The 10th edition of the Vibrant Gujarat Global Summit witnessed numerous global business leaders express their admiration for Prime Minister Narendra Modi's vision of a developed India while unveiling their investment plans:
- Sanjay Mehrotra, CEO of Micron, expressed gratitude for PM Modi's vision to open semiconductor manufacturing in India. Micron's facility in Gujarat aims to be operational by early 2025, creating numerous direct and community jobs.
- Lakshmi Mittal, chairman of ArcelorMittal, praised the PM's emphasis on process continuity and outlined the Hazira Expansion Project to be completed by 2026, emphasizing investments in green sectors like renewable energy and green hydrogen.
- Toshihiro Suzuki, President of Suzuki Motor Corporation, lauded PM Modi's leadership and India's rise as the 3rd largest automobile market. Suzuki mentioned plans for the first EV produced in India, expanding production capacity, and exporting vehicles.
- Gautam Adani, chairman of the Adani Group, expressed pride in the summit's editions and credited PM Modi for reshaping India's global presence, positioning it as a leader and champion on the global stage.
- Mukesh Ambani, chairman of Reliance Group, highlighted Vibrant Gujarat as a prestigious investment summit, affirming Reliance's commitment to aiding Gujarat's green growth, renewable energy, and technological advancement, including 5G rollout.
- Jeffrey Chun, CEO of Simmtech, expressed excitement for their India project, following Micron's investment in Gujarat, highlighting their role as a key supply chain partner.
- N Chandrasekaran, chairman of Tata Group, commended Gujarat's progress, discussing the expansion plans in various sectors including EV vehicles, battery production, defence aircrafts, and semiconductor fab.
- Sultan Ahmed bin Sulayem, chairman of DP World, praised the government's efforts in developing industrial clusters, announcing DP World's plan to invest in container terminals in Kandla, Gujarat.
- Shankar Trivedi, Sr VP Nvidia, highlighted the importance of generative AI, recalling Jensen Huang's lecture to Indian government leaders and acknowledging PM Modi's focus on AI.
- Nikhil Kamat, Founder and CEO of Zerodha, appreciated the stable ecosystem facilitated by the PM, citing the incredible growth of startups and the rise of small entrepreneurs and ecommerce in the last decade.
(With Agency Inputs)
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