Investing in Vibrant Gujarat

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 are: 

1. Size of  India’s Economy at present is Us dollars 2.78 Trillion (2016-17), making it 3rd largest economy in the world by purchasing power parity (PPP)
2. India has 3rd largest Start up investor base in the world
3. US dollar 4 Trillion will be estimated consumption in India by 2025, making it 3rd largest consumer economy in the world 
4. India will produce 175 G watts of renewable energy by 2020. 
5. India attracted 44.8 billion dollars of  FD investment in 2017-18
6. Gujarat has 5% of India’s Population (60.4 Million) but contributes 8% of India’s GDP and 20% of India’s exports
7. 43% of Gujarat’s population lives in urban areas.
8. Gujarat has 48 large ports and 17 operational airports
9. Gujarat is One of the most urbanised state in India 
10. Gujarat has 6 smart city projects: Ahmedabad, Surat, Vadodara, Rajkot, Gandhinagar and Dahod
11. Gujarat Government has allotted 121 Million US dollar for development of small businesses in 2017-18
12. GIFT CITY in Gujarat is India’s only hub with world class infrastructure for offshore and international transactions in banking, insurance and capital markets
13. Gujarat has India’s first high speed rail project between two cities: Ahmedabad and Mumbai
14. 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.