Why Gujarat

Strategic Location

Gujarat, a state in western India has, since time immemorial, been renowned for its entrepreneurial spirit.

· It is this inherent trait that has made Gujarat spearhead the Indian march for global economic superpower status.

· With many natural and man-made plus points, Gujarat has earned the sobriquet of being the "Growth Engine of India".

· Attractive geographical setting

· Strategically located on the west coast of India

· Gateway to the rich land-locked northern and central hinterland

Strong Economic Credentials

The economic growth indicators of Gujarat have been impressive with an achievement of an average annual growth rate of 10.4 % in the last five years, a figure that is higher than that of the "Asian Tigers". Gujarat contributes to 16% of the industrial production of the country and has also mobilised the highest share (12.7%) of the investments through lEMs in the country.

Why Gujarat

Gujarat is a state located on the west coast of India. With a coastline of about 1,600 km, Gujarat has one of the longest coastal areas of all the states in India. The state has always played an important role in contributing to the economic development of India. It contributes significantly to the national exchequer of India.

Gujarat is one of the leading industrialized states in India. It is one of the best places in India for the manufacturing of textiles, pharmaceuticals, and agro-based and petrochemical products. Gujarat is also one of the states in India where there is an excellent environment and is aptly supported by a responsible and proactive bureaucratic system.

Gujarat is a state that has a huge agricultural industry. This state has more than 10.7 million hectares of cropping area. However, it still offers a tremendous opportunity for investment in the sector. Also, the farmers in the state have adopted some of the most modern techniques of farming and are producing exotic crops that are largely intended to be exported; thus, there is a great scope for investment in the sector and gaining valuable returns on that investment.

The investor-friendly policies of the Gujarat state government,round-the-clock power supply, tremendous road connectivity within the state and to other parts of the country, ready availability of a trained work force, large consumer base, plenty of hardworking and skilled manpower, a simple and transparent procedure for investments, and last but not least, a business-friendly environment. All these combined factors make Gujarat an ideal destination for making an investment.

An investor considering investment in the state will see that it is a wonderland for investing in sectors, such astextiles and apparels, auto and ceramics, agro and food processing, chemicals and petrochemicals, pharmaceuticals, biotechnology, IT, and gas and oil.

Thus, the state of Gujarat offers every thing that an investor would look for before investing. The state has all the traits to become a leading hub for foreign investments. The investor is sure to gain investments in any sector in the state.

· Accelerated yet Stable Reforms Process

o Present leadership is the original reformers

o Broad consensus on importance of reforms

o Reform momentum immune to changing leadership

· Robust Economic Fundamentals

o Strong forex reserves

o Controlled inflation (WPI)

· Escalating Consumerism

o Increasing aspirations

o Rising income

· Focus on Infrastructure Development

o Large investments with higher effectiveness: attracting further global interest

o Local transport

o Air-connectivity (domestic and international)

A pool of wealth creators and major stakeholders across various industrial sectors

· 137,617 km of road network

· 5,188 km of railway network

· 2,200 km gas grid

· 1 International Airport, 6 Domestic Airports and 6 Air-strips

· 23 Power plants

Gujarat is well-connected to major cities in the USA, EU, Asia and other Indian metropolitan cities