UAE-India GJ Sparks at Vibrant Gujarat 2024

Jan 09, 2024

The Main Convention Hall at Mahatma Mandir in Gandhinagar, Gujarat, is all set for the grand Inaugural Ceremony on January 10, 2024, marking the commencement of the much-awaited Vibrant Gujarat Global Summit 2024. The esteemed presence of Honorable Prime Minister Shri Narendra Modi will grace this inaugural event, setting the tone for a three-day summit from January 10 to 12, 2024.

The stage for this 10th edition was primed during the prelude event, where Chief Minister Shri Bhupendra Patel witnessed the signing of about 58 MoUs, anticipating an investment of Rs 7.17 lakh crore. This momentous occasion laid the groundwork for what promises to be an exceptional summit.

Among the focal points of this summit is the prominence of the UAE-India Gem & Jewellery (GJ) trade. The Country Seminar dedicated to this sector, slated for the summit’s opening on January 10th in Gandhinagar, Gujarat’s capital, will emphasize trade finance, investment facilitation, and startup opportunities.

Since its inception in 2003, the biennial Vibrant Gujarat Summit has evolved into a vital global platform fostering strategic business partnerships, inclusive growth, and knowledge sharing. The government of Gujarat has curated a distinguished roster of Indian luminaries from government, trade, industry, technology, and specialized business to partake in the Country Seminar.

Leading this delegation is Piyush Goyal, India’s Minister for Commerce and Industry, supported by key figures such as Rajesh Kumar Singh, Secretary at the Department for Promotion of Industry and Internal Trade, Harsha Bangari, Managing Director of EXIM Bank, and Nivruti Rai, Managing Director and CEO of Invest India.

Surat, a global hub for diamond trading and home to the impressive Surat Diamond Bourse, plays a pivotal role in the gem & jewellery landscape. Discussions during the summit will be led by Vipul Bansal, Joint Secretary in India’s Department of Commerce, focusing on the future prospects of gems and jewelry trade with the UAE.

Tapan Ray, Group CEO of GIFT City in Gandhinagar, will also contribute significantly to the discussions. GIFT City, Gujarat International Finance Tech-City, is being positioned by the state government as a prominent international financial services center.

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