Nikhil Kamath Joins Visionaries at Vibrant Gujarat 2024: Entrepreneurship Takes Center Stage

In a resounding testament to India’s prominence on the global stage, the 10th edition of the Vibrant Gujarat Global Summit commenced in Gandhinagar on January 10, 2024. Prime Minister Narendra Modi, addressing the gathering, highlighted India’s role as a pillar of stability, a reliable friend, and a catalyst for global development. The summit, themed ‘Gateway to the Future,’ witnessed the presence of world leaders, business tycoons, and influential personalities, further solidifying Gujarat’s reputation as an economic powerhouse.

The chief guest for the occasion was UAE President Sheikh Mohamed bin Zayed Al Nahyan, accompanied by dignitaries such as Mozambique President Filipe Nyusi, Czech Republic Prime Minister Petr Fiala, and Vietnam Deputy Prime Minister Tran Luu Quang. The summit, attended by 35 partner countries and 16 partner organizations, aims to foster international collaboration and position India as a global leader in economic and technological advancements.

The Vibrant Gujarat Global Summit 2024 witnessed significant investment pledges from some of India’s leading business magnates. Gautam Adani, chairman of the Adani Group, declared an investment of ₹2 lakh crore in Gujarat over the next five years, projecting the creation of around 1 lakh jobs in the state. Mukesh Ambani, chairman of Reliance Industries, discussed the conglomerate’s future in the state and confirmed India’s bid for the 2036 Olympics, pledging support for related developmental projects.

Lakshmi Mittal, chairman of ArcelorMittal, made a groundbreaking announcement during the summit. The company is set to construct the world’s largest steel manufacturing factory at Hazira in Gujarat by 2029, with an impressive capacity of 24 million tonnes per annum.

Nikhil Kamath’s Perspective on Entrepreneurship:

Along with other prominent figures at the summit, Nikhil Kamath, co-founder of Zerodha, addressed the audience. Kamath discussed the remarkable transformation of India’s entrepreneurship culture over the past decade, emphasizing the active role that individuals, like himself, play in fostering innovation and growth. He stated, “The last 10 years have been incredible, and I’m not the only exception here in India. The big change in India from the last decade has been that entrepreneurship has moved from something aspirational to something we are actively pursuing.”

The Vibrant Gujarat Global Summit 2024 stands as a testament to India’s economic prowess and its commitment to fostering global partnerships. With world leaders, influential business figures, and discussions on significant investments, the summit serves as a platform for shaping the future of Gujarat and India as a whole. As the event comes to an end today, the world eagerly watches the outcomes, anticipating the positive impact on the nation’s growth trajectory and the global economy.