When Gujarat
was formed as a separate State in the Union of India in 1960, the economy
was largely dependent on agricultural activities. With less than one acre
per capita of cultivable land, the policy planners then, decided to bring
about rapid economic growth by accelerating the pace of industrialisation.
The industrial activities then, were centred around textiles and its auxiliaries
and furthermore, confined to only four city centres of Ahmedabad, Vadodara,
Surat and Rajkot.
Following
the path of industrialisation vigourously, today the industrial base of
Gujarat is not only well diversified but is fairly spread all over the
State.
Thanks largely
to the pragmatic policies implemented by the Government and the enterprising
nature of its people, Gujarat today accounts for a substantial share in
the manufacture of various products in India, contributing almost 100%
of Acrilonitrile, Cyanide Salts, PMMA, PP, Melamine, Sodium Bi-carbonate
and Phosphorous and as much as over 80% of Soda Ash, Xylene, Elastomer
and LDPE.
Thirsty as
ever to progress continually, the Government of Gujarat is constantly in
the process of identifying new avenues of investment opportunities
not only in the industrial sector, but in other sectors as well including
the infrastructure and service sectors as well.
The state
invites investment proposals in industrial sectors like chemicals, petrochemicals,
pharmaceuticals, engineering, minerals, electronics as well as IT in addition
to the tourism and infrastructure projects. Following are the broad areas
in which investment opportunities are identified : |
