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Invest in Gujarat

Socio Economic Snapshot of Gujarat

49% (living in urban areas)

Urban Population

4,108 USD (FY 2023-24)

GDP per capita

26% (FY 2011-12 to FY 2023-24)

GSDP Growth Rate in last 7 years

15.88% (Oct. 2019 to Mar. 2025)

Foreign Direct Investment(FDI)

6% contribution to India's land mass.

8.2% contribution in India’s Gross Domestic Product (GDP) as of FY 2023-24.

Gujarat’s total population is around 7.32 Crores (As per UIDAI projections for the year 2025).

To further strengthen the sector specific investments and infrastructure, the State has also announced several sector specific industrial parks such as:

  • Labour Force Participation Rate (LFPR) of 49.6% as compared to national average of 45.1% (for all age groups).

  • Worker Population Ratio (WPR) of 49.1% (for all age groups) as compared to national average of 73.7% (for all age groups).

  • The State has 200+ industrial estates with close to 100 private industrial parks.
  • To further strengthen the sector specific investments and infrastructure, the State has also announced several sector specific industrial parks such as:
    • PM MITRA Park
    • Bulk Drug Park
    • Medical Device Park
    • Agro-food Park
    • Sea-food Park
    • Ceramics Park
    • Vehicle Scrappage Park
    • Tribal Park
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Power

  • The State is power abundant with around 62 GW power generation capacity as against the average demand of 25 GW.
  • With 38 GW of RE, Gujarat contributes ~ 16% of India’s total RE capacity and ranks 1st in Wind Energy (14.08 GW) and 2nd in Solar Energy (21.9 GW).
  • The State has also developed India’s first 24x7 solar-powered village (Modhera) in 2022.

Gas

  • The only Indian state with an integrated state-wide operational Gas Grid of 2,700 kms connecting major industrial hubs.

Water

  • State-wide Water Grid: Narmada Canal Network - 62,778 kms.
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  • Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR) – India’s first PCPIR.
  • Dholera Special Investment Region (DSIR)- A greenfield industrial smart city planned and location approximately 100 km southwest of Ahmedabad.
  • Mandal Becharaji Special Investment Region (MBSIR)- Spread over more than 101 sq. km, Mandal Becharaji Special Investment Region (MBSIR) is a new industrial hub planned by the Government of Gujarat.
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Road

  • Over 2,20,000 kms of well-surfaced roads which includes National Highways, State Highways & District Roads.

Port

  • 1 major port and 48 non-major ports handling 39% of India’s cargo movement.

Rail

  • 5,220+ kms railway route length.
  • Upcoming High-Speed Rail between Ahmedabad & Mumbai.

Air

  • 19 operational airports and airstrips with 4 International airports (Ahmedabad, Rajkot, Surat, and Vadodara).
  • Upcoming India’s largest airport in Dholera.

Communication

  • Tele-density of 93% as against 85% of India.
  • Optical Fiber Network of around 36,000 kms.
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Mega Projects

Gujarat International Financial Tec (GIFT) City

GIFT City is India’s 1st operational Smart City, which houses India’s only International Financial Service Centre (IFSC), with world class infrastructure for offshore and international transactions in banking, insurance, and capital markets. It is a vertical city with integrated development on 886 acres of land with 62 Mn sq. ft. (5.5 million sq. mts.) of Built-Up area. GIFT City has a committed investment of USD 1.57 Bn with a work force of 10,000 professionals across 225 companies.

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Gujarat International Financial Tec (GIFT) City

GIFT City is India’s 1st operational Smart City, which houses India’s only International Financial Service Centre (IFSC), with world class infrastructure for offshore and international transactions in banking, insurance, and capital markets. It is a vertical city with integrated development on 886 acres of land with 62 Mn sq. ft. (5.5 million sq. mts.) of Built-Up area. GIFT City has a committed investment of USD 1.57 Bn with a work force of 10,000 professionals across 225 companies.

Delhi Mumbai Industrial Corridor (DMIC)

Delhi - Mumbai Industrial Corridor is one of the world’s largest infrastructure projects by Govt. of India with an estimated investment of USD 90 billion (~INR 6.4 lakh crore). It is planned as a high-tech industrial zone spread across six states over a 1,500 km long Western Dedicated Freight Corridor (DFC). Around 38% of the DMIC will pass through Gujarat with 6 of the 24 industrial nodes identified across the DMIC in Gujarat.

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Preferred Investment Destination

Gujarat received Foreign Direct Investment (FDI) worth INR 3.47 Lakh Crore (~USD$ 45 billion) from October 2019 to March 2025.

Around 30% growth in FDI recieved compared to FY 2022-23.

Gujarat accounted for 22% of the Industrial Entrepreneur Memorandum (IEMs) implemented in 2023 (INR 61,945 Cr), highest by any States / UT in India.

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A Pioneering State with Many Firsts

Best Performer in State Startup Ranking Framework since 2018.

Top Performer/Achiever in BRAP ranking since 2015.

1st in Good Governance Index in 2021.

Top Achiever position in Logistics Ease Across Different State (LEADS) index in 2023, 2022 and ranked 1st in 2021, 2019, 2018

Top Performer in NITI Aayog’s State Energy & Climate Index 2022

Ease of Doing Business

The Government of Gujarat, with its outstanding infrastructure, connectivity, and qualified workforce, has been taking several initiatives to improve the business climate in the state under the "Ease of Doing Business" (EODB) Initiative. Currently, following initiatives are being implemented under Ease of Doing Business.

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Investor Facilitation Portal

  • Over 200 approvals / licenses pertaining to 18 departments available online  https://ifp.gujarat.gov.in

  • Dedicated Investor Desks & Relationship Manager to handhold, facilitate and assist companies/ investors.

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Gujarat Single Window Clearance Act 2017

Online issuance of approvals, clearances licenses, and certificates within defined timelines.

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Digitized Land Bank

GIS-based map providing real-time information of industrial land parcels.

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MSME Act 2019

Exemption to MSMEs from obtaining approvals for a period of 3 years; can start operations immediately.

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Self Certification

Online Development Permission System (ODPS) 2.0 provides construction permission based on self-certification.

Policy Led Governance

IT/ITeS Policy

Gujarat Textile Policy 2024:

Gujarat has the presence of the entire Textile and Apparel value chain, from raw material availability, yarn production, fabric production to the manufacturing of apparels and made-ups. In light of this, Government of Gujarat had formulated the Gujarat Textile Policy 2024, aiming to augment investments in the textile sector and to strengthen the textile value chain across each sub-sector, while also focusing on strengthening the garments and apparels as well as technical textiles industry. The development of the upcoming Greenfield prestigious Pradhan Mantri Mega Integrated Textile Regional and Apparel (PM-MITRA) Textile Park in Gujarat coupled with the Government of Gujarat’s focus on promoting Women Entrepreneurs, MSMEs and Youth has also been included in the policy.

Aatmanirbhar Gujarat Scheme for assistance to Industries 2022

IT/ITeS Policy 2022

Student Start up and Innovation Policy 2022

The Drone Promotion and Usage Policy 2022

Semi-Conductor Policy 2022-27

Biotechnology Policy 2022-27

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Ease of Living in Gujarat