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Executive Summary

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Gujarat, India's leading industrial state is a manufacturing powerhouse with world-class production capabilities in textiles, petrochemicals, Pharmaceuticals and agro-based products.

Situated on the western tip of India, Gujarat has the longest coastline in the country. The state has 41 ports that handle most of the cargo in the country, including India's only chemical handling port located at Dahej, in Bharuch district The state has extensive road, rail and air networks. The recently commissioned Liquefied Natural Gas (LNG) terminals in Dahej stand to augment its capabilities in the power sector and benefit industry. The state also has India's largest hydro project, the Sardar Sarovar project.

Gujarat is rich in bio-resources and has a forest cover of 1.88 billion hectares. It has 10.7 million hectares of highly diversified cropping area and is a leading producer of horticultural crops. It is rich in mineral resources like limestone, lignite and bauxite.

Industrial estates in Gujarat have proven to be extremely popular with businesses. Jamnagar in Gujarat is the world's largest industrial estate while Kandla has Asia's first and India's largest multi-product Special Economic Zone (SEZ).

The chemical industry in Gujarat accounts for half of the annual investment in the state and contributes to more than 20 per cent of India's chemical output.

It is home to the world's largest grassroots refinery in Jamnagar, set up by India's leading business house, the Reliance Group. Essar and Indian Petrochemicals Corporation Ltd are other large chemical manufacturers in the state. Gujarat also accounts for 40 per cent of India's pharmaceutical production with major players like Cadila, Sun Pharma, Alembic, Torrent and Sarabhai being present in the state.

Apart from large-scale textile manufacturing units, Gujarat's gem and jewellery industry processes 80 per cent of the diamonds in the country and its immensely successful state cooperative federations have brought prosperity to rural Gujarat. Amul, a brand owned by the Gujarat Cooperative Milk Marketing Federation, enjoys a significant market share in India's processed food sector.

The state is keen to leverage its natural resource base and entrepreneurial spirit to sustain its leadership position. To attract investment Gujarat has set up single window facilities at the district level. Gujarat's Industrial Promotion Board is also in the process of setting up kiosks at all important places to disseminate information regarding regulations governing new investment.

The state has actively sought private participation to improve existing infrastructure facilities. It was the first in the country to develop port facilities, estates and roads in conjunction with the private sector.

 

Content Source: www.ibef.org

 
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