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Information About Gujarat – Industries, Economy, Ports, Exporters & Geography

April, 2018

Gujarat is located on the western coast of India and has the longest coastline of 1,600 km among all states 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 one of the leading industrialised states in India. At current prices, Gujarat's Gross State Domestic Product (GSDP) was about US$ 158.2 billion over 2015-16. Average annual GSDP growth rate from 2004-05 to 2015-16 was about 11.56 per cent. As of January 2018, Gujarat had a total installed power generation capacity of 30,394.29 megawatt (MW).

Gujarat is considered the petroleum capital of India due to presence of large refining capacity set up by private and public sector companies. As of December 2015, Gujarat ranked second in the production of crude oil (onshore) in India. The state produced 4.61 million tonnes of petroleum (crude) during 2016-17. As of December 2017, Gujarat had total refining capacity of 101.9 MMTPA, accounting for 41.54% of the country’s capacity.

The state is the world’s largest producer of processed diamonds, accounting for 72 per cent of the world’s processed diamond share and 80 per cent of India’s diamond exports. With a contribution of 65 to 70 per cent to India’s denim production, Gujarat is the largest manufacturer of denim in the country and the third largest in the world. There are 45 ports, 18 domestic airports and one international airport. There are 106 product clusters and 60 notified special economic zones (SEZs). Large scale investment is expected in Gujarat as part of the US$ 90 billion Delhi-Mumbai Industrial Corridor (DMIC).

According to the Department of Industrial Policy & Promotion (DIPP), Foreign Direct Investments (FDI) inflows in the state of Gujarat reached US$ 17.44 billion during April 2000- December 2017. Gujarat accounted for about 4.97 per cent share in the overall FDI inflows in India. The Vibrant Saurashtra Expo and Summit, was held in Rajkot in January 2016. MoUs worth US$ 341.88 million were realised for the development of various sectors of the state during the event.

Key Sectors:

  • During 2016-17 (up to December 2016), state held 218 agriculture produce market committees (APMCs) and there were 218 main yards and 182 sub-market yards operational in the state.
  • The state government has announced plans for the setting up of brown and green field projects to facilitate environment friendly processing standards in the textile units of the state.
  • As per the state budget 2017-18, allocation of US$1.26 billion was proposed by the Government of Gujarat for the Energy department.
  • By 2020, the state aims to achieve 10 per cent of engineering output from auto and auto components from the existing level of 3.7 per cent.
  • Eight out of 10 diamonds in the world are polished in Surat.
  • During 2016-17, Kandla port handled maximum cargo amongst major ports, estimated at 105.44 million tonne. During April 2017 – January 2018 it has handled 90.99 million tonnes of cargo.

MMTPA – Million Metric Tonnes Per Annum