The Only State in India to emerge ‘Investor Friendly’ even in World Economy Downturn : Gujarat emerges to be an Industrial hub with India’s most Industralised State. Gujarat pays a 27% tax of India. With Vibrant Gujarat Summits, it is evident that Gujarat has the highest success rate of projects implemented in the Country. Gujarat’s Industrial Policy 2009 is geared for catalyzing Robust, Sustainable and Inclusive Growth. The Industry in Gujarat has evoked new models of development. Enhancing IRs and SIRs while traversing through Product Clusters, Industrial Estates, Industrial Parks and SEZ, these phases have met with success and co-exist as Gujarat plunges to expansion with Business growth. Increasing Industrial activity in Gujarat has led to vast Business Resources and immense prosperity for the people of Gujarat. Chemicals, Petrochemicals and Pharmaceuticals Gujarat is India’s ‘Petro Capital’ State with 30% of Petrochemicals, 50% Chemicals and Pharmaceuticals business. Ranking on top in Marine Production, Fisheries and Ports, the state has manufacturing India’s 90% soda ash, 70% salt and 20% caustic soda. Petroleum and chemicals and Petroleum Investment Region (PCPIR) is being set up at Dahej which may further add to strengthen the sector base. Gujarat is the hub of Pharmaceutical Industry, the most developed and cost competitive sector with over 3245 manufacturing licenses and 42% of India’s pharmaceutical turnover and 22 % of India’s exports. Agro and Food processing Gujarat tops Agri Growth table at 9.6% with Agriculture Infrastructure achieving maximum growth between 200-2008. The state government offers financial support and incentives for agro industrial projects under the ambit of infrastructure, marketing, research and development and facilitation of projects. The agro & food processing industry in Gujarat is well established in terms of natural resources, skilled labour, enterprising farmers and a strong marketing network. Gujarat is on Development of Agro Export Zones. The state has initiated a provision for providing support to private sector industries, apex cooperative institutions and Agriculture Product Marketing Committees (APMCs) for setting up of Centres of Excellence/ Specific Crop Development Institutes Textiles and Apparels Known as the Manchester of the East and Denim City, Gujarat’s six percent of total Industrial Production comes from textile industry. It is the largest producer (35%) and exporter (60%) of cotton and is the third largest denim producer in the world. It offers India’s 12% textile exports. Gems and Jewellery Gems and Jewellery Business in Gujarat is the fastest growing sectors in the country. Supported by Policy Initiatives by the Government, in addition to cutting and polishing of Diamonds, processing and jewellery design has also gained prominence. Hand made, traditional and modern designs with skilled labour, Gujarat has the distinction of second largest producer of Gold Jewellery with 85% contributing share to national jewellery production. Gujarat contributes 80% to Diamond Exports. Port Led Development The Port Led Development has taken pioneering Initiatives to Port Infrastructure Sector. A key factor expected to influence the creation of Business opportunities along the ports is the DMIC (Delhi Mumbai Industrial Corridor) which will have excellent connectivity to non major ports (Mundra, Pipavav, Dahej, Dholera, Hazira and Maroli). This will facilitate movement of Cargo between the Ports and the States, through which DMIC passes. Automobile sector & Engineering The Vibrant Summit has catapult immense growth for the automobile cluster. Low cost, low risk and high efficiency Auto cars and car component units set its pace in Gujarat. The Nano Car, Sanand and CEAT company’s new radial tyre plant in Halol are evident to fact that the Automobile sector is bound to emerge as significant contributor to massive employment generation. Even, General Motors Car manufacturing unit at Halol indicates Auto Hub Growth Sector.
Posted on: Sat, 26 Oct 2013 13:43:56 +0000
Trending Topics
Recently Viewed Topics
© 2015