Don’t miss the latest developments in business and finance.

Gujarat tries to rope in other states for investors' meet

Image
Press Trust Of India Mumbai/ Gandhinagar
Last Updated : Jan 20 2013 | 1:24 AM IST

Gujarat, which is holding its fifth International Investors Summit here next year, wants to give the event a national stature and has invited other states to join the occasion to attract investment in their regions.

"This time the summit is intended as a platform to attract investment not only in Gujarat, but all across the country. We want all states to join us and make use of the opportunity," Gujarat Infrastructure Development Board Chief Executive Officer A K Sharma said

The state government is also hopeful that the January 2011 summit, part of its Vibrant Gujarat project, will see it surpass the figure of USD 240 billion for total investments deals that were signed during the last edition in 2009."In 2009, deals worth USD 240 billion were formalised. This time we not only expect that figure to be crossed but also see a huge jump coming with participation of other states and making it a national event," he said. He said a few states have already agreed to set up pavilions at the summit ground but refused to give names. However, according to another senior state government official, Haryana, Karnataka, and Madhya Pradesh have sent confirmation of their participation. Sharma, who is also secretary to Gujarat Chief Minister Narendra Modi, said around 7,000 delegates from across the globe are expected during the summit. In the last edition 5,000 delegates had participated. The state government is constructing a Rs 150 crore convention centre and allied site here, named after Mahatma Gandhi, for the event.

Also Read

First Published: Oct 23 2010 | 12:08 AM IST

Next Story