AHMEDABAD: Prime Minister Narendra Modi has pledged to make India one of the top three economies in the world. Speaking at the 20th anniversary celebrations of the Vibrant Gujarat Global Summit (VGGS) in Ahmedabad, PM Modi emphasized that India is on track to become a global economic powerhouse.
India’s Economic Growth
PM Modi highlighted the success of the VGGS in making Gujarat the growth engine of India. He stated that India is currently the fastest growing economy in the world and is poised to become a global economic powerhouse. PM Modi guaranteed that India will be among the top three economies in the world.
Gujarat’s Growth Statistics
PM Modi showcased Gujarat’s impressive growth statistics over the past two decades. He mentioned that the investment in the automobile sector has increased nine-fold, manufacturing output has grown 12 times, and the chemical sector in Gujarat is renowned worldwide. The state also leads in food processing, pharma, and diamond exports.
Future Opportunities
PM Modi urged industrialists to identify sectors that can create new opportunities for India. He emphasized the importance of VGGS in supporting the startup ecosystem and strengthening Gujarat’s Gift City, which plays a crucial role in the finance and tech sectors.
The Growth of VGGS
PM Modi highlighted the growth of VGGS over the years. He mentioned that the event now sees participation from over 130 countries and 2,000 exhibitors, compared to just a handful of countries in its maiden edition in 2003.
Vision for VGGS 2024
Looking ahead, PM Modi stated that the next 20 years are crucial for VGGS. He emphasized the need to make VGGS an enabler for transforming India into a developed country and achieving the goal of an Aatmanirbhar Bharat by 2047, the 100th Independence Day of India.
Success of VGGS
PM Modi commended the success of VGGS in showcasing Gujarat’s talent, culture, and investment opportunities to the world. He credited the government’s decision-making abilities and focused approach for the event’s resounding success.
Transforming Gujarat’s Economy
PM Modi recalled the challenges faced by Gujarat, including the 2001 earthquake and economic crises, and how VGGS played a crucial role in transforming the state’s economy. He also criticized the previous Congress regime for not supporting Gujarat’s initiatives.
Conclusion
PM Modi’s speech at the VGGS highlighted India’s economic growth and the role of Gujarat in driving the country’s development. He expressed confidence in India’s future and urged industrialists to seize new opportunities. PM Modi underscored the importance of VGGS in showcasing India’s potential to the world and emphasized the need for continued progress in the coming years.
News Summary:
- Prime Minister Narendra Modi pledges to make India one of the top three economies in the world at the Vibrant Gujarat Global Summit (VGGS).
- India is currently the fastest growing economy globally and poised to become a global economic powerhouse.
- Gujarat’s growth statistics over the past two decades include a nine-fold increase in automobile sector investment, 12x growth in manufacturing output, and leadership in sectors like chemicals, food processing, and diamonds.
- PM Modi urges industrialists to identify sectors for new opportunities and emphasizes the importance of supporting startups and strengthening Gujarat’s Gift City.
- PM Modi highlights the growth of VGGS, which now sees participation from over 130 countries and 2,000 exhibitors.
- PM Modi envisions VGGS 2024 as an enabler for transforming India into a developed country and achieving an Aatmanirbhar Bharat by 2047.
- PM Modi commends the success of VGGS in showcasing Gujarat’s talent, culture, and investment opportunities to the world.
- PM Modi recalls the challenges faced by Gujarat and criticizes the previous Congress regime for not supporting Gujarat’s initiatives.
- PM Modi’s speech highlights India’s economic growth, Gujarat’s role in driving development, and the need for continued progress.
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