Question: Consider the following statements in reference to the Vibrant Gujarat Global Summit 2019 and choose the correct statement/s in the options given below:
(1) This was the 10th Edition of Vibrant Gujarat Global Summit.
(2) Prime Minister inaugurated the summit in Gandhinagar on 18th January, 2019.
(3) The summit witnessed participation of 5 head of states and over 42,000 delegates.
(4) It was started in 2003 by the then Chief Minister Narendra Modi.
Choose the correct options:
(a) 1, 2 and 3
(b) 1, 3 and 4
(c) 2, 3 and 4
(d) All of the above
Answer: (c)
Related facts:
- Vibrant Gujarat Global Summit started in Gandhinagar, Gujarat with the inauguration by Prime Minister Narendra Modi at Mahatma Mandir Exhibition cum Convention Centre on 18th January, 2019.
- This event was held between 18th and 20th January, 2019. This was the 9th edition of this summit which started in 2003 under the guidance of Narendra Modi who then the Chief Minister of Gujarat.
- This business summit held meetings, seminars, presentations for the growth of the state with investment from key industrialists in the state as well as collaborations with various countries in trade and commerce. It has also grown as a platform to discuss and debate for the major global socio-economic issues in the world.
- Five head of states from Uzbekistan, Rwanda, Denmark, Czech Republic and Malta along with the captains of industry from various sectors & over 42,000 delegates from India and abroad took part in the event.
Key highlights of the summit:
- 15 partner countries of the summit are Australia, Canada, Czech Republic, Denmark, France, Japan, Morocco, Norway, Poland, South Africa, South Korea, Thailand, Netherlands, UAE and Uzbekistan as well as national partners CII and FICCI.
- A total of 28,360 Memorandum of Understanding (MoU) were signed during the summit of which 21,889 were related to Micro Small & Medium Enterprises (MSME) sector. This is expected to create over 21 lakh jobs in the state.
- Adani group led by Gautam Adani will invest Rs. 55,000 crore in next five years in Gujarat which includes world`s largest solar plant, a copper plant, a cement unit and many other projects.
- Reliance Industries Limited led by Mukesh Ambani will invest Rs. 3 lakh crore in next 10 years in projects ranging from energy and petrochemicals to digital business.
- Aditya Birla Group Chairman announced investment worth Rs. 15,000 crore in Gujarat in next three years on capacity expansion and setting up of new units.
- Japanese Automaker Suzuki announced to commission its third plant in Gujarat by 2020 and will introduce hybrid vehicles in India with technical support from Toyota.
- Chromeni Steels to invest 3 billion USD in Dholera town of Gujarat for manufacturing stainless steel and EV Batteries.
- Major events during the meet include a Round-table interaction with the heads of global funds, ‘Africa Day’, MSME convention, Roundtable for Opportunities in Science & Technology, Engineering and Mathematics (STEM) Education & Research.
- The closing ceremony was held in the presence of Vice President M Venkaiah Naidu.
Links:
https://indianexpress.com/article/india/vibrant-gujarat-summit-live-updates-narendra-modi-inauguration-5544099/
http://www.pib.nic.in/Pressreleaseshare.aspx?PRID=1560485
https://www.cnbctv18.com/videos/economy/here-are-the-key-highlights-of-9th-edition-of-vibrant-gujarat-summit-2026781.htm
https://vibrantgujarat.com/