Gujarat Champions Development: Vibrant Summit Spurs Rs 271 Cr Investment in Gir Somnath

The Vibrant Gujarat Regional Conference in Veraval has fostered Rs 271 crore investment deals aimed at boosting Gir Somnath's development. Key sectors like agriculture and aquaculture were highlighted, driving industrial growth and job creation. Seminars focused on innovation and business expansion rounded off the successful event.

The Government of Gujarat has furthered its vision of Viksit Bharat @2047 through the Vibrant Gujarat Regional Conference (VGRC), held across four regions of the state. The district-level summit recently took place at Asopalav Lawns in Veraval, highlighting its stature as a signature event within the Kutch and Saurashtra Regional Conferences, according to a statement from the Chief Minister's Office (CMO) of Gujarat.

During this event, agreements amounting to over Rs 270 crore were forged between industrialists and various industrial entities, aiming to accelerate development in Gir Somnath. District Panchayat President Sushri Manjulaben Muchhar hailed the summit, initiated two decades ago by then Chief Minister Narendra Modi, as a global investment platform. She highlighted Gir Somnath's fertility, driven by its agricultural prowess in producing fish, Kesar mango, coconuts, and other crops. The region leads in coconut production and has around 120 operational industrial units in Veraval.

Dr Kuldeep Arya, CEO of Dholera SIR, noted Gujarat's transformation into a preferred investment hub through these summits. With the shift to multiple zones, the upcoming conference is scheduled for Rajkot. In Veraval, focus lay on enhancing 'Ease of Doing Business' and paving the way for strategic discussions about India's trajectory in high-tech manufacturing and manpower readiness. Prominent investments at the summit include Rs 250 crore from Indian Potash Limited, Rs 10 crore from Raichura Energy, and Rs 11 crore from Al Faisal Dry Fish, signaling a promising development horizon for the region.

(With inputs from agencies.)