Union Budget 2023-24
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SNAPSHOT

2nd largest producer of crude oil (onshore) and 4th largest producer of natural gas.

Gujarat is recognized as an “Achiever” among the coastal states by DPIIT in Logistics Ease (LEADS 2022).

The State has 42 ports, including 1 major port and 41 non-major ports. The State also has 17 operational airports, including 1 international airport.

Gujarat emerged as one of the Best Performers in the State Startup Ranking 2021. Gujarat makes its mark as the Green House Capital of the world. 

Diamond Research and Mercantile City - A Smart City being developed close to the diamond capital of India – Surat, to promote diamond trading from Gujarat at an estimated project cost of INR 2400 Cr (~$350 Mn). Spread over 2,000 acres, DREAM City will house an International Diamond Trading Hub and a Diamond Bourse.

All across the state, GIDC has planned for 202 industrial estates. Additionally, the GoGJ announced the launch of 8 new industrial estates to strengthen manufacturing MSMEs and create more small business opportunities in Gujarat.

Gujarat has the better business and investment opportunities; There are currently 21 operational Special Economic Zones (SEZs) with 26 SEZs with formal approvals, 8 notified Special Investment Regions (SIR) and 202 Industrial Estates in Gujarat. Delhi Mumbai Industrial Corridor (DMIC) provides further impetus for industrial growth in Gujarat as 38% of the corridor lies in the state.

Gujarat International Financial Tec-City (GIFT City) in Ahmedabad is the country’s first International Financial Services Centre (IFSC) that caters to customers outside the jurisdiction of the domestic economy.

Gujarat’s current operational capacity for generation of power from wind energy sources stands at 8,561.8 MW as against 7,541.5 MW in FY20. At 1,468.4 MW, Gujarat created the highest wind power capacity the previous fiscal as well.

 

Refinary

World's largest petroleum refining hub at Jamnagar

Diamond

Accounts for ~90% of all diamond cutting and polishing globally

Denim

Ranked as the “Best Performer” in all India State Startup Ranking by Department for Promotion of Industry and Internal Trade (DPIIT) in year 2022

Focus sectors Gujarat

Food Processing

Gujarat boasts of more than 30,000 food processing units, 560 cold storages and fish processing units.

The state has the presence of 45 dairy plants. During the year 2019- 20, per day 203.43 lakh litres milk has been received in 22 Co-operative dairy plants whose per day capacity was 262.63 lakh liters milk. The state is divided into 8 sub agro-climatic zones and 20 agri-export zones.

Focus sectors Gujarat

Automobile and Auto-Components

Gujarat contributes 9% to India’s output of transport equipment. The state has established auto-clusters in Ahmedabad-Sanand, Mandal Becharaji, Hansalpur–Vithalpur, Vadodara-Halol and Rajkot

The state’s stronghold in heavy and light engineering sector complements the existing automobile industries in the state.

Gujarat has emerged as a top automotive manufacturing hub in the world.

The state has sound automotive clusters comprising of auto components and ancillaries manufacturing facilities near Rajkot and Ahmedabad.

A Japanese industrial zone has been set up in the Sanand-Mandal-Becharaji Investment Region.

Gujarat is well connected to the rest of the country and has port connectivity making it an ideal export hub.

Focus sectors Gujarat

Chemicals

Gujarat ranks first in India’s chemical manufacturing output. The state has India's first Petroleum, Chemicals & Petrochemicals Investment Region for manufacturing of petroleum products, chemicals and petrochemicals.

The state accounts for 62% of India’s petrochemical production, 35% of other chemical production and 41% of chemical and petrochemicals exports. The state is also the largest producer of bio-fertilizers, seeds, urea and other fertilizer

Focus sectors Gujarat

IT and BPM

Gujarat accounts for 16% of investments made in IT/ITeS sector in the country.

Gujarat is home to 5000+ thriving small, medium and large high performing ICT Industries

Focus sectors Gujarat

Pharmaceuticals and Biotechnology

Gujarat is the leader in pharmaceutical manufacturing in India and accounts for 33% of the country's sector turnover and 28% of exports.

More than 3,500 licenses have already been allotted to private players in 2017. With a turnover of $ 615 mn in 2014, Gujarat is also amongst India's top 5 biotech destinations.

Focus sectors Gujarat

Textile and Garments

Gujarat is the largest producer and exporter of cotton in India, producing 37% of the country’s total output.

The state has the presence of 18 textile clusters estimated to be around $ 25 Bn by the end of the year 2017, houses more than 90% of weaving machinery manufacturers of the country. It is also the leading technical textiles manufacturer, contributing to 25% of the country’s technical textile output.

Focus sectors Gujarat

Tourism and Hospitality

Gujarat is home to several UNESCO identified heritage sites, world’s largest temple complex and Asiatic lions.

The state recorded 58.8 mn tourists, both domestic and foreign, during 2019

43

Urbanisation Rate

Females/ 1000 Males
965

Female/Male Ratio

Male/Female Ratio

Demographics

Over 65% of Gujarat's population is in the working age group of 15-59 years.

Gujarat, the 9th most populated state in India, is home to 5% of the country's total population. The state's population of 60.4 mn is almost double the population of Malaysia.

Industrial Land Bank Portal

GIS - based map displaying available infrastructure for setting up business operations in the state.

Data On Map

  • Industries in Gujarat
  • Gujarat Investment
  • Upcoming Projects in Gujarat
  • Business Opportunities in Gujarat
  • Gujarat Investment Opportunities
  • Tourism in Gujarat
  • Gujarat Industrial Opportunities

MAJOR INVESTORS

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