The correct answer is: Investment promotion.
The Vibrant Gujarat Global Summit is an annual business summit held in Gujarat, India. The summit was first held in 2003, and has been held every year since then. The summit is organized by the Government of Gujarat, and is aimed at promoting investment in the state. The summit has been successful in attracting investment from both domestic and international companies.
The summit is attended by a large number of business leaders, government officials, and other dignitaries. The summit provides a platform for businesses to network, and to explore investment opportunities in Gujarat. The summit also features a number of panel discussions and presentations on topics related to investment, business, and the economy.
The Vibrant Gujarat Global Summit is a major event in the Indian business calendar. The summit has been successful in promoting investment in Gujarat, and has helped to make the state a major destination for foreign direct investment.
The other options are incorrect because:
- Tourism promotion is not the focus of the Vibrant Gujarat Global Summit. The summit is aimed at promoting investment in the state, not tourism.
- Cultural exchange is not the focus of the Vibrant Gujarat Global Summit. The summit is aimed at promoting investment in the state, not cultural exchange.
- Sports development is not the focus of the Vibrant Gujarat Global Summit. The summit is aimed at promoting investment in the state, not sports development.