PM inaugurates Global Patidar Business Summit

Published By : Admin | April 29, 2022 | 12:01 IST
“Today India has so much. We just have to strengthen our self-confidence and our spirit of Aatmnirbharta”
“It is constant effort of the government that youth of the ordinary families can also become entrepreneurs and dream and take pride in entrepreneurship”
“Every small and big business is contributing to the national progress and this spirit of Sabka Prayas is becoming strength of the New India in the Amrit Kaal”
Asks the Patidar Community to form groups and suggest and help in implementing important areas like fintech, NEP etc

The Prime Minister, Shri Narendra Modi inaugurated the Global Patidar Business Summit (GPBS), being organized by Sardardham, today via video conferencing. The Chief Minister of Gujarat, Shri Bhupendrabhai Patel and Union Ministers and industrial leaders were among those present on the occasion.

Speaking on the occasion, the Prime Minister noted the status of city of Surat as one of the fastest growing cities of the world. Recalling Sardar Patel’s words, the Prime Minister said Today India has so much. “We just have to strengthen our self-confidence, our spirit of Aatmnirbharta. This confidence will come only when there is participation of everyone in development, everyone's effort will be involved”

On the enhancement of the spirit of entrepreneurship in the country, the Prime Minister said that It is the constant effort of the government through its policies and its action such an environment should be created in the country that even the youth of ordinary families become an entrepreneur, dream and take pride in entrepreneurship. The Prime Minister said that schemes like Mudra Yojna are giving strength to those people to get into business who never dreamed about doing so. Similarly, Start Up India is helping in realization of innovation, talent and dreams of Unicorn which appeared inaccessible earlier. Production Linked Incentive, said the Prime Minister, is infusing new energy in the traditional sectors and creating new possibilities in new sectors. Despite the challenges of pandemic, he informed, the MSME sector of the country advanced rapidly. With massive financial support lakhs of employment in the sector were protected and now this sector is creating many news avenues of employment. PM-SVANIDHI scheme has associated street vendors in the growth story by giving them access to formal banking and finance. The scheme has been extended till December 2024 recently, he informed.

The Prime Minister said that every small and big business is contributing to the national progress and this spirit of Sabka Prayas is becoming strength of the New India in the Amrit Kaal. He expressed happiness that the Summit this year is discussing this aspect in detail.

Shifting to Gujarati the Prime Minister asked the community to create groups consisting of both experienced and young members to work on issues of national interest and document ideas, global good practices and government policies and their analysis can also be undertaken. He said subjects like fintech, skill development, financial inclusion etc can be taken for suggesting intervention in government and in academia. Similarly, National Education Policy can be taken up for exploration of best way of total implementation and suggesting useful intervention at every level.

The Prime Minister also asked the summit to explore ways of modernizing agriculture and bringing investment in agriculture. He suggested that teams can be created to study the land of Gujarat for suggesting new ways of agriculture and new crops. He cited the example of conceiving dairy movement in Gujarat few decades ago that changed the economic landscape of farmers of Gujarat. He said we need to find ways to promote agro-based industries. He said that such efforts can help in reducing import of edible oil and emphasized the possibilities in food-processing industry. He also asked the audience to look at the emerging FPOs as many opportunities are emerging with the advent of these organizations. The Prime Minister also asked to work in the field of natural farming. Prime Minister Modi emphasized the possibilities of using spare areas in the fields for solar panel. He asked them to contribute in the recently launched Amrit Sarovar Abhiyan. Talking about the recently held Ayurved Summit, the Prime Minister said new possibilities in the herbal and Ayush sector can be looked at.

The Prime Minister called for a new outlook towards financial empires. He emphasized that it may be decided that industries can be based in small cities instead of big cities. He gave example of Jyotirgram Yojna which triggered industrial activities in villages. Now such work can be done for small town and cities, he said.

Sardardham is organizing GPBS under ‘Mission 2026’ to provide an impetus to socio-economic development of Patidar community. The Summit is organized every two years. The first two Summits were held in Gandhinagar in 2018 and 2020, and the current Summit is now being held in Surat. The main theme of GPBS 2022 is “Aatmanirbhar Community to Aatmanirbhar Gujarat and India”. The Summit aims to bring together small, medium and large enterprises within the community; nurture and support new entrepreneurs and provide training and employment assistance to the educated youth. The three day Summit, being organized from 29th April to 1st May, covers various aspects of government industrial policy, MSMEs, start-ups, innovation, among others.

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List of Outcomes: Visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of UAE to India
January 19, 2026
S.NoAgreements / MoUs / LoIsObjectives

1

Letter of Intent on Investment Cooperation between the Government of Gujarat, Republic of India and the Ministry of Investment of the United Arab Emirates for Development of Dholera Special Investment region

To pursue investment cooperation for UAE partnership in development of the Special Investment Region in Dholera, Gujarat. The envisioned partnership would include the development of key strategic infrastructure, including an international airport, a pilot training school, a maintenance, repair and overhaul (MRO) facility, a greenfield port, a smart urban township, railway connectivity, and energy infrastructure.

2

Letter of Intent between the Indian National Space Promotion and Authorisation Centre (IN-SPACe) of India and the Space Agency of the United Arab Emirates for a Joint Initiative to Enable Space Industry Development and Commercial Collaboration

To pursue India-UAE partnership in developing joint infrastructure for space and commercialization, including launch complexes, manufacturing and technology zones, incubation centre and accelerator for space start-ups, training institute and exchange programmes.

3

Letter of Intent between the Republic of India and the United Arab Emirates on the Strategic Defence Partnership

Work together to establish Strategic Defence Partnership Framework Agreement and expand defence cooperation across a number of areas, including defence industrial collaboration, defence innovation and advanced technology, training, education and doctrine, special operations and interoperability, cyber space, counter terrorism.

4

Sales & Purchase Agreement (SPA) between Hindustan Petroleum Corporation Limited, (HPCL) and the Abu Dhabi National Oil Company Gas (ADNOC Gas)

The long-term Agreement provides for purchase of 0.5 MMPTA LNG by HPCL from ADNOC Gas over a period of 10 years starting from 2028.

5

MoU on Food Safety and Technical requirements between Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry of India, and the Ministry of Climate Change and Environment of the United Arab Emirates.

The MoU provides for sanitary and quality parameters to facilitate the trade, exchange, promotion of cooperation in the food sector, and to encourage rice, food products and other agricultural products exports from India to UAE. It will benefit the farmers from India and contribute to food security of the UAE.

S.NoAnnouncementsObjective

6

Establishment of a supercomputing cluster in India.

It has been agreed in principle that C-DAC India and G-42 company of the UAE will collaborate to set up a supercomputing cluster in India. The initiative will be part of the AI India Mission and once established the facility be available to private and public sector for research, application development and commercial use.

7

Double bilateral Trade to US$ 200 billion by 2032

The two sides agreed to double bilateral trade to over US$ 200 billion by 2032. The focus will also be on linking MSME industries on both sides and promote new markets through initiatives like Bharat Mart, Virtual Trade Corridor and Bharat-Africa Setu.

8

Promote bilateral Civil Nuclear Cooperation

To capitalise on the new opportunities created by the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act 2025, it was agreed to develop a partnership in advance nuclear technologies, including development and deployment of large nuclear reactors and Small Modular Reactors (SMRs) and cooperation in advance reactor systems, nuclear power plant operations and maintenance, and Nuclear Safety.

9

Setting up of offices and operations of UAE companies –First Abu Dhabi Bank (FAB) and DP World in the GIFT City in Gujarat

The First Abu Dhabi Bank will have a branch in GIFT that will promote trade and investment ties. DP World will have operations from the GIFT City, including for leasing of ships for its global operations.

10

Explore Establishment of ‘Digital/ Data Embassies’

It has been agreed that both sides would explore the possibility of setting up Digital Embassies under mutually recognised sovereignty arrangements.

11

Establishment of a ‘House of India’ in Abu Dhabi

It has been agreed in Principle that India and UAE will cooperate on a flagship project to establish a cultural space consisting of, among others, a museum of Indian art, heritage and archaeology in Abu Dhabi.

12

Promotion of Youth Exchanges

It has been agreed in principle to work towards arranging visits of a group of youth delegates from either country to foster deeper understanding, academic and research collaboration, and cultural bonds between the future generations.