Modi invites other states to Vibrant Guj

Modi invites other states to Vibrant Guj

Mumbai: Gujarat aims to become the unofficial business capital of India, after Chief Minister Narendra Modi promised business in Mumbai on Wednesday that Ahmedabad would help corporates set-up business in any state of the country.

In the city to promote ‘Vibrant Gujarat 2011’, the fifth edition of the bi-annual global investors’ meet at Ahmedabad, Modi compared such road-show events with the annual get together of global business leaders at Davos, the Swiss holiday resort, and called the two-day event as ‘Davos in action’.

“Business and investors should not think of only investing in Gujarat. You will see that during the event, we will help you start a business in any corner of the country," said Modi.

Under the meet, Gujarat “home to 22% of country’s total exports" aims to bring together business leaders, investors, policy makers and explore business opportunities in Gujarat and other states.

Modi first started with the road shows in the year 2005 and since then the four editions have seen a total of $360 billion of investment. The 2009 summit saw participation from 45 countries, with the state attracting investment commitments of $240 billion.

Stanly Johny