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Vibrant Gujarat Meet Nets Rs 500 Crore Export Inquiries, Draws Global Buyers

The Reverse Buyers-Sellers Meet at the Vibrant Gujarat Regional Exhibition has generated export inquiries worth nearly Rs 500 crore. The event connected 53 international buyers with over 1,800 local manufacturers, leading to more than 2,200 B2B meetings and over 1,000 signed MoUs. The meet focuses on key sectors like handicrafts, textiles, agri-food, and gems & jewellery. The Vibrant Gujarat Summit, initiated in 2003 by then Chief Minister Narendra Modi, has grown into a major global economic forum driving the state's industrial growth.

Key Points: Rs 500 Crore Export Inquiries at Vibrant Gujarat Reverse Meet

  • 53 buyers from 23 countries
  • 1800+ Gujarat sellers participated
  • 1000+ MoUs signed in 2 days
  • Focus on handicrafts, textiles, engineering & gems
2 min read

Vibrant Gujarat: Reverse buyers-sellers meet generates export inquiries worth Rs 500 crore

Reverse Buyers-Sellers Meet at Vibrant Gujarat generates Rs 500 crore in export inquiries with 53 international buyers from 23 countries participating.

"offers local producers a rare opportunity to showcase and sell their products directly in overseas markets - Suvidh Shah, FIEO"

Rajkot, Jan 12

The Reverse Buyers-Sellers Meet at Hall No. 1 of the Vibrant Gujarat Regional Exhibition has emerged as one of the event's biggest attractions, drawing strong international interest and significant business traction.

The meet brought together 53 international buyers from 23 countries and more than 1,800 manufacturers and sellers from across Gujarat, creating a powerful platform for direct global trade.

According to Suvidh Shah, Additional Director General of the Federation of Indian Export Organisations (FIEO), the meet offers local producers a rare opportunity to showcase and sell their products directly in overseas markets, with substantial economic gains expected as a result.

The initiative is jointly organised by the Government of Gujarat's iNDEXTb, Office of the Industries Commissioner, MSME Department, RAMP, FIEO, CAPEXIL, and the Gujarat Jewellery Promotion and Export Promotion Council (GJPEPC).

The meet focuses on a diverse range of sectors, including handloom, handicrafts, textiles, agri-food, tiles and ceramics, engineering goods, automobiles, and gems & jewellery.

International buyers have arrived from the United States, Canada, Europe, Russia, the Gulf countries, Australia, Africa and Central Asia, alongside 22 domestic buyers exploring sourcing opportunities.

The business response has been robust: more than 2,200 B2B meetings were held over two days, and over 1,000 Memorandums of Understanding (MoUs) were signed.

Notably, the meet generated export inquiries worth nearly Rs 500 crore, signalling strong global demand for Gujarat's manufacturing and artisanal products.

The Vibrant Gujarat Summit was launched in 2003 by then Chief Minister Narendra Modi as a strategic response to revitalise Gujarat's economy after the 2001 earthquake, to position the state as a global investment hub.

What began as a state-focused investor meet soon evolved into one of the world's most influential economic forums, drawing heads of state, global CEOs, international organisations and industry leaders.

Over the years, the summit has expanded its scope from investment promotion to technology, innovation, sustainability and global partnerships, helping Gujarat accelerate industrialisation, infrastructure growth and its emergence as India's manufacturing powerhouse.

- IANS

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Reader Comments

R
Rohit P
Great initiative! The reverse meet concept is brilliant – bringing international buyers to our doorstep. Hope the MSMEs and local artisans get the full benefit and aren't squeezed by middlemen. The focus on handloom and handicrafts is especially heartening.
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David E
Impressive numbers – 53 buyers from 23 countries and 1800 sellers. As someone in international trade, I can say this is a very efficient model. Gujarat's consistent focus on creating such platforms since 2003 is clearly paying off. A case study for other states.
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Anjali F
While the headline figure is exciting, I hope the actual conversion of these inquiries into firm orders is tracked and reported. Sometimes these MoUs remain on paper. The real success will be when the money hits the bank accounts of our small businesses.
K
Karthik V
Vibrant Gujarat has come a long way from its post-earthquake origins. From engineering goods to our beautiful Bandhani textiles, it's showcasing the complete diversity of the state's economy. Jai Gujarat! 🚀
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Sarah B
The international buyer list is very diverse – US, Canada, Europe, Gulf, Africa. This reduces market risk for Gujarati exporters. Smart move by the organizers. This is how you build resilient trade networks.

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