Gujarat is the ‘petro capital’ of India, contributing 34 per cent to petrochemicals and 27 per cent to the country’s chemicals and pharmaceuticals business. It has achieved the distinction of being one of the most industrially developed states. Accounting for 5 per cent of the total Indian population, Gujarat contributes 21 per cent to India’s exports and 13 per cent to its industrial production. The industrial sector had a 12.5 per cent growth in 2009.
Gujarat has excellent infrastructure as compared to the other states. There are 42 ports, 13 domestic airport and one international airport. The state also has extensive road and rail network. The urban and rural areas have 24-hour power supply. A 2,200 km gas-grid supplies gas to the industrial areas. There are 83 product clusters, 202 industrial estates, 60 special economic zones (SEZ) and upcoming infrastructure on the Delhi-Mumbai Dedicated Freight corridor.
At current prices, the Gross State Domestic Product (GSDP) of Gujarat was about US$ 76.3 billion in 2007-08. The average annual GSDP growth rate from 1999-2000 to 2007-08, was about 15.8 per cent. Gujarat was among the states that recorded very high GSDP growth rates in the last decade, compared to the other states.State Presentation (April 2010)
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