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CM inaugurates Global Trade Fair 2013!

Published By : Admin | January 8, 2013 | 18:15 IST

Shri Narendra Modi inaugurates Global Trade Fair 2013 

Spread across 1 lakh square meters, the fair will see participation by over 1000 companies. Over 25,000 products will be on display. There are 13 domes, 14 exclusive pavilions and over 1000 stalls 

Shri Modi invites people to participate in the Kumbh Mela of development taking place on the banks of the Sabarmati 

Efforts of this trade fair not only restricted to promote trade but also to have a positive effect on future generations: Shri Modi 

When a thought is institutionalized, its credibility is built. From 2003 we evolved the concept of this summit. We started with a small exhibition at the Sanskar Kendra of Ahmedabad’s Tagore Hall and seeing the entire exhibition took 15 minutes. See today we have reached from where to where: Shri Modi 

The initiatives of Gujarat are not restricted to our state only. Many states are doing similar things to attract investment. Our efforts have become a trend setter in this regard: CM 

This platform offers a unique opportunity (to various stakeholders) not only to showcase their innovations, products and services to a large gathering of Indian and global delegates but also allows to have meaningful business-to-business interactions resulting in serious business and trade opportunities: Shri Modi 

Gujarat Government got a request for a special stall for women and the Government has made special arrangements to give a strong boost to women entrepreneurs: Shri Modi

 

On the afternoon of Tuesday 8th January 2013 Shri Narendra Modi inaugurated the Vibrant Gujarat 2013 Global Trade Fair. Spread across 1 lakh square meters, the trade fair will see participation by over 1000 companies and over 25,000 products will be on display. There are 13 domes, 14 exclusive pavilions and over 1000 stalls. Shri Modi invited the people to join the Kumbh Mela of development that is taking place on the banks of the Sabarmati. He also stated that the efforts behind the trade fair are not only restricted to promote trade but also to have a positive effect on the future generations. The Chief Minister said that event that we were all waiting for, the Vibrant Gujarat Summit has arrived. Shri Modi pointed, “When a thought is institutionalized, its credibility is built. From 2003 we evolved the concept of this summit. We started with a small exhibition at the Sanskar Kendra of Ahmedabad’s Tagore Hall and seeing the entire exhibition took 15 minutes. See today we have reached from where to where.”He further said, “Earlier when we inaugurated trade fairs barely 300 people came. Now there are so many people. This is a big thing.” He expressed confidence that a large number of people would visit the trade fair.

Shri Modi recalled that there was a time when trade fairs were restricted to Delhi but pointed that now slowly this is shifting to the states. Talking about the initiatives taken by Gujarat, Shri Modi affirmed, “The initiatives of Gujarat are not restricted to our state only. Many states are doing similar things to attract investment. Our efforts have become a trend setter in this regard.” He said, “The Global Trade Show is an integral component of Vibrant Gujarat Summit. This platform offers a unique opportunity to corporate houses, institutions and industrial giants not only to showcase their innovations, products and services to a large gathering of Indian and global summit delegates but also allows to have meaningful business-to-business interactions resulting in serious business and trade opportunities. It is an excellent platform for Youth & Student to acquire knowledge.”

He shared that trade fair such as this are very different from seeing only brochures etc. He stated that trade fairs provide immense facilities and serve as a catalyst for promoting business. The Chief Minister opined that when buyers and sellers engage in technology & knowledge sharing, it gives a strong impetus to the development journey. Shri Modi talked about the agriculture fairs where many farmers participated. He said, “We did agriculture fairs. Many farmers came and we decided that like the Vibrant Gujarat Summit we will have a fair once in 2 years dedicated to agriculture.” Similarly, Shri Modi shared that this time the Gujarat Government got a request for a special stall for women and the Government has made special arrangements to give a strong boost to women entrepreneurs.

The Chief Minister expressed his gratitude to the Government of India, all the state Governments who are present and all the other participants and stakeholders. Earlier, Ms. Rita Menon (IAS) and CMD of ITPO spoke on the occasion. She congratulated the Gujarat Government for the show and expressed confidence that the summit will grow from strength to strength. She wished the event the very best. The event was graced by various Ministers, captains of industry and other dignitaries. Among those who attended include Cabinet Ministers Smt. Anandiben Patel, Shri Saurabh Patel, Shri Ganpat Bhai Vasava.

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First-Time Employees to Receive Incentive of up to ₹15,000
To encourage sustained job creation, Employers eligible for Incentive of up to ₹3,000 per Month per Additional Employee
PM-VBRY is designed to facilitate Job Creation, Formalisation of Employment and Expansion of Social Security Coverage
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Prime Minister Shri Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held on 19 June 2026 at 5 PM at Vigyan Bhawan, New Delhi.

The disbursal marks a significant milestone in the implementation of PM-VBRY, the Government of India’s flagship employment-linked incentive scheme aimed at accelerating job creation, promoting formalisation of employment, enhancing employability, and expanding social security coverage across sectors. The scheme has already supported the creation of 15 lakh employment opportunities across the country.

PM-VBRY is designed to encourage both workers and employers to participate in the formal economy. Under the scheme, first-time employees are eligible for an incentive of up to ₹15,000, providing crucial support as they enter the workforce. Employers generating additional employment are eligible for incentives of up to ₹3,000 per month per additional employee, thereby encouraging sustained job creation. Recognising the strategic importance of manufacturing in driving economic growth, employers in the manufacturing sector are eligible to receive incentives for a period of four years, while employers in all other sectors can avail incentives for two years.

The scheme reflects the Government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth.

PM-VBRY came into effect on 1 August 2025. With a total outlay of ₹99,446 crore, the scheme aims to incentivise the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a Viksit Bharat.