Xiaomi’s Global Head to attend Vibrant Gujarat Summit …

Vibrant Gujarat Global Investors Summit (VGGIS), 2015, is a three day summit aimed to pool Industrialists, Businessmen, Investors, Entrepreneurs and Government under a single roof. As a part of this summit a “Global CEO conclave” is scheduled to be held at the Pandit Deen Dayal Petroleum University, Gandhinagar, Gujarat on 11th January. This three day summit will be inaugurated by Prime Minister of India, Mr. Narendra Modi on 11 January itself, Business and Industry delegates of 121 different countries are expected to attend this Summit.

Huggo Barra, The head of Global Operations of Chinese mobile maker Xiaomi, is one of the 33 CEOs who will attend this “Global CEO Conclave.” Huggo Barra is the Ex Google executive and was the face of Android into those Initial years. Xiaomi was recently in news, when Delhi court put restrictions on selling a certain type of Mobile Handsets of Xiaomi, in India due to a patent infringement case. Still, company has recently launched its RedMi Note 4G version and is set to release RedMi Note 2 by the end of January this year in India.

India is being seen as an emerging market for manufacturers as it already has the required buyers,
Supposedly. Vibrant Gujarat Summit, will see many firms from USA, UK, Australia, Russia, Japan, Qatar, Taiwan, Malaysia, Singapore, Denmark and many other countries. The summit has been greatly projected as a venue where the government has prepared to showcase the potential of Gujarat in terms of Talent and Eligibility. 

Prominent leaders, who are going to attend the “Global CEO Conclave” are, World Bank President Jim Yong Kim, CEO of Vodafone Group Vittoio Colao, Global VP of Intel Corporation John Davies, Group Vice President of Ford Motors David Schoch, CEO of RasGas, Chairman & CEO of Suzuki Motor Corporation and Many others.

Vibrant Gujarat Summit is an initiative by the state Government to lure the Investors and Industrialists around the world and invite them to “pool in their money” in Gujarat & India. This has been seen closely in relation with government’s Make In India campaign. Vibrant summit will tell stories of Small Firms of India, that how they managed to become a National OR Global producers and exporters, starting from a “One room Factory”.

“There are two objectives. One, to encourage small and medium enterprises, to tell them the details of evolution of manufacturing units. Second, to fetch fund and technology from visiting foreign industry leaders for the local industries.”

This will be the 7th edition of this summit, which was started in 2003 by Mr. Modi himself. Modi Government at the Central as well has been talking about Development, Good Governance and Policy Reforms on daily basis. Allowing FDI in Insurance and very recently, easing the Land Acquisition Bill, weakening the norms of Land Acquisition, evidently shows government soul moto to boost the Manufacturing and Infrastructure sector. Reportedly government has reduced a hefty amount of 15,000 crore from the Rural Development schemes, and using the same in various Infrastructure development projects.

Balaji Wafers Pvt. Ltd., which from one small shop of Wafers and Sandwich in a crowded chowk, has turned into a major producer of wafers and other snacks as well and are exporting outside Gujarat as well. The story of “Chakkado” auto makers, Exporter and Manufacturer of textile chemicals Harsha Engineers Ltd. And Tiles manufacturers and exporters, Asia Granito, are among the 9 companies that have been chosen to be showcased to various leaders.

The steps taken by the government are no doubt a clear indication of its Policies and vision. The development and success of this summit clearly shows that Why Gujarat is among the very few states in India that have a high growth rate. Globalization has always been the key to development and Government’s agenda to bring Global Leaders into the country and showcase our talents and projects indeed is a good step forward.

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