Foreign investors were threatened ‘don't go to…': PM Modi at Vibrant Gujarat celebration

Sep 27, 2023 12:37 PM IST

Central ministers used to stay away from Vibrant Gujarat summit, PM Modi said. “Pata nahi peeche se danda chalta tha,” PM Modi added.

Prime Minister Narendra Modi on Wednesday recalled the journey of the 20 years of the Vibrant Gujarat Global Summit and said the central government at that time did not extend any cooperation. Instead, the central ministers refused to attend the event and foreign investors were threatened to not invest in Gujarat. “But still, investors came and there was no incentive for them. They came only because of good governance, fair governance, equal distribution of growth and transparent government,” PM Modi said accusing the erstwhile central government of seeing Gujarat's progress through prisms of politics. “The central ministers used to tell me that they would definitely come. Pata nahi peeche se danda chalta tha, vo mana kar dete the. They never cooperated, they used to create roadblocks,” PM Modi said.

PM Modi speaking at the 20 years' celebration of Vibrant Gujarat Global Summit on Wednesday.
PM Modi speaking at the 20 years' celebration of Vibrant Gujarat Global Summit on Wednesday.

“I remember in 2009 everyone asked me to not hold Vibrant Gujarat because there was a global slowdown. But I refused. At worst, the summit would not be successful. There should not be any disruption in the practice,” PM Modi said. Vibrant Gujarat was never limited to Gujarat, but all states were invited, PM Modi said adding that Gujarat was being developed with a national vision. "Gujarat was always known as a traders' state. But in the 21st century, Gujarat became an agricultural, financial, industrial and manufacturing hub when the state also strengthened its trade," PM Modi said.

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Vibrant Gujarat, a summit of investors, was started in 2003 by Narendra Modi, then chief minister of the state. This year marks the 20th year of the business summit and PM Modi on Wednesday inaugurated the celebration of that. The 10th edition of the Vibrant Gujarat Global Summit, which will be held in Gandhinagar between January 10 and 12 next year on the theme of 'Gateway to the Future'.

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