Modi wins fDi personality of the year award

Last Updated: Tue, Aug 25, 2009 08:26 hrs

Mumbai: Gujarat chief minister Narendra Modi has been chosen as The Asian Winner of the fDi Personality of the Year awards for 2009 by fDi Magazine, a premier publication and a leading title for the business of globalisation.

Narendra Modi, now in his third term, won the award for his progressive skills in attracting domestic and international investment and for creating a conducive business environment for global investors.  

The fDi Personality of the Year awards recognise the political and business leaders around the world who have been the most proactive, dynamic and innovative in securing foreign investment and improving the business environments of their jurisdictions.

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Last year, Gujarat attracted $2.8bn in FDI, 10.3% of all foreign investment inflows into the country and an increase of 57% on the previous year. During his tenure, Gujarat has seen economic growth of about 10%, year-in year-out, the fastest rate of any state in India, said Sparta Strategy Ventures, the India Partner to fDi.

`Modi`s political will and his ambitious plans for all round development has bought him global appreciation and international accolades like this one`, said Sparta Strategy`s Managing Partner Kavan Bhandary.

The other regional winners are Qasim Al Fahadawi, Governor of Al Anbar province, Iraq, Babatunde Raji Fashola, Governor of Lagos state, Nigeria, Connie Hedegaard, Energy Minister, Denmark, Ivonne Ortega Pacheco, Governor of Yucatan, Mexico and Bobby Jindal, Governor of  Louisana, US.