Economic Growth Gujarat


Gujarat's industrial output was INR 84,808 Crore in 1994-95. This has grown to INR 12,70,125 Crore in 2014-15, which is almost 15 times. Gujarat's installed capacity of electricity was 6241 MW in 1994-95. This has grown to 30,394 MW as of January,2018, which is almost 5 times.

Foregin Direct Investment to Gujrat was INR 18,837 crore up to 2004-05. However, in the previous finacial year alone, Gujrat received INR 22,610 crore wroth of FDI.

FDI into Gujarat grew by almost 4 times between 2013-14 and 2016-17.

FDI into Gujarat in 2016-17 is more than double the FDI received 2014-15($3.36 billion in 2016-17 as against $1.53 billion in 2014-15)

Among Indian States, Gujarat accounted for the highest share in total private corporate investment (FY 2016-17) as per a report by Reserve Bank of india. Gujarat accounted for 22.7% of private corporate investment , followed by Maharashtra at 8.6% .

Good Investment Sectors in India

  • Education, Healthcare, Information Technology, Financial services (Fintech)
  • Rural demand picking up, Rural People significantly consume Consumer Products especially FMCG products this days.
  • Unorganized sector loosing share to benefit the organized players after GST due to Migration towards Branded product.
  • Increased spending by government to revive Rural India.
  • MSP hikes also to result in higher purchasing power with farmers.
  • Residential / Non Residential
  • Public Infrastructure
  • Industrial
  • After disruption in domestic market due to GST, growth is recovering. We expect hat domestic pharma market growth would be in low double digits in the medium term.
  • Grocery , Clothing, Hyperlocal
  • Growth in select economic and industry parameters

    • Gujarat's machinery sector output grew at a CAGR of over 47%
    • Investment in Auto and Auto Components in Gujarat has doubled
    • Gujarat's dairy products output grew at a CAGR of 23%
    • Gujarat's plastics output grew at a CAGR of cover 13%
    • Gujarat's pharmaceuticals output grew at a CAGR of over 12%
    • Gujarat's machinery sector output grew at a CAGR of over 10%
    • Gujarat's chemicals output grew at a CAGR of over 8%
    • Gujarat's textile output grew at a CAGR of over 7%
    • (CAGR- Compound Annual Growth Rate)

    Gujarat is India's leading exporter of several commodities

    • 98% of castor oil exports(1st Rank)
    • 61% of petroleum products exports(1st Rank)
    • 58% of groundnut exports(1st Rank)
    • 50% of inorganic chemical exports(1st Rank)
    • 39% of organic chemicals exports(1st Rank)
    • 35%of fertilizer exports(2nd Rank)
    • 30% of cotton fabrics and madeups(1st Rank)