Gandhinagar: The US-India Strategic Partnership Forum (USISPF) has declared its participation as a key collaborator at the Vibrant Gujarat Global Summit 2024, leading a delegation representing more than 35 prominent American Fortune companies. These entities express their commitment to expanding investments in the state of Gujarat, according to USISPF.
In an official statement, the forum announced, “USISPF is privileged to guide a delegation comprising over 35 Fortune American companies, including notable names like Salesforce, Abbott, Blackstone, HSBC, UPS, Micron, Cisco, SHRM, and others.”
The primary focus areas for investment include capitalizing on India’s growing momentum in the high-tech manufacturing sector, particularly in semiconductors and chip manufacturing. Additionally, these companies aim to contribute to critical sectors such as energy transition, chemicals, industrial manufacturing, aerospace, and defense.
The delegation is actively exploring opportunities to enhance the economic landscape of Gujarat International Finance Tec-City (GIFT City), a flagship project of the state. Leading the delegation is Lal Karsanbhai, President and CEO of Emerson, with Mukesh Aghi, President and CEO of USISPF, serving as the co-leader.
Mukesh Aghi expressed, “It’s a pleasure to return to Gujarat, and we are honored, as USISPF, to guide an American delegation to invest and participate in the development of Gujarat, a state known for its robust entrepreneurial spirit.”
The Vibrant Gujarat Summit, an esteemed initiative by the Government of Gujarat, serves as an investor summit. The tenth edition of the Vibrant Gujarat Global Summit is scheduled to take place from January 10th to 12th, 2024.
Emphasizing the developmental and socio-economic growth in the western Indian state, the summit symbolizes India’s entrepreneurial resilience and proactive attitude. Despite global challenges, India currently stands as the world’s fifth-largest economy and the fastest-growing major economy, fostering optimism among investors amid efforts to diversify supply chains.