Gujarat ‘role model state’ for investment: US biz forum

Published By : Admin | January 8, 2011 | 06:06 IST
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Gujarat and Karnataka are the ‘role models’ of a competent and transparent government and a progressive leadership that can attract investors in the coming years, a leading US business forum representative has said.

“Competent, transparent, and progressive leadership are key attributes that will attract investors. Karnataka and Gujarat are two states that exemplify such progressive leadership,” Ron Somers, president, US India Business Council, said before leaving for India.

“There is a reason why Essar, Torrent, Reliance, Shell, Tata, Adani and some many others are thriving in Gujarat. Effective governance and administration, business- friendly policies, superior core knowledge infrastructure and an entrepreneurial culture combine to make Gujarat the premier business destination in India,”

he said. During his week-long trip to India beginning Friday, Somers would be travelling to Karnataka and Gujarat, which he believes should be the “role model” for other states for attracting investors and converting themselves into a business friendly destination.

“In 2011, USIBC (US India Business Council) will feature such exemplary leadership in hopes of attracting investments to well-governed states, while spurring other states to become more business friendly,” Somers said, adding “There is a reason Bangalore is the Silicon Valley of India, he said.

Somers said he was looking forward to meet the Karnataka Chief Minister Y S Yadiruppa and the Gujarat Chief Minister Narendra Modi.

Source: AhmedabadMirror

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