Gujarat Chief Minister Bhupendra Patel has reiterated his government’s goal to elevate the state’s economy to USD 3.5 trillion by 2047, contributing to India’s broader target of becoming a developed nation under the Viksit Bharat vision. Speaking at FICCI’s National Executive Committee Meeting (NECM), the honourable CM emphasised Gujarat’s pro-industry policies and strategic initiatives designed to attract investments and drive sustainable economic growth.
“Under PM Modi’s visionary leadership, India is on course to become the third-largest global economy, with transformative initiatives like Make in India, Digital India, and Skill India paving the way for accelerated progress. Gujarat has thrived under his guidance for 23 years, evolving into a growth engine by transforming challenges into opportunities,” Patel remarked.
Highlighting Gujarat’s central role in achieving Prime Minister Narendra Modi’s Viksit Bharat mission, Patel presented the state’s roadmap for Viksit Gujarat, aimed at contributing substantially to India’s development goals by 2047.
He engaged with business leaders to discuss the state’s economic strategies, pointing to Gujarat’s leadership in foreign direct investment and its status as a premier investment destination. Patel spotlighted significant investments in semiconductors, green hydrogen, and renewable energy.
“The blueprint for Viksit Gujarat by 2047 is ready, aiming to propel Gujarat’s economy to USD 3.5 trillion. FICCI acts as a vital catalyst for economic progress, and I am confident of its pivotal role in this journey towards a developed India,” Patel added.
FICCI President Anish Shah lauded Gujarat’s economic leadership, noting, “Gujarat, with just 5% of India’s population, accounts for 8% of national exports, 30% of merchandise exports, and 40% of maritime cargo. Its sustained 12% annual growth rate is remarkable. As we target a $32 trillion Viksit Bharat by 2047, Gujarat’s infrastructure makes it a crucial trade gateway. FICCI remains committed to supporting Gujarat’s emergence as a USD 1 trillion economy.”
Harsha Vardhan Agarwal, Senior Vice President of FICCI, expressed appreciation for the state government’s forward-thinking vision, emphasizing FICCI’s eagerness to strengthen its collaboration with Gujarat.
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Rajiv Gandhi, Chair of FICCI’s Gujarat State Council and CEO & MD of Hester Biosciences, praised Gujarat as a “beacon of industrial progress.” He highlighted the synergy between government policies and industrial growth, emphasizing the state’s impact on national development and livelihood improvement as envisioned by PM Modi. During the meeting, Harsha Vardhan Agarwal was announced as the president-elect of FICCI. The NECM gathered prominent industry leaders and stakeholders to discuss strategies for overcoming industry challenges, seizing economic opportunities, and solidifying Gujarat’s role in India’s growth story.
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