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Gujarat

Last Updated: November 2009
 

Located on the western coast of India, Gujarat has the longest coastline in the country at 1,600 km, and has one of the strongest port infrastructures in India. The state has 42 ports along a 1,600 km coastline, including one major port at Kandla and 41 minor ports and it is the first state in India to take up port privatisation. The agro sector, including animal husbandry, contributed 14.8 per cent (at current prices) to Gujarat‘s Gross State Domestic Product (GSDP) in 2006–07. In 2008–09, Gujarat was the highest exporter of cotton in India at 60 per cent. It was also the highest contributor of man-made fibre (31 per cent) and man-made filament yarn (38 per cent) in the country. Gujarat is the largest producer of denim in India (65 to 70 per cent) and the third-largest in the world.

Gujarat ranks first in the production of crude oil (onshore —55.10 per cent) and natural gas (onshore —32.3 per cent) in India. The state has the highest number of oil and gas fields, both onshore and offshore, in India (31.3 per cent). Nearly 36.6 per cent of India’s installed refining capacity is in the state of Gujarat. The state is the highest contributor to the total national production of petrochemical products.

Gujarat accounts for 72 per cent of the world‘s share of processed diamonds and 80 per cent of total diamonds processed in India, with eight out of 10 diamonds in the world being polished in Surat. It is internationally renowned for the production of unique hand-made silver ornaments (85 per cent of total silver jewellery production of India).

The GSDP of Gujarat was US$ 61 billion (E) at current prices in 2007–08 and the state has set the highest growth target of 11.2 per cent for the Eleventh Five Year Plan. The per capita income of Gujarat in 2006–07 stood at US$ 829.6, higher than the national average of US$ 655.2. The tertiary sector is the highest contributor to Gujarat‘s economic basket, while manufacturing accounts for the largest share of employment across industries in Gujarat.

State Presentation (September 2009)
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Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
 
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Related Websites
Government of Gujarat
Industrial Extension Bureau (iNDEXTb)
Gujarat State Financial Corporation
Gujarat Mineral Development Corporation Ltd
Vibrant Gujarat Global Investors' Summit 2007
Gujarat


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