Gujarat

Capital | Population Gandhinagar | 62.7 million
State GDP & Growth Rate - GDP State GDP is around US$ 123.4 billion and the growth rate is approx. 14.50%.
Per capita income The per capita income ranges from 96976.
Political Scenario The Government of Gujarat is the supreme governing authority of the state of Gujarat. Bharatiya Janata Party (BJP) is the ruling party of the state since 2014.
Key Sectors / Industries Agro and food processing, dairy, chemicals and petrochemicals, textiles and apparels, engineering and auto, gems and jewellery, oil and gas, IT and power.
Emerging markets / opportunities
  • - Agriculture
  • - Chemicals
  • - Information Technology (IT)
  • - Minerals
  • - Textiles
  • - Tourism
Business Scenario /Government Initiatives
  • The National Dairy Development Board is involved in promoting, financing and supporting milk-distribution organisations across India. Plan outlay of US$ 589 million for agriculture, animal husbandry, dairy and fisheries industries. Allocation of US$ 121 million for farmers against the impact of poor monsoon. Allocation of US$ 615 million with an aim to bring an additional 0.3 million hectares under irrigation by Narmada waters. The state government has announced plans for the setting up of brown and green field projects to facilitate environment-friendly processing standards in the textile units of the state. The state government is working on attracting investments from Japanese companies to develop direct railway connectivity from the backyards of automotive manufacturing plants to ports.
  • Gujarat has always played an important role in contributing to the economic development of India.
  • The Gujarat state is classified as one of the leading industrialized states in India. It is one of the best places in India for the manufacturing of textiles, pharmaceuticals, and agro-based and petrochemical products. The state is also popular for its physical and social infrastructure facilities.
  • Gujarat has more than 10.7 million hectares of cropping area. However, it still offers a tremendous opportunity for investment in the sector.
  • The state of Gujarat is naturally blessed with abundant natural resources, fertile soil, an excellent river system, conducive climatic condition, and well-established markets. All these factors make the state a front-runner location for investing in the agricultural sector.
  • Gujarat also has natural mineral resources in abundance, such as bauxite, lignite, and limestone. Thus there is a huge potential for investors to invest in the mining of the natural resources sector.
  • With its huge coastline of 1600 km, this state promises tremendous business investment opportunities. Major ports in the state are very strategically located.
  • An investor considering investment in the state will see that it is a wonderland for investing in sectors, such as textiles and apparels, auto and ceramics, agro and food processing, chemicals and petrochemicals, pharmaceuticals, biotechnology, IT, and gas and oil.
  • Gujarat is the largest exporter of cotton in the country around 60% and overall the state contributes around 25 per cent to India's total export of goods, the state is well known to have has excellent infrastructure as compared to the other states. There are 42 ports, 13 domestic airports and one international airport. There are 83 product clusters, 257 industrial estates, 32 notified special economic zones (SEZs) and upcoming infrastructure on the Delhi-Mumbai Industrial Corridor (DMIC).Gujarat is a leader in industrial sectors such as chemicals, petrochemicals, dairy, drugs and pharmaceuticals, cement and ceramics, gems and jewellery, textiles and engineering. The industrial sector comprises over 800 large industries and more than 4 53,339 micro, small and medium industries.
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