Last Updated: November 19, 2014
Latest update: November, 2014
Last Updated: November, 2014
GUJARAT State Report | November, 2014
Gujarat is located on the western coast of India and has the longest coastline of 1,600 km in the country. The state shares its borders with Rajasthan, Madhya Pradesh, Maharashtra and the Union Territories of Daman & Diu and Dadra & Nagar Haveli. The Arabian Sea borders the state both to the west and the south-west.
Gujarat is very strong in the petroleum sector and is considered the petro capital of India. The state attracted cumulative FDI worth US$ 9.6 billion from April 2000-May 2014 and is the second highest recipient of FDI in India after Maharashtra. At current prices, Gujarat's gross state domestic product (GSDP) was about US$ 123.4 billion over 2012-13.
Gujarat is the largest exporter of cotton (60.0 per cent) in the country. Overall the state contributes around 25 per cent to India's total export of goods. The state has excellent infrastructure as compared to the other states. There are 42 ports, 13 domestic airports and one international airport. There are 83 product clusters, 257 industrial estates, 32 notified special economic zones (SEZs) and upcoming infrastructure on the Delhi-Mumbai Industrial Corridor (DMIC).
Gujarat is the only state in India where the state government has framed policies in almost all key sectors such as industry, power, ports, roads, agriculture and minerals. Gujarat's Industrial Policy, 2009, offers attractive incentives and concessions for prospective investors.