📷 Image: Wikimedia Commons / Government of India
Business
Gujarat CM Calls on Canadian Gujarati Community to Boost State Investments
✍️ The Times of India
🗓 25 Aug 2026, 03:19 AM
👁 2
The Gujarat chief minister appealed to the Gujarati diaspora in Canada, urging them to channel funds into the state's development projects.
The chief minister of Gujarat addressed members of the Gujarati diaspora residing in Canada, emphasizing the importance of their financial contribution to the state's growth. He highlighted Gujarat's robust infrastructure, business-friendly policies, and emerging opportunities across sectors such as manufacturing, renewable energy, and tourism.
During the virtual interaction, the CM outlined specific investment avenues, including public‑private partnerships and startup incubators, and urged the overseas community to consider long‑term commitments rather than short‑term capital flows. He noted that diaspora investments have historically played a pivotal role in Gujarat's economic expansion.
The government has pledged to facilitate smoother investment procedures, offering incentives like tax rebates and expedited clearances for projects backed by non‑resident Indians. Officials said a dedicated liaison office will be set up in Canada to assist potential investors with regulatory and logistical matters.
The appeal comes as Gujarat seeks to sustain its high growth trajectory and attract foreign capital to diversify its industrial base. The CM concluded by inviting interested members to a forthcoming investment summit scheduled later this year, where detailed project proposals will be presented.
During the virtual interaction, the CM outlined specific investment avenues, including public‑private partnerships and startup incubators, and urged the overseas community to consider long‑term commitments rather than short‑term capital flows. He noted that diaspora investments have historically played a pivotal role in Gujarat's economic expansion.
The government has pledged to facilitate smoother investment procedures, offering incentives like tax rebates and expedited clearances for projects backed by non‑resident Indians. Officials said a dedicated liaison office will be set up in Canada to assist potential investors with regulatory and logistical matters.
The appeal comes as Gujarat seeks to sustain its high growth trajectory and attract foreign capital to diversify its industrial base. The CM concluded by inviting interested members to a forthcoming investment summit scheduled later this year, where detailed project proposals will be presented.