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Gujarat Congress Ex-Chief Modhwadia Resigns

Modhwadia, a former Leader of Opposition in the Gujarat assembly, wrote a letter to Congress president Mallikarjun Kharge stating that he is resigning from all party positions…reports Asian Lite News

In a setback for Congress ahead of the Lok Sabha polls, party leader and its former Gujarat unit chief Arjun Modhwadia resigned from the party and said that the leadership’s decision to decline the invitation for Pran Prathistha ceremony at Ayodhya had hurt the sentiments of people.

Modhwadia, a former Leader of Opposition in the Gujarat assembly, wrote a letter to Congress president Mallikarjun Kharge stating that he is resigning from all party positions.

In a hard-hitting attack, Modhwadia said the party had lost connection with the people. In his letter, Modhwadia hit out at Congress leader Rahul Gandhi and accused the party of “insulting Lord Ram by boycotting the Mahotsav in Ayodhya”.

He said that he had voiced his dissent when the Congress leadership declined the invitation to the Pran Pratishta event at the grand Lord Ram temple in Ayodhya in January.

“Prabhu Ram is not just pujaniya to Hindus, but he is the Aastha of Bharat. By declining the invitation to witness Pran Pratishtha Mahotsav have hurt the sentiments of the people of India, Congress as a party failed to assess the sentiments of the people,” he said.

“Since my dissent, I have met scores of people who were offended by the manner in which the Congress Party insulted Lord Ram by boycotting the Mahotsav in Ayodhya. To further distract and humiliate this pious occasion, Rahul Gandhi attempted to create a ruckus in Assam which further angered our party cadres and citizens of Bharat. Over and above, since the last few years, I found myself helpless to contribute to the people of my district Porbandar and the state of Gujarat,” he said.

Modhwadia said that he is leaving the party with a “heavy heart” after being associated with it for over 40 years and “given my entire life for”.

Modhwadia later told the media that he had tried to convey his message to the party but was not successful.

“When a party loses its connection with the people, it cannot survive for long. The people of the country wanted the Ram Temple to be constructed. The Congress had also decided that after a constitutional verdict from the Supreme Court, we would support it. Even then the invitation to the Pran Pratishtha was declined. I raised my voice then too, that this would hurt the public sentiment and we should not make such political decisions and that decision showed a lack of connection with the people. I tried to convey my message in several other matters, but I was not successful. Finally, I decided to resign today,” he said.

While BJP has declared some of its candidates from Gujarat for Lok Sabha polls, Congress is yet to decide its candidates. (ANI)

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AAP, Congress Clinch Seat-Sharing Deal in Gujarat, Stirs A Row

The pact, announced on Saturday, to give the Bharuch seat in Gujarat to AAP, has sparked debates.

Congress and Aam Aadmi Party (AAP) have reached a seat-sharing agreement ahead of the 2024 Lok Sabha elections, causing a stir in Gujarat, especially over the contentious Bharuch seat. The pact, announced on Saturday, to give the Bharuch seat in Gujarat to AAP, has sparked debates.

Outlining the broader strategy, Congress General Secretary and MP, Mukul Wasnik, stated, “Gujarat has 26 Lok Sabha seats. Congress will contest on 24, leaving Bharuch and Bhavnagar for AAP.” This arrangement is part of the INDIA bloc’s efforts to consolidate opposition unity and challenge the ruling party in the upcoming elections.

The decision has not gone down well with all, particularly by members closely associated with the Bharuch constituency. Earlier on Friday, Mumtaz Patel, the daughter of the late Ahmed Patel, a veteran Congress leader with deep ties to Bharuch, voiced her concerns, saying, “This seat traditionally belongs to Congress, and its potential reallocation has demoralised many within our party.”

Bharuch is an important seat, here’s why:

The efforts to protect the seat were also done by Faisal Patel, Ahmed Patel’s son. He expressed his discontent in a letter to the party leadership, highlighting the emotional and political significance of the Bharuch seat to his family and the Congress party. He pointed out the demographic composition of Bharuch and the electoral history, including his father’s victories from 1977 to 1984, to argue against the seat-sharing decision. Faisal Patel warned that ceding Bharuch to AAP could replicate the adverse impacts seen in Delhi and Punjab, where Congress’ presence has waned.

The Bharuch seat has been a stronghold for the BJP since 1989, with Mansukh Vasava securing it for the party in six consecutive terms. The AAP’s performance in the region, particularly their win in Dediapada during the 2022 Gujarat polls, has been cited as a factor in the seat-sharing discussions.

However, concerns about diluting Congress’s traditional support base and jeopardising its chances of reclaiming the seat have led to calls for a reconsideration of the agreement. As the Congress-AAP alliance navigates, these internal disputes, the outcome of their deliberations on the Bharuch seat remains a focal point of interest in the run-up to the Lok Sabha elections.

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Gujarat India News

Gujarat govt seeks to delete remarks against it in Bilkis Bano case

Gujarat government usurped the powers of Maharashtra government acting in furtherance of the judgment dated May 13, 2022, which in our opinion is a “nullity”, the apex court had said…reports Asian Lite News

The Gujarat government on Tuesday moved Supreme Court and filed a review petition seeking to expunge certain remarks made against the government for its conduct with regard to the premature release of the 11 convicts in Bilkis Bano case.

The State said that the adverse remarks made against the government in the apex court’s judgment have caused great prejudice to the State government.

The Gujarat government has sought to delete adverse remarks against the State.

It further argued that the State government had only acted as per the mandamus issued by the Supreme Court by way of its judgment of May 2022.

Gujarat government was acting as per the Supreme Court’s May 2022 judgment which directed it to consider the remission application of one of the convicts, it said in the review plea.

The State submitted that it cannot be held to have “usurped” the jurisdiction of the State of Maharashtra when it was acting as per a direction of the Supreme Court.

On January 8, the Supreme Court struck down the Gujarat government’s order granting remission to 11 convicts who had gangraped Bilkis Bano and murdered her family members during the 2002 Godhra riots.

The top court had held that the Gujarat government was not competent to pass the remission orders but the Maharashtra government. It had said the appropriate government to decide the remission was the State (in this case Maharashtra) within whose territorial limits the accused are sentenced and not where the crime is committed or the accused are imprisoned.

It had held that the judgment of May 13, 2022, by which another bench of the apex court had directed the Gujarat government to consider remission of a convict as per the 1992 policy, was obtained by “playing fraud” on the court and by suppressing material facts.

Gujarat government usurped the powers of Maharashtra government acting in furtherance of the judgment dated May 13, 2022, which in our opinion is a “nullity”, the apex court had said.

Filing the review plea, the Gujarat government objected to the apex court’s observation that State of Gujarat has acted in tandem and was complicit with convict.

“The Supreme Court’s observation holding Gujarat guilty of ‘usurpation of power’ and ‘abuse of discretion’ for complying with the order of apex court, whereby another co-ordinate bench of this Court held the State of Gujarat to be the ‘appropriate government’ under section 432(7) of CrPC, and issued a mandamus to the State of Gujarat to decide the remission Application of a convict in accordance with the Remission Policy of 1992 which was in existence at the time of conviction in the State of Gujarat, is an error apparent on the face of the record primarily,” review plea of the Gujarat government stated.

The Gujarat government had released the 11 convicts, who were sentenced to life imprisonment, on August 15, 2022. All the 11 life-term convicts in the case were released as per the remission policy prevalent in Gujarat at the time of their conviction in 2008.

In March 2002 during the post-Godhra riots, Bano was allegedly gang-raped and left to die with 14 members of her family, including her three-year-old daughter. She was five months pregnant when rioters attacked her family in Vadodara. (ANI)

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Gujarat India News STARTUPS News

Gujarat, Karnataka, Kerala, TN Ranked Top States For Startups

The Minister noted that India has emerged as the third-largest startup ecosystem globally, realizing the dreams of countless entrepreneurs and introducing innovative ways of doing business…reports Asian Lite News

Gujarat, Karnataka, Kerala, and Tamil Nadu were ranked as the best performing states in India at the startups awards function held here on Tuesday.

Addressing the startup awards and state ranking awards function, Commerce and Industry Minister Piyush Goyal said startups are playing a pivotal role in India’s journey towards becoming a developed nation by 2047.

He highlighted the diverse sectors in which startups are making substantial contributions, ranging from MedTech, FinTech, AgroTech to the aviation sector, drones, and simulators. He identified tourism as a sector with untapped potential, encouraging startups to explore innovative ideas around sustainable tourism.

He pointed out that PM Modi had said at the Vibrant Gujarat summit that the priority is New Age Skills, Futuristic Tech, AI & Innovation.

Expressing appreciation for the achievements in sectors like millets and food processing, Goyal urged startups to focus on new areas such as artificial intelligence (AI). He encouraged them to come up with ideas that make life easier and revolutionise existing ways of working.

The minister commended the significant progress made in the startup sector over the last eight years, stating that what was once a novelty has now become an integral part of the national mainstream.

Goyal expressed confidence in the entrepreneurial spirit of both the young and old, urging them to contribute their unique perspectives and ideas to the startup ecosystem. He reiterated that age should not be a barrier to engage with new ideas and foster innovation.

The Minister noted that India has emerged as the third-largest startup ecosystem globally, realizing the dreams of countless entrepreneurs and introducing innovative ways of doing business.

During his address, Goyal outlined key initiatives that will be taken to further support startups, including the categorisation of startups into different sectors for more focused interactions, the sanitisation of data to identify their locations and track development stage of the startups, and efforts to ensure all startups are registered on the Department for Promotion of Industry and Internal Trade (DPIIT) portal.

The Minister called for greater collaboration and mentoring through the MAARG portal – Mentorship, Advisory, Assistance, Resilience and Growth of Startup India. He emphasised the importance of outreach and on-boarding startups with the Government e-Marketplace (GeM) as the process for onboarding of startups has been simplified. He encouraged startups to register for patent, copyright, and trademark protections as the fees have been reduced for them.

Goyal announced that ‘Startup Maha Kumbh’ is scheduled to be organised in March 2024. He assured continued government support for the startup ecosystem, inviting entrepreneurs to leverage the vast consumer market and work collaboratively to transition from an emerging to a developed startup system.

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Vibrant Gujarat Summit Seals 26.3L Cr Deals

In the 10th edition of the Vibrant Summit, MoUs for 41,299 projects worth a whopping Rs 26.33 lakh crores have been signed, reports Asian Lite News

The much-awaited Vibrant Gujarat Global Summit has come to an end after three days of activities, witnessing various big-ticket investment proposals from various Indian and overseas companies.

The high-value investment proposals included Indian companies such as Adani Group, Reliance Industries, Tata Group, and global corporate DP World, among others.

In the 10th edition of the Vibrant Summit, MoUs for 41,299 projects worth a whopping Rs 26.33 lakh crores have been signed, the organiser said in a post on X.

A large part of the MoUs were in the green energy space, said officials.

In 2022, MoUs for 57,241 projects with investments worth Rs 18.87 lakh crores were signed, but the Vibrant Gujarat Summit 2022 was postponed due to the COVID-19 pandemic.

With this, Gujarat accomplished a landmark by securing MoUs for investments in 2022 and 2024, surpassing Rs 45 lakh crores across 98,540 projects.

“Through MoUs in emerging sectors like Semiconductors, E-Mobility, Green Hydrogen, and Renewable Energy, the Vibrant Gujarat Global Summit 2024, themed ‘Gateway to the Future,’ aims to establish Gujarat as a leading state in realizing Hon’ble Prime Minister @narendramodi’s vision of Viksit Bharat@ 2047,” the official X handle of Vibrant Gujarat wrote.

During these three days, about 3,500 foreign representatives joined the summit, and representatives from 19 states also converged.

The 10th edition of Vibrant Gujarat Global Summit 2024 was inaugurated on Wednesday by Prime Minister Narendra Modi. The theme of this year’s three-day summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organisations.

The Summit is also being used as a platform by the Ministry of Development of the North-Eastern Region to showcase investment opportunities in the North-Eastern regions.

The Vibrant Gujarat Global Summit was initiated by Narendra Modi in 2003, the then chief minister, to put Gujarat on the world map of trade and industry.

This year, multiple industry captains, including Chairman of ArcelorMittal, Lakshmi Mittal, Toshihiro Suzuki, President of Suzuki Motor Corporation, Japan, Mukesh Ambani of Reliance Group, Sanjay Mehrotra, CEO of Micron Technologies, USA, Gautam Adani, Chairman of Adani Group, Jeffrey Chun, CEO Simmtech, South Korea, N Chandrasekaran, Chairman Tata Sons Limited, Chairman of DP World, Sultan Ahmed bin Sulayem, Shankar Trivedi, Sr VP Nvidia and Nikhil Kamat, Founder and CEO of Zerodha, addressed the gathering and informed about their business plans.

Addressing the summit after formally inaugurating it on Wednesday, the Prime Minister reiterated the pledge to make India ‘viksit’ by 2047, making the next 25 years ‘Amrit Kaal’ of the country.

“It is time for new dreams, new resolutions and continuous accomplishments,” he asserted.

Referring to the 20th anniversary of the Vibrant Gujarat Summit, the Prime Minister remarked that the summit has showcased new ideas and created new gateways for investments and returns.

Throwing light on this year’s theme of ‘Gateway to the future’, the Prime Minister said that the future of the 21st century will be brightened by shared efforts.

During India’s G20 Presidency, the Prime Minister said that a road map for the future has been presented and is being forwarded by the vision of the Vibrant Gujarat Global Summit.

“The priorities and aspirations of India’s 1.4 billion citizens and their belief in human-centric development, coupled with the government’s commitment to inclusivity and equality, are a major aspect of world prosperity and development,” the Prime Minister remarked. Today, the Prime Minister mentioned that India is the 5th largest economy in the world, while it lagged at 11th position a decade ago.

He also underlined that in the next few years, India will go on to become one of the top 3 economies in the world, as predicted by various rating agencies around the world. (ANI)

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Gujarat unveils Viksit Gujarat@2047 vision document 

Gujarat Chief Minister Bhupendra Patel showcases detailed timeline outlining the industrial, economic, and social development of Gujarat until 2047…reports Asian Lite News

Chief Minister Bhupendra Patel, in collaboration with Union Finance Minister Nirmala Sitharaman and the CEO of Niti Aayog, BVR. Subrahmanyam, unveiled the visionary “Viksit Gujarat@2047” document during a seminar at Mahatma Mandir on the first day of the Vibrant Gujarat Global Summit 2024.

Gujarat takes a historic stride as the first state in India to introduce a comprehensive roadmap aligning with Prime Minister Narendra Modi’s vision for a “Viksit Bharat@2047.”

Chief Minister Patel showcased a detailed timeline outlining the industrial, economic, and social development of Gujarat until 2047.

The ambitious goals set for “Viksit Gujarat@2047” include achieving a Gross State Domestic Product (GSDP) of USD 3.5 trillion, elevating the per capita annual income to USD 38,000 to USD 40,000, and aiming for net zero emissions by 2047.

The state also aspires to boost women’s participation in employment to an impressive 75 percent and enhance the average life expectancy of citizens to 84 years through robust health infrastructure services.

During the unveiling, Chief Minister Patel emphasised the state’s commitment to contributing significantly to the nation’s growth.

Gujarat aims to raise its contribution to the country’s GDP from the existing eight and a half percent by achieving the USD 3.5 trillion GSDP target.

Praising Gujarat’s development model under Prime Minister Narendra Modi’s guidance, Chief Minister Patel highlighted the state’s leadership in start-up rankings, cargo handling, industrial output, and exports.

The “Viksit Gujarat@2047” vision document aligns seamlessly with Prime Minister Modi’s larger vision for a developed India by 2047.

Union Finance Minister Nirmala Sitharaman commended Gujarat’s role as the growth engine of the country, recognising the state’s pioneering efforts in various sectors.

She emphasised the crucial role of Niti Aayog in shaping policies and reiterated the significance of cooperative federalism.

The Finance Minister expressed confidence that Gujarat, with its 19 per cent contribution to the total gross value addition of the country, would play a leading role in achieving the goal of “Viksit Bharat@2047.”

She underscored the collaborative relationship between the central and state governments as essential for advancing the nation.

CEO of Niti Aayog, BVR Subrahmanyam, acknowledged Gujarat as the first state to craft such a visionary document.

Recognising Gujarat’s trendsetting role, he urged the implementation of the vision document through the establishment of a dedicated cell in the state.

The seminar aimed at generating innovative ideas and suggestions for the effective implementation of the “Viksit Gujarat@2047” roadmap.

Chief Secretary Raj Kumar discussed the comprehensive vision, focusing on fostering a healthier, more educated, sustainable, and secure society.

The “Viksit Gujarat@2047” vision document was meticulously prepared through consultations with various stakeholders, thinkers, and policymakers.

It is expected to serve as a guiding framework for the state government in formulating impactful policies and programmes, steering Gujarat towards a future of sustainable and inclusive development.

Bhupendra Patel as he reaffirmed the state’s commitment to becoming a hub for the semiconductor industry, which was proposed in 2022.

Launched by Prime Minister Narendra Modi in 2003, the Vibrant Gujarat Global Summit has evolved into a flagship event and is now celebrating its 10th edition.

Addressing the gathering, Chief Minister Patel emphasised the increasing role of technology in India, particularly in the semiconductor and electronic sectors.

He highlighted the state’s proactive approach to embracing advanced technologies like AI, shaping the trajectory of everyday life.

“In order to prepare for the future,” Chief Minister Patel stated, “Gujarat is proud to be the first state in India to announce plans for developing a semiconductor industry.”

He underlined the state’s dedication to fostering the semiconductor sector, citing the swift allocation of land to Micron in Sanand as a testament to Gujarat’s commitment.

Patel said, “We are committed to encouraging and promoting the semiconductor sector. Within a week, we allocated the land to Micron in Sanand and presented an example of this commitment. Under the leadership of the Prime Minister, Gujarat is ready to be the semiconductor hub of the country to make the semiconductor programme in India successful.”

The Chief Minister expressed Gujarat’s ambition to position itself as a leading centre for semiconductors, echoing the state’s successful track record in various industries.

Gujarat’s prowess in following effective policies was acknowledged during the summit, with a particular mention of Gujarat Pharma’s remarkable achievements in the petrochemical sector.

The state’s embrace of the self-reliance campaign was credited for making previously unattainable goals a reality, transforming India from a net importer to an exporter of smartphones.

As Gujarat continues to forge ahead in various industries, the announcement on semiconductor development underscores the state’s commitment to technological advancement and economic growth.

The summit remains a platform for fostering partnerships and showcasing Gujarat’s strides towards becoming a leader in the ever-evolving landscape of global business. (ANI)

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GIFT City Attracts Global Investors at Vibrant Gujarat Summit

The Education Centre of Australia has submitted an Expression of Interest to become an academic infrastructure service provider to foreign universities in GIFT City…reports Asian Lite News

GIFT City, which has expanded into a major international financial hub in India, has attracted a host of global investors. Many of them have made a beeline to mark their presence and to take the first movers’ advantage.

GIFT City is billed as a world-class business district envisaged and built to cater to global and domestic business enterprises. It aims to set an international benchmark for finance and technology hubs worldwide. During the ongoing Vibrant Gujarat Global Summit, the Abu Dhabi Investment Authority decided to set up a one-of-a-kind sovereign fund in GIFT City. APEX Group, one of the leading fund administrators, decided to set up their office in GIFT City as a fund administrator and fund accounting service provider. APEX Group would employ around 1,000 people over 3 years.

Mizuho Bank becomes the second Japanese Bank to set up IFSC Banking Unit in GIFT IFSC. Deakin University inaugurated its campus in GIFT City, which is India’s first campus of a foreign-based university. Chancellor and Vice Chancellor of Deakin University, Iain Martin inaugurated the campus. Prime Minister Narendra also held a one-on-one meeting with Deakin University VC.

The Education Centre of Australia has submitted an Expression of Interest to become an academic infrastructure service provider to foreign universities in GIFT City. This will bring leading foreign universities to GIFT City. Through the new education policy brought in in 2020, India has opened floodgates for foreign educational institutes to set up brick-and-mortar infrastructure. Further, Transworld Group has announced plans to set up ship leasing and aircraft leasing activities in GIFT IFSC. Transworld is one of the leading UEA-based groups.

Moreover, Accenture has shown a keen desire to establish its presence in GIFT City. Stonex Group intends to set up a bullion trading desk in GIFT City IFSC. As part of the Vibrant Gujarat Global Summit 2024, Prime Minister Narendra Modi participated in the Global Fintech Leadership Forum held at GIFT City on Wednesday, the first day of the summit. The forum saw the participation of the chairman and CEOs of 26 prominent fintech companies worldwide, including Mukesh Ambani, Sanjay Mehrotra, and Lakshmi Mittal. The Prime Minister received recommendations from leaders of fintech companies to elevate GIFT City to an international standard and position India as a leading fintech country. PM Modi attentively listened to all the industrialists for nearly three hours. Addressing the gathering, Prime Minister Narendra Modi highlighted the significance of bringing together top industrialists in finance and technology to explore innovative solutions for the digital economy. The Prime Minister said that it is interesting to see how fintech will have a transformative impact on the world, and extended an invitation to industrialists to invest in GIFT City, aligning with the vision of making India a global leader in the financial sector. Hasmukh Adhia, Chief Advisor to the Chief Minister of Gujarat, Bhupendra Patel and Chairman of GIFT City, provided insights into the purpose behind organising the Global FinTech Leadership Forum. The forum was moderated by renowned businessman Uday Kotak. On Wednesday, Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar.

The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organisations. The Summit is also being used as a platform by the Ministry of Development of the North-Eastern Region to showcase investment opportunities in the North-Eastern regions. (ANI)

ALSO READ- Vibrant Gujarat Summit Seals 26.3L Cr Deals

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Gujarat Powerhouse of India’s Development: German Envoy

Speaking at the Vibrant Gujarat Global Summit, German envoy Philipp Ackermann lauded Gujarat for its long tradition of international trade and its current position as a powerhouse of India’s development….reports Asian Lite News

With India’s place in the world changing rapidly, it has become a key player in world affairs as well as an engine of global economic growth, German Ambassador to India, Philipp Ackermann said on Wednesday.

Speaking at the Vibrant Gujarat Global Summit, he lauded Gujarat for its long tradition of international trade and its current position as a powerhouse of India’s development

In his address, Ackermann said, “Today’s Summit is testimony to the fact that India’s place in the world is undergoing rapid change. It has become both a key player in world affairs and an engine of global economic growth. During its remarkable G20 presidency, India has championed an inclusive multilateral agenda, which highlighted its convening power in the international arena”.

“Gujarat has a long tradition of international trade with its current position as a powerhouse of India’s development, for example in the field of renewable energies, to name but one,” he added.

Speaking on the Indo-German relations, he said that the strategic partnership between India and Germany is one of the success stories, as Berlin is New Delhi’s top trading partner in Europe at over 30 billion euros a year.

“More than 2,000 German companies have a permanent presence in India and are investing heavily. Record numbers of Indian students study at German universities. Many more are learning German in the hope of finding a job in Germany and enriching our people-to-people links,” the German envoy said.

He added, “Under the Green and Sustainable Development Partnership, Germany has budgeted a billion euros per year for cooperation projects with India in promoting urban mobility, renewable energies and environmental protection. Chancellor Scholz is personally committed to strengthening ties with India: he visited twice last year, and is keen to return this year”.

The German envoy further emphasized the scope of Indo-German cooperation in the field of building supply chains that are “weatherproof for the future”.

“This year 2024 will add further vigour to forging partnerships between our two countries. Among the highlights of next year will be the Asia Pacific Conference of German Business which will be held in Delhi in the autumn. It will be an outstanding opportunity to showcase the strength of the Indo-German strategic partnership, to bring new investment to India to drive forward our technology and innovation agenda,” he said.

The Asia Pacific Conference of German Business is a biannual event that brings together top-level executives and political leaders from Germany and all across Asia.

The Vibrant Gujarat Global Summit was initiated by Narendra Modi in 2003, then chief minister, to put Gujarat on the world map of trade and industry.

The tenth edition of the Summit is held from January 10-12 in Gandhinagar. (ANI)

‘MoUs Will benefit Not Just Gujarat’

Stating that the Vibrant Gujarat Global Summit should not be seen from a ‘state-specific’ perspective, Foreign Secretary Vinay Kwatra said that the MOUs signed in the summit have huge scope, and it will benefit not just Gujarat but the whole country.

He also emphasized the India-UAE relationship stating that New Delhi and Abu Dhabi are prime examples of landmark transformation between relationships.

Speaking on the MoUs signed, Kwatra said, “These are the very crucial elements of expanding the externalities of foreign trade, bringing administrative efficiency in foreign trade, bringing resilient supply chains, both within India and supply chain links between India and the rest of the economies. MoUs of this nature, irrespective of where they are signed or delivered, the scope of their benefits always accrue across the country”.

“It will naturally benefit Gujarat, but the whole country will gain out of it. These are the agreements of economic support and cooperation. The scope of its benefits is very large and it should not be seen from the state-specific perspective,” he added.

The Foreign Secretary said that PM Modi and UAE President Al Nahyan held extensive talks on all areas of bilateral cooperation after which four MOUs were signed between the two countries.

“The kind of grand welcome, the UAE President was accorded, he was the Chief Guest. He and Prime Minister Modi held extensive talks on all areas of bilateral cooperation, whereafter the four MOUs were exchanged…if you want to see landmark transformation between relationship between India and another country, I think India and UAE are prime examples,” Kwatra said.

He also emphasized the Memorandum of Understandings exchanged between India and UAE, ranging from the areas of health sector engagement, and renewable energy to food park development.

“Four MOUs signed with the UAE. One relates to the investment corporation in innovative healthcare projects. The very title of this particular MOU will clearly signify that the investment cooperation in this field will expand to include all areas of health sector engagement, particularly focusing on the innovation element of it,” Kwatra said.

He added, “Investment cooperation in the renewable energy sector is again wide-ranging MoU which covers renewable, including green hydrogen, including solar. Also, there is an inherent thought of possible grid connectivity between India and UAE in that space. Food Park Development is a project, which was first discussed under the I2U2 framework”. (ANI)

ALSO READ: VIBRANT GUJARAT: Focus on UAE

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I have good ties with Gujarat, says Toshihiro Suzuki

The meeting between President Toshihiro Suzuki and Prime Minister Narendra Modi signifies the importance of constructive dialogues between global corporate leaders and government officials…reports Asian Lite News

President of Suzuki Motors, Toshihiro Suzuki, conveyed his contentment after a meeting with Prime Minister Narendra Modi in Gandhinagar, Gujarat.

The discussion centred around a comprehensive project, and President Suzuki expressed pleasure with the response received from the Prime Minister.

“I reported the whole project. He had a very good response. I am happy”, stated President Toshihiro Suzuki, indicating a positive outcome of the discussions.

The contentment expressed by the Suzuki Motors President suggests a favorable reception of the project details presented to Prime Minister Modi during their meeting.

President Suzuki also emphasized his positive relationship with Gujarat, expressing a desire to further invest in the region.

His statement underscores the company’s confidence in Gujarat as an investment destination and highlights the potential for expanded collaborations between Suzuki Motors and the state.

“I have a good relationship with Gujarat. I would like to invest more,” President Suzuki affirmed, indicating a keen interest in strengthening the ties between Suzuki Motors and the vibrant state of Gujarat.

The meeting between President Toshihiro Suzuki and Prime Minister Narendra Modi signifies the importance of constructive dialogues between global corporate leaders and government officials.

It provides an opportunity to discuss investment plans, explore avenues for collaboration, and strengthen the overall business environment.

As Gujarat continues to attract investments and foster economic growth, collaborations with global automotive giants like Suzuki Motors contribute to the state’s position as a key player in the automotive sector.

The positive sentiments expressed by President Suzuki reflect a promising outlook for future partnerships and investments in Gujarat’s dynamic business landscape.

The Vibrant Gujarat Global Summit was started in 2003 under the leadership of PM Modi when he was the state chief minister. The tenth edition of the Vibrant Gujarat Global Summit is being held from 10 to 12 January 2024 in Gandhinagar, Gujarat. Its theme is ‘Gateway to the Future’.

The Vibrant Gujarat Global Summit provides a platform for diplomatic dialogues and discussions that could pave the way for enhanced cooperation between various countries and India. (ANI)

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HAL to showcase its products with thrust on indigenisation

HAL has identified over 100 critical items for indigenisation and will display some of them in the show, said CB Ananthakrishnan, CMD (Addl. Charge), HAL…reports Asian Lite News

Hindustan Aeronautics Limited (HAL) is all set to participate in the 10th edition of ‘Vibrant Gujarat Global Trade Show 2024. With the thrust on ‘Aatmanirbhar Bharat’, the defence manufacturer seeks to explore the capability of Indian industries through this event.

One of the major attractions at the HAL stall will be Su-30 MKI aircraft which has been modified indigenously for integration of air-to-ground BrahMos missiles manufactured in India. The missile weighs 2500 kg and has a range of nearly 300 kms, a release said on Monday.

HAL has to date manufactured 220 Su-30 MKI aircraft and has overhauled over 100 Su-30 MKI.

HAL’s Prachand Light Combat Helicopter (LCH) will be on static display during the Vibrant Gujarat summit. A Make-in-India product built with private participation, LCH is the only attack helicopter in the world that can land and take off at an altitude of 5000 m (16,400 ft) with a considerable load of weapons and fuel meeting the specific requirements of Indian Armed Forces.

HAL has identified over 100 critical items for indigenisation and will display some of them in the show, said CB Ananthakrishnan, CMD (Addl. Charge), HAL.

Besides, the scale models of Su-30, LCA, ALH WSI, HTT40 and Do-228, HAL stall will showcase core competencies and capabilities of Indian industries, opportunities in indigenisation of critical aerospace parts, aggregates, LRUs, materials, and consumables.

During the show, HAL will also focus on strategies for strengthening the aerospace ecosystem by interacting with the Indian industry to open the gateway for the future, the release added.

Six manufacturing Divisions of HAL- Aircraft Division Nashik, Engine Division Koraput, Accessories Division Hyderabad and Lucknow, Transport Aircraft Division, Kanpur and Engine Division Bengaluru are participating in the event. (ANI)

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