Giving clear indications that the upcoming Vibrant Gujarat Global Investors Summit 2009 will not revolve around just Memoranda of Understanding (MoU)s and investment figures, chief minister Narendra Modi said the summit, which saw a pledged investment of Rs 4.66 lakh crore in 2007, will focus on employment generation and Human Development Index (HDI).
Modi, in an exclusive interview to Business Standard, said next year's summit will be high on employment generation.
"We have created a situation where we do not need to market Gujarat as an investment destination. We have put the state in an auto-pilot mode when it comes to attracting investments. American Consulate has been directing investors to Gujarat. We have created this benchmark for the state. This time it will be HDI and employment," he said.
The previous three VGGIS held in 2003, 2005 and 2007 have seen MoUs worth Rs 6.34 lakh crore. "Our focus now is to generate employment. This cannot be done without investment inflow. But we want to implement the projects where MoUs have been signed till date. Also, we want to create social infrastructure to cope up with the investment inflow," he said.
The government has focused on creating social infrastructure
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