be accompanie­d by almost an equal number of Indian corporate leaders, who will attend the Global CEO Round table, to be inaugurate­d by the Prime Minister Narendra Modi.

“The Gujarat government and the Department of Industrial Planning and Policy (DIPP) is working together to invite global CEOs. We are expecting participat­ion of about 25 Global CEOs and heads of the multinatio­nal corporatio­ns to attend the event,” said PK Taneja, additional chief secretary, industries & mines department, Gujarat government, at a media briefing here.

Billed as the Davos of East, the VGGS will kick-start on January 9, with the inaugurati­on of the Global Trade Show in Gandhinaga­r.

“The 8th edition of the Summit will be bigger and grander. It will exceed any other event that is happening elsewhere in the country by other states. This time we have the largest number of partner countries at 12 and they are all front ranking countries,” said JN Singh, Chief Secretary, Gujarat government.

For the first time, the event, which was known for business investment­s, will witness Nobel Laureate exhibition from the area of science.

The Prime Minister will inaugurate the exhibition on January 9 along with the Global Trade show and the formal inaugurati­on of the Vibrant Gujarat Global Summit 2017 will happen on January 10 followed by the Global CEO round table.

The data shared by the government, since the first VGGS held in 2003, till the last Summit held in 2015, the total 51,738 MoUs or investment intentions were signed out of which 34,234 projects have either been completed or under implementa­tion, putting the success ratio of the investment MoUs at about 66 per cent.

 ??  ?? Narendra Modi
Narendra Modi

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