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Key Points

Gujarat is pioneering an innovative regional economic development strategy through its Vibrant Regional Conferences initiative. Chief Minister Bhupendra Patel has outlined an ambitious plan to unlock local economic potential across different districts. The conferences aim to directly connect investors with regional ecosystems and boost micro, small, and medium enterprises. This approach aligns with the national vision of creating a $3.5 trillion economy and achieving a developed India by 2047.

Key Points: Gujarat's $3.5T Growth Plan Targets Regional Economic Surge

  • Gujarat targets $3.5 trillion economy by 2047 through innovative regional conferences
  • State contributes 8.5% to national GDP with ambitious industrial roadmap
  • VGRC initiative connects investors directly with local economic ecosystems
  • Quarterly regional conferences planned across Gujarat to showcase local strengths
2 min read

Gujarat pushes regional growth agenda, targets $3.5 trillion economy by 2047

Gujarat CM Bhupendra Patel unveils Vibrant Regional Conferences strategy to boost economic potential and drive national development

"Regional Aspirations, Global Ambitions - Bhupendra Patel, Gujarat CM"

Ahmedabad, Sep 4

Gujarat Chief Minister Bhupendra Patel on Thursday pitched the state's ambitious plan to drive regional growth through the upcoming Vibrant Gujarat Regional Conferences (VGRCs), projecting the state as a key player in India's march towards a $3.5 trillion economy by 2047.

Addressing industry leaders, diplomats, and senior officials from the Central government at an interaction meet in Delhi, CM Patel said the initiative would take the legacy of the Vibrant Gujarat Global Summit (VGGS) to every district of the state.

"Some of our regions have such immense potential that their output surpasses that of entire states. VGRC will unlock these opportunities by connecting investors directly with regional ecosystems and enabling MSMEs and ancillary industries to grow together," Patel said.

He highlighted Gujarat's contribution of 8.5 per cent to India's GDP, 18 per cent of its industrial output, and nearly 27 per cent of the country's exports, crediting the Vibrant Summit model for transforming the state's economic and social landscape over the past two decades.

Outlining Gujarat's industrial roadmap, Patel pointed to upcoming projects such as GIFT City, Dholera SIR, Mandal-Becharaji SIR, greenfield ports, LNG terminals, and new industrial parks including PM-MITRA, Bulk Drug Park, Medical Device Park, and Agro Food Park.

These, he said, would strengthen Gujarat's case as India's gateway to global investors. The first VGRC will be held in Mehsana on October 9-10, followed by quarterly editions in Rajkot (Kutch-Saurashtra), Surat (South Gujarat), and Vadodara (Central Gujarat).

Each regional conference will be complemented by trade shows, exhibitions, and sectoral seminars to highlight local strengths and foster global collaborations.

"The theme of VGRC -- Regional Aspirations, Global Ambitions -- reflects the Prime Minister's call of Vocal for Local, Local for Global. This initiative will not only strengthen Atmanirbhar Bharat but also contribute to the vision of Viksit Bharat @2047," Patel added.

Amardeep Singh Bhatia, Secretary, DPIIT, said the regional push would serve as "a platform to showcase regional strengths, catalyze ground-level development, and align local aspirations with the broader vision of Developed India by 2047".

The event drew ambassadors, high commissioners, and representatives from around 50 countries.

Gujarat Chief Secretary Pankaj Joshi, Industries Commissioner P. Swaroop, and Industries & Mines Principal Secretary Mamta Verma also addressed the gathering, with Verma presenting detailed plans for the VGRCs.

- IANS

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Reader Comments

P
Priya S
Hope this growth reaches the common people too. Sometimes these big numbers don't translate to better jobs and living standards for ordinary Gujaratis. The MSME focus is promising though!
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Aman W
Gujarat contributing 27% of India's exports is massive! No wonder they're confident about the $3.5 trillion target. The industrial parks and GIFT City will definitely attract foreign investment. 🇮🇳
S
Sarah B
Impressive to see the systematic approach - quarterly conferences across different regions. This could be a model for other states to follow. The trade shows and exhibitions will help local businesses connect globally.
K
Karthik V
Hope they also focus on sustainable development. With all these industrial projects, environmental protection should not take a backseat. Green growth is the need of the hour!
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Nisha Z
As someone from Surat, I'm excited about the South Gujarat conference! Our diamond and textile industries have huge potential for global collaboration. This initiative could really boost local entrepreneurs. 💎

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