VIBRANT SUMMIT-2013 DETAILS FOR EVENTS

More than the effective use of IT, it was the Gujarati’s warm welcome/hospitality and enthusiasm/pride about the summit which impressed a lot. While in taxi towards hotel, once the driver knew that I am participating in the summit, I could feel his hospitality and confidence in the Gujarat. Whether it was my hotel staff or the taxi drivers or the govt. officials (especially the police on stretched hour duty) or the local business man or the common Gujarati, I could feel the affection for the outsiders and confidence in Gujarat inside every one of the Gujaratis.
The event attracted more than 1000 people, optimistic and energetic, across the globe. Though the average investment (= total investment / total proposals) was lower than the last VG-11, but knowing the economic mood across the globe during 2011 and 2013, it is a phenomenon success. But success of the event must not be measured in terms of investments only. There must be at-least 2 more great outcomes: Sending a positive message to the global economy from Gujarat being the epicenter and building seer confidence in SMEs from Gujarat. It was prevalent to see small companies, even of staff size of 4, were so confident to meet/present their business to big corporate/govt. without a hitch

LAUNCH OF GIFT TOWER-1 AT GIFT CITY AT GANDHINAGER


Gujarat International Finance Tech-City or GIFT is an under-construction city in the Indian state of Gujarat. It will be built on 986 acres (3.99 km2) of land. Its main purpose is to provide high quality physical infrastructure (electricity, water, gas, district cooling, roads, telecoms and broadband), so that finance and tech firms can relocate their operations there from Mumbai, Bangalore, Gurgaon etc. where infrastructure is either inadequate or very expensive.[3] It will have a special economic zone (SEZ), international education zone, integrated townships, an entertainment zone, hotels, a convention center, an international techno park, Software Technology Parks of India (STPI) units, shopping malls, stock exchanges and service units.

To develop and implement the Project, Government of Gujarat (GOG) through its undertaking Gujarat Urban Development Company Limited (GUDCOL) and Infrastructure Leasing & Financial Services (IL&FS) have established a Joint Venture Company, “Gujarat International Finance Tec-City Company Limited” (GIFTCL).

GIFTCL proposes to implement GIFT as a globally benchmarked International Finance City with an eventual built on area of 85,000,000 sq ft (7,900,000 m2). The company plans to develop, finance, implement all infrastructure in and around GIFT on a turnkey basis to ensure that all conceivable services in relation to connectivity, communication, technology, security, services for quality of life etc. are established and sustained.

Currently, two commercial towers, each of 29 floors each are under construction. They will be completed in December 2012 and January 2013, respectively, while the work on a third residential tower of 33 floors will start soon.