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Modi made the comment while lashing out at the Congress for its criticism of the Rs 1.1 lakh crore project -- which he said was "a negligible price" -- connecting Ahmedabad and Mumbai and to be built by Japan.
He said the Congress government too wanted the project but failed to get it and so was now opposing it.
"Imagine how much employment will it generate for the region, for Bharuch. I ask you where will the cement for the bullet train (infrastructure) come from, iron come from, labourers come from? Won't that be from India? And who will be buying that? Japan. Isn't it a big deal?" Modi asked.
He said the UPA government under Manmohan Singh also wanted the project but could not get it. "The NDA government got it at a negligible price. So the Congress didn't like that. My only grievance against the Congress is that if they could not achieve anything, why does it pain them when someone else does it."
Modi took a jibe at the Nehru-Gandhi family over what he said their claim to have Gujarati origins and doing nothing for the state.
"What good did they do to Gujarat? Did they even think about project like Roll on, Roll off ferry service? Over the years, the Congress has created divisions between villages and cities, states, between people, between the educated and the uneducated, caste, communities.
"But since the BJP formed the government in the Center, all these ailments have gone. When I was the Chief Minister, there was not a single day when they would not hurt Gujarat."
He said the mega project of the Statue of Unity to install the world's tallest statue of Sardar Vallabhbhai Patel will also contribute to the development of the region and attract foreign visitors.
The Prime Minister said the government planned to develop some 1,300 small islands and islets around the marine border of the state, many of which are even bigger than Singapore.
The Prime Minister is on a two-day visit to the state. On Monday, he will visit Dharmapur in Valsad district and then in Saurashtra's Bhavnagar, Junagadh and Jamnagar.