"At the outset I would like to applaud the spirit of entrepreneurship of the people of Gujarat and the spirit of entire Gujarati diaspora...It is important to recognise the infrastructure and enabling enviornment put in place by Gujarat government," Mistry said.
Mistry said, "In Gujarat, we see a culture of implementation, reflecting the qualities of the chief minister...And our commitment in Gujarat goes beyond industrialisation and investment".
The new Tata Group chairman said the $100-billion group would continue to invest in the state. "We, as the Tata Group, will continue to invest in the state".
Tata Power, Tata Power, Tata Motors and Tata Consultancy Services have investments in Gujarat.
Mistry said he hopes to see continued certainty in policy implementation in the state under chief minister Narendra Modi.
Stating that the Tatas have improved the quality of lives wherever the group has invested, Mistry said, "We will continue to maintain with that strategy going forward as well".
"Our focus is to create long-term value creation and in this effort, I believe we will continue to get the support from the state and the chief minister as a true partner," he said.