Anil Ambani calls Modi a 'king among kings'

The speakers including Godrej, Anand Mahindra, Anil Ambani, Gautam Adani and foreign diplomats praised the leadership of Chief Minister Narendra Modi.

GANDHINAGAR: Narendra Modi was applauded by India Inc for turning Gujarat into an investor-friendly economic powerhouse at Vibrant Gujarat summit that began today.

The sixth Vibrant Gujarat Investors Summit saw top industry stalwarts including Tata Group retired chairman Ratan Tata, Ambani brothers, Adi Godrej and Anand Mahindra.

The event was inaugurated in the morning in the presence of industry leaders along with a number of foreign diplomats including Britain high commissioner, US consul general and over 1500 foreign delegates coming from over 80 countries.

The speakers including Godrej, Anand Mahindra, Anil Ambani, Gautam Adani and foreign diplomats praised the entrepreneurial spirit of Gujarati community and leadership of Chief Minister Narendra Modi, who waste entry elected for the third time in the assembly polls in December 2012.

Reliance Industries Chairman Mukesh Ambani lavished rich praise on Modi.

He said: "In Narendra Bhai, we have a leader with a grand vision."

Ambani also announced a Rs 500-crore university that will be set up in collaboration with the Gujarat Government.

His younger brother, Anil, described Modi as "a king among kings."

He further added: "Narendra Bhai has the Arjuna-like clarity of vision and purpose."

He said Modi's skills have "acted as a huge magnet for investors and entrepreneurs from India and across the world in the past decade."

The Vibrant Gujarat Summit (VGS) 2013 is being held at Mahatma Mandir in Gandhinagar.

Around 50,000 delegates from India and 1,800 others from 105 countries are said to be participating in it.

There will also be meetings between businesses and government representatives on Sunday.

However, according to sources, Modi and India Inc. are unlikely to make major investment proposals during the summit.

Since the last summit, the state government has shifted focus from inviting investment commitments to forging knowledge-based strategic partnerships.

Since 2011, Modi has said that the government has started emphasising the need for youth development, increasing of skills and creating job opportunities, creating more women entrepreneurs and giving a boost to sunrise sectors such as green energy.

In the seven years through March 2011, Gujarat's economy grew at an annual rate of 10.08 per cent at constant prices, against 6.45 per cent in the eight years through March 2002. (Agencies)

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