India's western-most state has worked hard to position itself as a hub of business and technology. Here is a snapshot of what Gujarat has to offer foreign investors and why it is ranked among India's leading foreign direct investment (FDI) destinations.FDI into Gujarat
FY | Amount (US$ in million) |
2011-12 | 1,001 |
2012-13 | 493 |
2013-14 | 860 |
2014-15 | 1,531 |
2015-16 | 2,244 |
Top 5 Countries for FDI inflows
Country | FDI equityinflows (US$ inmillion) | % age of FDIequity inflows |
Mauritius | 4,890.65 | 39% |
USA | 1,479.25 | 12% |
Singapore | 1,281.34 | 10% |
China | 916.13 | 7% |
Cyprus | 696.52 | 6% |
Top 5 Sectors for FDI inflows
Sector | FDI equity inflows (US$ inmillion) | % age of FDI equityinflows |
Telecom | 1,755.95 | 14% |
Automotive | 1,589.01 | 13% |
Power | 1,422.15 | 11% |
Metallurgy | 1,004.23 | 8% |
Services | 874.02 | 7% |
Above figures from Jan. 2000 to Dec. 2015
- Biotech & Pharma
- Chemicals & Petrochemicals
- Development & Environment
- Engineering & Auto
- Food & Agriculture business
- Oil, gas & power
- Gems & Jewellery
- Information Technology
Gujarat has the distinction of being the rst state to enact the Special Economic Zone (SEZ) Act 2004.
- Multi Product SEZ
- Electronics and IT / ITES 17
- Engineering
- Pharmaceuticals
- Chemicals
- Apparel and Textiles
- Biotech
- Port Based Multi Product SEZ
- Power
- Gems and Jewellery
- Handicrafts and Artisan
- Non-conventional Energy
- Multi services (GIFT)
- Ceramic SEZ (GIDC)
- FTZW (LMJ Warehousing)
Special Investment Regions (SIRs):
- In January 2009, the State Government promulgated a legal framework - The Gujarat Special Investment Regional Ordinance 2009 to create large size Investment Regions and Industrial Areas in Gujarat.
- Complimented with the Government of India strategy of a Dedicated Freight Corridor (DFC) between Delhi and Mumbai.
- The area of 150 km on both sides of the DFC developed as the Industrial Corridor - 38% falling in Gujarat.
- As part of this Delhi-Mumbai Industrial Corridor (DMIC), six mega industrial nodes (four industrial areas and two investment regions) have been proposed for Gujarat.
- Almost one-third of the proposed investments of about $90 billion dollars in DMIC is expected to take place in Gujarat.
Six mega Investment Regions:
- Dholera - Ahmedabad Investment Region
- Vadodara - Ankleshwar Industrial Area
- Palanpur - Mehsana Industrial Area
- Bharuch - Dahej Investment Region as PCPIR
- Surat - Hazira Industrial Area
- Valsad - Umergam Industrial Area
The state claims to offer investors:
- Business-friendly environment
- Investment facilitation
- Inherent entrepreneur skills
- Skilled & educated man power
- Efficient power sector
- Natural resources in abundance
- Connectivity by road, rail, air, sea
- Large consumer base
- SEZ growth engines
- PPP - Public Private Partnership
- Urban Development
- Visionary political leaders
- Highest no. of operating airports in India - 16 Domestic & 1 International
- 15 richest Indians are Gujaratis (Forbes 2015)
- Surat has the largest manmade textile centre in India
- Gujarat has topped the list of 21 states with most investment potential (NCAER State Investment Potential Index 2016)
- Of the top 10 destination states for FDI in the Asia Pacific region in 2015, Gujarat was the top state attracting $12.4 billion in investments
- Gujarat is World's largest producer of processed diamonds
- Amul is Asia's biggest dairy
- Home to India's largest peanut butter manufacturing state
- Gujarat is home to the world's largest scooter manufacturing plant - Honda Motorcycle and Scooter India (HMSI) plant at Vithalapur with a capacity of 1.2 million scooters per annum
- Gujarat ranks first among the states in India in marine fish production
- India's largest producer of pharmaceuticals, chemicals and petrochemicals
- Mundra Port is the world's largest fully mechanised coal terminal with a capacity of 60 MMTPA
Some Promotional Schemes for Industries:
- Assistance for Quality Certification
- Subsidy scheme for Medium & Large industries
- Environment Protection
- Market Promotion & Development Scheme
- Interest subsidy
- Research & Development
- Assistance for tech upgradation
- Cluster development