VGRC Surat 2025: Russia, Japan eye semiconductor and solar energy deals in Gujarat

Share:
Audio Loading voice…
VGRC Surat 2025: Russia, Japan eye semiconductor and solar energy deals in Gujarat

Synopsis

Russia and Japan didn't just attend the Vibrant Gujarat Regional Conference in Surat — they came with specific asks. Semiconductors and solar energy are the twin magnets pulling foreign interest into Gujarat, and with Surat already holding India's highest concentration of solar panel manufacturing, the state's regional conference circuit is quietly doing the work that global summits often get credit for.

Key Takeaways

The Vibrant Gujarat Regional Conference (VGRC) — South Gujarat commenced on 1 May 2025 at Auro University, Surat , inaugurated by CM Bhupendra Patel .
Delegates from Russia and Japan highlighted opportunities in semiconductors and renewable energy in Gujarat.
Surat reportedly holds the highest concentration of solar panel manufacturing in India, with companies now expanding into cell manufacturing.
KP Group's Faruk Patel noted his company grew an initial ₹768 crore MoU signed in 2012–13 by nearly 10 times .
The conference covers districts including Surat, Bharuch, Navsari, Valsad, Tapi , and Dang , bringing together MSMEs, startups, and government bodies.

Foreign delegates at the Vibrant Gujarat Regional Conference (VGRC) — South Gujarat in Surat on 1 May 2025 highlighted surging international interest in Gujarat's industrial ecosystem, with representatives from Russia and Japan pointing to significant opportunities in semiconductors and renewable energy. The two-day conference, inaugurated by Chief Minister Bhupendra Patel, is being held at Auro University on 1 and 2 May alongside the Vibrant Gujarat Regional Exhibition (VGRE).

International Interest in Gujarat's Industrial Ecosystem

Aleksandr Fursov, Deputy Consul General of Russia in Mumbai, said the conference reflects the depth of economic ties between the two nations. "Russia and India have a long-standing tradition of bilateral economic cooperation. We always view conferences like Vibrant Gujarat as a great opportunity for business people to meet each other, get to know each other better, and learn about the opportunities each country has and is ready to offer to its partners," he told NationPress.

A Japanese delegate identified as Onio underlined Gujarat's growing role in emerging industries. "From my understanding, the semiconductor industry is a very important and rapidly growing sector here in Gujarat. Also, Gujarat is known as the state with the highest solar panel installations in India," he said, speaking at the Japan session of the conference.

Surat's Solar and Manufacturing Strengths

Rohit Mehta, former president of the Southern Gujarat Chamber of Commerce and Industry (SGCCI), said the initiative continues to create new avenues for industry. "At present, Surat has the highest concentration of solar panel manufacturing. There are many companies here, and now these companies are also focusing more on cell manufacturing. So, in the field of solar and renewable energy, there are tremendous opportunities," he told NationPress.

Faruk Patel, Chairman and Managing Director of KP Group, cited his own company's trajectory as evidence of the conference's impact. "Back in 2012 and 2013, during PM Modi's tenure, we signed an MoU worth ₹768 crore, and later we expanded it nearly 10 times. So, no one can have greater confidence than us about the fact that this South Gujarat Regional Conference is going to benefit many industries," he said.

The Vibrant Gujarat Legacy and New Direction

Dinesh Navadiya, Chairman of the Indian Diamond Institute, credited Prime Minister Narendra Modi with originating the Vibrant Gujarat concept during his tenure as Chief Minister of Gujarat. "Since then, every Chief Minister of Gujarat has carried forward the Vibrant Gujarat programme. But this time, Chief Minister Bhupendra Patel has given it a new direction," Navadiya told NationPress.

This comes amid a broader state government effort to extend the Vibrant Gujarat model beyond its flagship global summit and into regional hubs, sustaining investment momentum across South Gujarat districts including Surat, Bharuch, Navsari, Valsad, Tapi, and Dang.

What the Conference Covers

The VGRC features seminars, sector-focused discussions, business-to-business and business-to-government meetings, and a reverse buyer-seller meet aimed at facilitating partnerships between industries, MSMEs, startups, and government bodies. The South Gujarat conference is one in a series of regional events held between editions of the Vibrant Gujarat Global Summit, designed to keep investment pipelines active year-round.

With semiconductor supply chains and renewable energy capacity emerging as twin priorities for both domestic and foreign investors, the outcomes of the VGRC 2025 are likely to set the tone for Gujarat's pitch at the next global summit edition.

Point of View

Surat's solar manufacturing dominance is organic, not just policy-driven, which gives foreign interest here more durability. The real question is whether the state's infrastructure and skill pipeline can absorb the scale of investment being courted before competing states close the gap.
NationPress
1 May 2026

Frequently Asked Questions

What is the Vibrant Gujarat Regional Conference (VGRC) in Surat?
The VGRC — South Gujarat is a two-day regional investment conference held on 1 and 2 May 2025 at Auro University in Surat, inaugurated by Chief Minister Bhupendra Patel. It is part of the state government's effort to extend the Vibrant Gujarat model to regional hubs and promote localised investment opportunities across South Gujarat districts.
Which countries showed interest at VGRC Surat 2025?
Delegates from Russia and Japan highlighted investment opportunities at the conference. Russia's Deputy Consul General Aleksandr Fursov emphasised bilateral economic cooperation, while Japanese delegate Onio pointed to Gujarat's semiconductor industry and its status as India's top solar panel installation state.
Why is Surat significant for solar and renewable energy investment?
Surat reportedly has the highest concentration of solar panel manufacturing in India, according to former SGCCI president Rohit Mehta. Companies in the region are now expanding into solar cell manufacturing, making it a key hub for renewable energy investment.
What is the history behind the Vibrant Gujarat initiative?
The Vibrant Gujarat initiative was started by Prime Minister Narendra Modi when he served as Chief Minister of Gujarat. Subsequent Chief Ministers have continued the programme, with CM Bhupendra Patel now expanding it to regional conferences held between editions of the flagship Vibrant Gujarat Global Summit.
Who are the key industry voices at VGRC South Gujarat 2025?
Key speakers include Dinesh Navadiya, Chairman of the Indian Diamond Institute; Rohit Mehta, former president of SGCCI; and Faruk Patel, Chairman and MD of KP Group, who noted his company expanded a ₹768 crore MoU signed in 2012–13 by nearly 10 times.
Nation Press
Google Prefer NP
On Google