OVERVIEW OF GUJARAT
Gujarat has a strategic location – it is well connected to the major cities of the world, both by air and sea routes. The state has direct international flight connectivity to cities across Europe, Middle East, East Asia and America. Gujarat has a coastline of 1,600 Km with 42 ports that connect to major sea-based trade route and trade centers like Middle East, West Europe, Asia and upcoming destinations on the African Continent. The state also acts as a gateway to landlocked states of India connecting to them by road, rail and air thereby boosting their trading opportunities.
STRONG FUNDAMENTALS
Gujarat ranked #1 in Logistics in the country according to the National Logistics Index 2019.
- Gujarat ranked #1 in Export Preparedness Index 2020. Moreover, it ranked #3 in National Council of Applied Economic Research’s State Investment Potential Index (N-SIPI) in 2018. The State has 49 ports, including 1 major port and 48 non-major ports. The State also has 17 airports, including 1 international airport.
- There are currently 20 operational Special Economic Zones (SEZs), 8 notified Special Investment Regions (SIR) and 202 Industrial Estates in Gujarat. Delhi Mumbai Industrial Corridor (DMIC) provides further impetus for industrial growth in Gujarat as 38% of the corridor lies in the state.
- Gujarat International Financial Tec-City (GIFT City) in Ahmedabad is the country’s first International Financial Services Centre (IFSC) that caters to customers outside the jurisdiction of the domestic economy.