Toronto, Jul 22: The Vibrant Gujarat has many reasons to develop the city as Canada announces its partnership in the investment summit which is to take place next year.
The summit will focus on attracting foreign investment into the state. The Canadian high commission in New Delhi has written to Gujarat industry minister Saurabh Patel about the acceptance of the invitation to "be a partner country for Vibrant Gujarat 2011."
Many of the western countries like the US and Britain have avoided partnership with Gujarat after the Godhra riots in 2002. In fact, US had withdrawn visa of Chief Minister Narendra Modi in 2005 because of his alleged role in the riots.
The partnership between Canada and Gujarat was accepted with the opening of the Canadian trade office in Ahmedabad. The trade office was one of the three unveiled by Canada last year to deepen its trade ties with India.
The partnership decision comes within a year of the opening the Canadian trade office in Ahmedabad. The trade office was one of the three unveiled by Canada last year to deepen its trade ties with India.
"Canada has realised that Gujarat is a hub for business in India. It is a major thing for Gujarat and I am sure many Canadian companies will take advantage of the opportunities offered by the state in every sector - infrastructure, education, energy, transport, agro-food and health," Winnipeg-based Gujarati businessman Hemant Shah, who has played a major role in promoting trade ties between Canada and his native state, said.
Canada may become the top trade officials as well as major companies at the Vibrant Gujarat Summit Jan 12-13.
Bombardier, the supplier of Delhi Metro cars and global transport giant, and McCain Foods are the two major Canadian companies which have set up in Gujarat.
While Bombardier has set up a $45-million train factory at Savli near Baroda, McCain Foods has a facility near Gandhinagar to supply French fries and onion rings to all super stores.
"But with Canada joining Gujarat as a partner for the summit, I am sure other Canadian giants such as BlackBerry maker Research In Motion (RIM) will also set up shop in India's most industrialized and fastest growing state," said Shah.