London, Sept 28: In a bid to attract foreign investment, Gujarat will host a three-day global investors summit in Ahmedabad from today to showcase its industrial capabilities. Announcing this at a press conference here on August 17, Gujarat Chief Minister Narendra Modi said the summit would bring together local and global companies, governmental agencies and financial institutions and highlight investment possibilities in the state. "We will turn red tape into red carpet. The idea is to combine commerce and culture, trade and tradition, and entrepreneurship and entertainment," said Modi, who was here to scout for business investors for the state said here. The international mega convention would be the first of its kind, presenting the enormous investment opportunities available in Gujarat to the global corporate world, he said.
While the London Chamber of Commerce has agreed to participate in the vibrant Gujarat conference, about 500 delegates from Europe would attend it, he said. The government was also committed to promote tourism during the Navaratri festival, the largest dance festival of the world commencing from September 25 to October 5.



"Navratri will be a turning point for Gujarat and the country," he said. Asked about the extent of NRI investment he expected, the Chief Minister quipped: "Sky is the limit." He said the government has identified 133 projects and planned to develop 72 clusters.


Bureau Report