Latest update: December, 2019
Last Updated: December, 2019
GUJARAT State Report | December, 2019
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 Rs 17.01 trillion (US$ 243.38 billion) during 2019-20. The state’s GSDP grew at a CAGR of 13.53 per cent, during 2011-12 to 2019-20.
As of November 2019, Gujarat had an installed power generation capacity of 34,544.67 MW (comprising 8,565.57 MW under state utilities, 21,387.61 MW under private utilities & 4,591.49 MW under central utilities).
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 July 2018, Gujarat had four refineries with a combined capacity of 101.9 MMTPA.
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 42 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).
As of November 2019, Gujarat had 20 operational SEZs. In addition to operational SEZs, Gujarat had four SEZs with valid in-principle approvals, 28 SEZs with formal approvals and 24 SEZs with notified approvals.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investments (FDI) inflows in the state of Gujarat reached US$ 23.18 billion from April 2000 to June 2019. Gujarat accounted for about 5 per cent share in the overall FDI inflows in India.
Total exports from the state stood at US$ 67,401 million during 2018-19 and US$ 33,176 million in April-September 2019.
As of March 2019, 79 Agricultural Produce Market Committees (APMCs) are linked with the National Agriculture Market (eNAM).
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.
In the State Budget 2019-20, US$ 1.54 billion has been allocated by the state government for Health & Family Welfare department under Plan & Non-Plan expenditure.
Eight out of 10 diamonds in the world are polished in Surat.
During 2018-19 Deendayal (Kandla) port handled maximum 115.40 million tonnes of cargo traffic and reached 82.20 million tonnes during April-November 2019.
MMTPA – Million Metric Tonnes Per Annum, GWH-Giga Watt Hour
Last Updated: February 17, 2020