by Vibrant Gujarat Summit on Nov 17, 2010
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Gujarat - The Growth Engine of India, situated at the western part of the Indian subcontinent, is infused with the spirit for entrepreneurship. Being one of the most industrialized states in India, ...
Gujarat - The Growth Engine of India, situated at the western part of the Indian subcontinent, is infused with the spirit for entrepreneurship. Being one of the most industrialized states in India, Gujarat has a key role in driving India ahead. The decision of the Tatas to shift the Manufacturing Plant of Nano car to Gujarat shows the commitment of the Gujarat Government in aiding serious investors. Gujarat has always been willing to extend its support to any organisation looking at India as a possible investment destination.
Gujarat is a thriving industrial state and hotbed for investments. Gujarat accounts for 15.14% (USD 114.52 bn) of the total investments in India; highest amongst all States in India. With 6% of India’s geographical area, the State is home to 41 ports and handles around 25 % of the country’s sea-cargo. Gujarat contributes significantly to India’s economy across key sectors including production of Soda Ash, Diamond Processing, Salt, Petroleum products, Chemicals and Pharmaceuticals. Gujarat witnessed the Gross State Domestic Product (GSDP) of 10.2% for the year (2002-07) and a target GSDP of 11.2% is envisaged till 2007-12: highest in India. Gujarat is leader in various industrial sectors.
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