Gujarat's Investment Success at Davos Sets Global Benchmark, Says Dy CM

Speaking on the sidelines of the World Economic Forum (WEF) annual meeting at Davos, Sanghavi underlined how Gujarat's long-term vision, rooted in policy continuity and investor confidence, is delivering tangible results.

Sanghavi said that under the Regional Vibrant Gujarat initiative launched in recent months, Memoranda of Understanding (MoUs) worth over Rs 9 lakh crore have already been signed.

"Just a few days ago, as we were preparing to come to the World Economic Forum under the guidance of the Chief Minister, an MoU worth Rs 40,000 crore was signed with Maruti Suzuki," he noted, pointing to the sustained momentum in Gujarat's investment ecosystem.

Recalling the early years of Gujarat's global outreach, Sanghavi referred to Prime Minister Narendra Modi's leadership as Chief Minister of Gujarat.

"When PM Modi presented the vision of GIFT City to the world in 2007, many so-called intellectuals questioned it. Today, GIFT City stands as a global financial and technology hub, validating that foresight," he said.

According to Sanghavi, the transformation witnessed in Gujarat mirrors the broader change India has undergone under PM Modi's leadership.

"If you look closely, you can see how much has changed. States such as Assam and Jharkhand are now aspiring to take themselves to the global stage," he said, adding that Gujarat's investment narrative remains clear, consistent and exemplary.

Expressing gratitude to Prime Minister Narendra Modi, Sanghavi said PM Modi has boosted the spirit of crores of people across the country.

"Gujarat has always respected and honoured him for his contribution to the state's development, but after 2014, the entire nation has embraced him as its Prime Minister," he said.

Sanghavi further noted that India's participation at this year's WEF reflects growing global confidence in the country.

"At Davos, India has arrived with the strongest delegation it has ever had. This itself speaks volumes about India's economic strength and global standing," he added.

Reiterating Gujarat's success story, the Deputy Chief Minister said the state's investment framework - anchored in ease of doing business, infrastructure readiness and policy stability - has emerged as a benchmark.

"Gujarat's investment story is an excellent model. It demonstrates how a clear vision, sustained leadership and proactive governance can convert intent into impact," Sanghavi said.

As India seeks to position itself as a leading global economic force, Gujarat's presence at Davos, officials said, underscores the state's role as a key driver of the country's growth narrative - one that continues to attract global investors and inspire other states to follow suit.

- IANS