The BJP's Prime Ministerial candidate said ensuring security, equality and prosperity of people is necessary for the country's growth.
All political parties are seeking power and BJP is also doing so. However, the difference is his party is seeking power to empower people, the BJP stalwart said.
The three-day conclave, "Ummat Business", is being held for the first time here on the banks of Sabarmati River. Close to 50 exhibitors have set up stalls showcasing their products at the event, organised by Muslim businessmen, whose theme is "Harmony in business - Lets grow together".
The participants range from automobile sector to Information Technology to realty.
Modi batted for all-round development and said Gujarat's inherent quality is its entrepreneurial society.
Irrespective of which community a person belongs to, it is important to be competitive in today's world to show our capability, he maintained.
"A healthy society can only be built by taking all communities together. There is a need to adapt a growth model that ensures equality."
Highlighting four facets of Gujarat's growth story - security, equality, prosperity and activity - Modi said adherence to these principles in all Government and societal initiatives had ensured a safe and secure living for the people irrespective of their caste, creed, religion or status.
The CM emphasised that Muslim women too need to be involved in the development journey.