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Gujarat’s
relentless quest for all-round development is bearing
fruits. For one of the youngest states of the Indian
federation, Gujarat’s track record is impressive
by far. Formed only in 1960, the state has made rapid
progress on all fronts, be it economic growth, human
resource development, or diversifying its industrial
base. At the time of its creation, it was largely an
agrarian economy with little industrial base. Today
it accounts for nearly 19% of the total industrial investments
in India and has emerged as a leading industrial State
in the country. In a very short time, it has evolved
into an economy dominated primarily by the manufacturing
and the service sector.
Located
on the Western coast of India, Gujarat has the longest
coastline in the country of about 1600 kms. Lying on
the busy Delhi-Bombay railway/road linkage in the country,
it is well connected to the prosperous north and south.
Its
long coastline gives it a natural advantage to play
host to foreign trade and considering its location and
its connectivity to the rest of the country Gujarat
is the natural "Gateway" to the fast growing
economies of northern and central India, which accounts
for about 35% of the country’s GDP. Gujarat, today,
is one of the nerve centres of economic activity in
the country. The largest share of Foreign Direct Investment
which has come to the state in the post-liberalisation
era bears an ample testimony to it. Conducive business
environment, abundance of natural resources, skilled
and semi-skilled manpower, proximity to markets, responsive
administration are just a few reasons why Gujarat has
attained a leading position.
Successive
governments in Gujarat have focussed on creating a profit-driven
environment that helps businesses achieve long-term
success. This has been done by steadily implementing
a program of structural reforms to make Gujarat a vibrant
economy, which is growing at a real rate of 6.55% per
annum.
Growing
industrialisation of the State, increasing needs of
the people for better quality of life and the need to
cater to the burgeoning trade through the hinterland
has put tremendous pressure on the existing infrastructure
in the State. Therefore there is a clear need for World
Class Infrastructure to sustain this rapid pace of economic
growth.
>>Central
Government Ministry :
>>Export
Promotion Council-(INDIA):
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