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VGRC 2026: CM Bhupendra Patel Inaugurates Conference in Vadodara, Sets ₹10 Lakh Crore Investment Vision

Leaders including Deputy CM Harsh Sanghavi and Union Minister Manohar Lal Khattar highlight Central Gujarat’s industrial strength, global partnerships, and roadmap to transform the region into a manufacturing and innovation hub. 
Indian Masterminds Stories

Vadodara: The Fourth Edition of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat was inaugurated in Vadodara by Chief Minister Bhupendra Patel, marking a major step in strengthening Gujarat’s industrial growth, global investment outreach, and regional development strategy. The event was also attended by Deputy Chief Minister Harsh Sanghavi, Union Minister Manohar Lal Khattar, cabinet ministers, senior officials, diplomats, and industry leaders.

The Chief Minister urged investors and industrial leaders to transform discussions into decisions, ideas into projects, and projects into prosperity, aligning with Prime Minister Narendra Modi’s vision of a developed India.

Gujarat Positioned as Global Gateway Through PM Modi’s Vision

CM Bhupendra Patel credited Prime Minister Narendra Modi’s leadership and policy vision for India’s rapid progress across sectors including industry, infrastructure, and economy.

He stated that Gujarat has emerged as a “Global Gateway to the Future” by advancing the idea of balanced regional development through initiatives like VGRC. According to him, the state has successfully promoted “Vocal for Local” and “Local to Global” by showcasing district-level industrial strengths.

He also highlighted that Gujarat has evolved into a policy-driven investment destination, offering stability, infrastructure, and ease of doing business.

Read also: Gujarat CM Bhupendra Patel Inaugurates Shri Nitya-Shanti Bhavan in Ahmedabad, Pushes Education Drive 

VGRC as a Platform for Global Investment and Industrial Growth

The Chief Minister emphasized that VGRC is not just an investment summit but a platform connecting local industries with global opportunities.

Key highlights include:

  • Previous VGRC editions generated 9,499 MoUs worth ₹13.30 lakh crore
  • Focus on transforming Central Gujarat into a manufacturing and innovation hub
  • Coverage of 10 districts including Vadodara, Anand, Kheda, Panchmahal, Chhota Udepur, and Dahod

He called upon industry leaders to help convert MoUs into real industrial projects that generate employment and economic growth.

Central Gujarat: Emerging Industrial Powerhouse

CM Patel described Central Gujarat as the “heart of Gujarat’s development”, contributing significantly to multiple sectors:

  • Automobile and auto components
  • Pharmaceuticals
  • Engineering and manufacturing
  • Agri-food processing
  • MSME sector

He highlighted key regional strengths:

  • Vadodara emerging in petrochemicals, EV equipment, and aerospace (including Tata Airbus C-295 project)
  • Anand known globally as the “Milk Capital of India” through Amul
  • Kheda developing as a hub for food processing and MSMEs

Central Gujarat currently contributes a major share to Gujarat’s industrial output and exports.

Union Minister Highlights Power and Infrastructure Strength

Union Minister Manohar Lal Khattar underlined the importance of Gujarat’s strong infrastructure ecosystem, especially in power supply and industrial planning.

Key points:

  • India met peak power demand of 271 GW, with capacity prepared up to 300 GW
  • Gujarat is a power-surplus and renewable energy leader
  • Over 50 GW renewable energy capacity installed in Gujarat
  • Strong infrastructure supports EVs, data centres, and AI-driven industries

He also emphasized that Gujarat’s governance model reflects a strong partnership between government and industry.

Deputy CM Harsh Sanghavi: VGRC Now a Symbol of Global Partnerships

Deputy Chief Minister Harsh Sanghavi said VGRC has evolved beyond an investment event into a symbol of global collaboration and innovation.

He highlighted Central Gujarat’s economic strength:

  • Contributes 28% of Gujarat’s manufacturing output
  • Exports worth $20.5 billion (2025–26)
  • Over 65 GIDC industrial estates with 24,000+ active plots
  • Leads Gujarat in auto manufacturing (92%), beverages (70%), and pharma & electrical equipment (63%)

He also announced the Central Gujarat Economic Master Plan (20-year roadmap) to accelerate regional development.

Industrial Policy 2026: New Investment Push for Gujarat

The government announced the Viksit Gujarat Industrial Policy 2026, aiming to attract large-scale investments and support innovation-driven growth.

Key features:

  • Target: ₹10 lakh crore investment in 5 years
  • MSME and startup incentives
  • Women entrepreneur support system with interest subsidy and rental assistance
  • Special benefits for mega and ultra-mega projects
  • EPF reimbursement for companies hiring persons with disabilities

The policy also introduces a “Choose Your Incentives” model, allowing industries to select tailored benefits.

Women Empowerment and Inclusive Growth Focus

The policy places strong emphasis on women-led development:

  • 1% additional interest subsidy for women entrepreneurs
  • Skill refresher programs for women returning to work
  • 75% rental assistance for up to 5 years

Officials described this as a major step toward inclusive industrial growth in Gujarat.

Ease of Doing Business and Governance Reforms

The state highlighted major improvements in governance efficiency:

  • 55% increase in incentive disbursement over two years
  • ₹7,888 crore incentives distributed
  • 41% reduction in documentation requirements
  • 95% reduction in pending files
  • Around 392 applications processed daily

These reforms aim to make Gujarat one of the fastest and most transparent investment destinations in India.

Vision for Viksit Gujarat @2047

Leaders at the conference reiterated that Gujarat’s growth strategy is aligned with Viksit Bharat @2047.

Key focus areas include:

  • Green manufacturing
  • Digital economy
  • Industrial expansion
  • Global supply chain leadership
  • Innovation-driven development

Deputy CM Sanghavi called upon investors, startups, and entrepreneurs to convert opportunities into real economic growth.

Gujarat Strengthens Position as Global Investment Hub

The Vibrant Gujarat Regional Conference 2026 in Vadodara reinforced the state’s position as a leading global investment destination. With strong policy support, industrial infrastructure, and a clear long-term vision, Central Gujarat is being positioned as a major driver of India’s manufacturing, innovation, and export growth.

The conference concluded with a strong message of collaboration between government and industry to build a prosperous and future-ready Gujarat.

Read also: CM Bhupendra Patel Orders Time-Bound Resolution of Grievances at District Level During SWAGAT Programme


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