The project will cost around Rs 1,000 crore. A 351-ft high stupa will be constructed at the site with 151-ft statue of Lord Buddha. Dev-ni-Mori is the fifth place in the world where Buddha's body relics have been found. The relics are kept in a gold-plated casket at the archaeology department in Vadodara.
Modi is looking forward for the big business with South-East Asian countries and foreign tourists from the Buddhist countries. Out of 22 countries which showed their interest in the project, Gujarat has shortlisted two from China, where Modi will be visiting next week.
Lord Buddha himself visited many places in Gujarat. Buddhism entered Gujarat during his time itself, which has been proved with the excavations of stupas and viharas.
Chinese traveller Huen Tsang has mentioned about several monasteries in the region.