The 2017 Vibrant Gujarat Global Summit inaugural ceremony on Tuesday looked like a shadow of its own past glory as the trademark big-ticket investment promises were missing.
Several chief executive officers attending the summit praised Prime Minister Narendra Modi's "dynamic and visionary leadership" over the past two and a half years.
The PM's speech, which was at least a quarter of an hour shorter than last year's, showcased India's growth story. "Despite the global slowdown, we have registered excellent growth. India is a bright spot in the global economy." The World Bank, the International Monetary Fund and other institutions have projected even better growth in the coming days, he added.
Listing out India's global rankings on various indicators, Modi said, "Creating an enabling environment for business, and attracting investments, is my top priority."
Modi was called a transformational leader by many, including Executive Chairman of Cisco John Chambers and Chief Executive Officer of Fairfax Canada Prem Watsa. Calling Modi the Lee Kuan Yew of India, Watsa said the Prime Minister can transform the country. The late Singaporean leader was the city-state's first Prime Minister and is credited with transforming Singapore into a developed nation in a span of 25 years. (Read More)
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