Investor's Corner

SOCIO ECONOMIC
SNAPSHOT OF GUJARAT

6% contribution to India's land mass.
8.3% contribution in India's Gross Domestic Product (GDP) as of FY 2022-23.
Gujarat's total population is around 7.15 Crores (As per UIDAI projections).
As per the Periodic labour Force Survey (2020-2021), Gujarat had
- Labour Force Participation Rate (LFPR) of 44.3% as compared to national average of 41.6%.
- Worker Population Ratio (WPR) of 43.3% (for all age groups) as compared to national average of 39.8%.

43%

living in urban areas

Urban Population

USD
3944

(FY 2022-23)

GDP per capita

12%

(FY 2016-17 to FY 2022-23)

GSDP Growth Rate in last 7 years

17%

(October 2019 to March 2023)

Foreign Direct Investment(FDI)

ENABLING INFRASTRUCTURE

Land bank
Utilities
Logistics & Connectivity

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:
- Bulk Drug Park
- PM MITRA Park
- Medical Device Park
- Agro-food Park
- Sea-food Park
- Ceramics Park
- Vehicle Scrappage Park
- Tribal Park

Utilities

Power
- The State is power abundant with around ~52.5 GW power generation capacity.
- With 28.4 GW of RE, Gujarat contributes ~15% to India’s total RE capacity and ranks 1st in Wind Energy (11.8 GW) and 2nd in Solar Energy (14.4 GW) in India.
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

Logistics and Connectivity

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 40% of India’s cargo movement.
Rail
- 5,200+ 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%
- Optical Fiber Network of around 36,000 kms.

MEGA PROJECTS

GIFT CITY

Gujarat International Finance Tec-City (GIFT City)

Gujarat International Finance Tec-City (GIFT City), Dholera Special Investment Region (DSIR), Diamond Research & Mer- cantile City (DREAM) City, World's Largest Solar-Wind Hybrid Renewable Energy Park.

Ahmedabad-Mumbai High Speed Rail (Bullet Train)

The Ahmedabad-Mumbai High-Speed Rail project marks a significant leap forward in India's transportation landscape, linking two key economic hubs with remarkable speed and efficiency.

DREAM CITY

Diamond Research & Mercantile (DREAM) City

Spread over 2,000 acres, DREAM City is the world's largest single complex / office in the southern part of Surat and close to the Dumas airport.

Manufacturing Hub of India

Make in Gujarat for world - Share of manufacturing as a % of State GDP stood at 35% as compared to national share of 15%.
Gujarat accounts for 18% to India to India's Industrial output with 11% of India's factories.
State's GSDP was valued at INR 19,57,583 Crore (US$ 245 Billion) at current price in FY 2021-22.
A substantial base of over 13 lakh MSMEs (Udyam Registration) across the value-chain.