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Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy and Petrochemicals, Gujarat addresses the gathering and welcomes Industry Leaders of Chennai to invest in Gujarat
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“Vibrant Gujarat Global Summit has established Gujarat as the role model of development for the nation” – Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy and Petrochemicals, Gujarat
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“Gujarat became the Growth engine of Viksit Bharat under the visionary guidance of
Hon’ble Prime Minister”
-Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy and Petrochemicals, Gujarat
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Chennai , November 2, 2023: Following the curtain raiser held in New Delhi for the 10th edition of Vibrant Gujarat and the successful national and international roadshows in Mumbai, Chandigarh, Kolkata, and Japan, the Vibrant Gujarat 2024 delegation successfully concluded the roadshow in Chennai led by Shri Kanubhai Desai, Hon’ble Minister of Finance, Energy and Petrochemicals, Government of Gujarat. Distinguished industry captains, along with officials from the Gujarat government, were in attendance on this occasion.
Ahead of the roadshow, Shri Kanubhai Desai, Hon’ble Minister of Gujarat had one-to-one meeting with various industry leaders, namely Mr. Anand Roy, MD & CEO, Star Health & Allied Insurance Co. Ltd., Mr. K M Balaji, Deputy CFO, Ashok Leyland Ltd., Mr. Krishnan Akhileshwaran, CFO, Apollo Hospitals Enterprise Ltd., Mr. Arun Mammen, Vice Chairman & MD, MRF Ltd., Mr. M.P. Vijay Kumar, Executive Director & Group CFO, Sify Technologies, Mr. Ramshankar C S, CEO, Maxbyte Technologies Private Ltd., Mr. Satyajit Tripathy, Chairman & MD, United India Insurance Co. Ltd., and Mr. Shanti Lal Jain, MD & CEO, Indian Bank.
While addressing the participants of the roadshow, Shri Kanubhai Desai shared insights into the success of the Vibrant Gujarat Summit and emphasized how Gujarat has become a role model for development and a preferred investment destination over the last two decades. He also highlighted on the proactive policy-led approach, Ease of Doing Business, investor-friendly attitude, and strong industrial infrastructure of the state.
Hailing Gujarat’s lead in the Renewable Energy Sector, the Hon’ble Finance Minister shared that, in alignment with the Prime Minister’s commitment to transform India into a net-zero economy, the state has undertaken several noteworthy initiatives. Hon’ble Minister expressed satisfaction in announcing that Gujarat has achieved a significant milestone with its renewable energy capacity reaching 20 GW, contributing to 15% of the nation’s total renewable energy capacity.
Emphasizing the state’s commitment to sustainable practices, Hon’ble Minister highlighted the ongoing development of the world’s largest hybrid renewable energy park in Kutch. He acclaimed, “Gujarat has set an ambitious target of generating 100 GW of renewable energy under its Green Hydrogen Mission, showcasing a forward-looking approach. The recent launch of the Gujarat Renewable Energy Policy further underscores the state’s dedication to promoting wind, solar, and hybrid technology-based renewable generation projects.”
He further emphasized upon Gujarat’s future-ready mega projects like GIFT City, Diamond Research and Mercantile City (DREAM City), Dholera SIR, etc. Additionally, he highlighted the state’s commitment to advancing Prime Minister Shri Narendra Modi’s vision for the semiconductor sector. He said, “Gujarat stands as the first state in the country to implement the Semiconductor Policy, aiming to establish itself as India’s preferred location for semiconductor and display fab manufacturing. The upcoming Vibrant Summit will also organize seminars and conferences on important topics like Semiconductor Sector, Sustainable Manufacturing, Green Hydron, Electric Mobility, Renewable Energy, and Industry 4.0”.
He concluded by extending an invitation to all the participants for the upcoming Vibrant Gujarat Global Summit 2024, urging investments in Gujarat and encouraging active involvement in the nation’s developmental journey.
The roadshow began with a welcome address by Mr. M.P. Vijay Kumar, Co-Chair, Policy Advocacy Panel, CII Tamil Nadu, and Executive Director & CFO, Sify Technologies, followed by screening of an AV film on Vibrant Gujarat. Mr. K. Sendhil Naathan, Managing Director, TANFAC Industries Ltd. & Nominee Director, Anupam Rasayan India Ltd. and Mr. Saji Varghese, General Manager, MRF shared their experiences on Gujarat.
Further, Shri Swaroop P., IAS, Commissioner of Land Reforms and Ex-officio Secretary, Government of Gujarat, delivered a comprehensive presentation on the myriad business opportunities available in Gujarat. The roadshow concluded with a vote of thanks by Shri Arun Mahesh Babu, IAS, Managing Director, Uttar Gujarat Vij Company Ltd.
