Prime Minister Narendra Modi on Sunday positioned India as a beacon of stability and a predictable destination for global capital, contrasting the nation's steady progress against a backdrop of worldwide economic uncertainty. He inaugurated the Vibrant Gujarat Regional Conference (VGRC) for the Saurashtra and Kutch region in Rajkot, where he addressed a gathering of investors and officials.
An Era of Unprecedented Certainty in India
Addressing the conference, the Prime Minister underscored a powerful narrative. "Amidst great global uncertainty, we are witnessing an era of unprecedented certainty in India," Modi stated, as per PTI reports. He attributed this confidence to the twin pillars of political stability and policy continuity, which he argued provide a solid foundation for long-term investments.
Modi highlighted India's macroeconomic credentials, noting it is the world's fastest-growing large economy and is on a steady path to becoming the third-largest globally. He emphasized that the world's expectations from India are rising, with Gujarat playing a pivotal role in the country's rapid advancement.
Saurashtra and Kutch: The New Growth Anchors
The Prime Minister made a specific pitch for the Saurashtra and Kutch regions, describing them as emerging engines for India's self-reliance mission. "Saurashtra and Kutch have a huge role to play in making India a global manufacturing hub," he said, adding that their market-driven potential should instill great confidence in investors.
He cited several examples of the region's industrial prowess:
- Alang in Bhavnagar is the world's largest ship-breaking yard.
- Morbi district dominates global ceramic tile manufacturing.
- The Dholera Special Investment Region is emerging as a hub for modern manufacturing.
In a significant announcement, Modi revealed that India's first semiconductor fabrication facility is being set up in Dholera, offering early-mover advantages in future technologies. "The infrastructure is ready, the policy is predictable, and the vision is long-term," he assured potential investors.
Showcasing India's Reform-Driven Transformation
Modi outlined the drivers of India's growth story, pointing to an expanding middle class and rising purchasing power. He said the nation's progress revolves around the mantra of 'Reform, Perform, and Transform'. The Prime Minister listed key sectoral achievements to bolster his case:
India is the largest consumer of mobile data globally. The Unified Payments Interface (UPI) has become the world's top real-time digital transaction platform. The country ranks among the top three in both solar power generation and the scale of its metro rail networks.
"This is the time, and it's also the right time for every investor in the country and the world to take advantage of these opportunities," Modi concluded, issuing a clear call to action.
Major Business Engagement at Rajkot Trade Show
Ahead of the conference, Modi inaugurated a large trade show at Marwadi University in Rajkot. The event has drawn significant international interest. Officials stated that more than 1,500 memoranda of understanding (MoUs) are expected to be signed with over 110 international buyers from 16 countries, including the United States and several European nations.
Furthermore, over 1,800 business meetings have been scheduled during the accompanying Reverse Buyer Seller Meet. The exhibition, spread across 26,000 square metres, features participation from leading corporates like Torrent Power, Adani Green, Essar Group, Nayara Energy, and Jyoti CNC.
More than 400 exhibitors from diverse sectors—including agro and food processing, fisheries, defence, energy, petrochemicals, engineering, and ports & logistics—are showcasing their potential at the trade show, signaling broad-based industrial and economic activity in the region.
