Useful information

GUJARAT: KEY GROWTH INDICATORS

6% of India’s Geographical Area: 196,063 sq km
One of the most industrially developed state with 13 major industry groups
17 operational Special Economic Zones, as of January 2019
Longest coastline in the country of 1600 km with 42 ports and 41 minor ports
GDP rank: 3rd in India
Contributor of about 1/4th of India’s goods exports
406 investment intended worth Rs 65,710 crore as of Dec 2018
Home to the world’s largest grassroots refinery in Jamnagar
Accounts for 80% of India’s Diamond Exports
- GUJARAT: A Manufacturing Powerhouse
Manufacturing sector contributes 31% to Gujarat’s GSDP
Gujarat is a leader in Textiles, Chemicals, Petrochemicals,
Plastics Processing Machinery, Pharmaceuticals, Engineering,Gems and Jewellery, Automobile and components
As per budget 2018-19, state government announced plans to invest US$ 682.2 million for the growth of Industrial sector of Gujarat.
Gujarat provides an ecosystem that catalyzes indigenous manufacturing: aligned with the objective of ‘Make In India’
- GUJARAT: A Hub of Engineering
  • Engineering exports from India grew 16.81% to US$ 76.2 billion in FY18 from US$ 65.2 billion in FY17
  • From 2007 to 2017, engineering exports from India registered growth at a CAGR of 8.50 %
  • Engineering exports include transport equipment, capital goods, other machinery/equipment and light
  engineering products such as castings, forgings and fasteners
  • Electrical equipment was highest performing sector with an output of US $ 23.64 billion
  - GUJARAT: MSME clusters Cluster Development Approach adopted to promote and strengthen Micro, Small and Medium Enterprises (MSME)
    Category Number of Clusters
    Engineering 21
    Textiles 18
    Agro & Food Processing 07
    Chemicals 23
    Mineral based industry 16
    Others 21
    - GUJARAT: Enterprising, Industrious & Logistically-strong
  - The most enterprise-friendly high-growth state of India Planned creation of 8000 new MSME units in various parts of the state by the GIDC.
    • Offering various tax incentive schemes in the form of SGST
    • Ranked top on DIPP Ease of Doing Business,
    • Top in parameters of Labour Climate, Infrastructure, Economic Climate, and Business Expectations
    • Lowest rate of Power Shortage and highest number of Airports & Ports.
    • Ranked top in non-corruption and infrastructure perception
    • Hub of Education & Entrepreneurship with several renowned institutes as well as Entrepreneurship Development Institute of India