Vibrant Gujarat: Global Investors' Summit 2003 was organized during the Navratri festival.
The Industrial Extension Bureau acted as a nodal agency for the State Government during Vibrant Gujarat: Global Investors Summit (28 September to 2 October 2003) organized at the two major commercial cities of the State–Ahmedabad and Surat in association with the Government of India, United Nations Industrial Development Organization (UNIDO), Federation of Indian Chambers of Commerce & Industry (FICCI) & CII.
The conventions during the programme had sectoral sessions focus sector - Industrial Investment, Agro-Processing, Biotech- Pharma, Natural Gas and Oil, Infrastructure, Mining, Tourism, Apparels and Gems-Jewellery at Ahmedabad and sectoral sessions on Garment & Textiles and Gems & Jewellery at surat . There were also exhibitions in above sectors at respective places in Ahmedabad and Surat to provide a platform for showcasing products and services. One-to-one discussions between the prospective investors, government officials and the project promoters took place.
176 project proposals were compiled and were then scrutinized for their viability. Internationally reputed credit rating agencies like CRISIL and CARE lend their support as the financial advisors to these projects. Leading private and public sector banks of India like ICICI, IDBI, State Bank of India, Bank of Baroda, State Bank of Saurashtra, Corporation Bank, IDFC and NABARD have extended their support for financing these projects. CRISIL also worked with iNDEXTb in structuring these projects.
The Deputy Prime Minister of India, Lal Krishna Advani inaugurated Vibrant Gujarat: Global Investors’ Summit 2003 on 28 September 2003.[2] Narendra Modi, Chief Minister, Arun Shourie, Ram Naik, Mukesh Ambani, and A C Muthaih were the other dignitaries present on the dais. Various sessions during the programme were chaired by other ministers from the Union and State Government.