Economy of Gujarat

Industrial development

Gujarat has one of India's largest industrial ecosystems. Industrial development is organised through a combination of government-developed industrial estates, special investment regions, special economic zones, private industrial parks, port-led industrial clusters and sector-specific development policies.

Major industrial corridors include the Ahmedabad–Sanand–Hansalpur–Becharaji corridor, Ahmedabad–Gandhinagar–GIFT City, Dholera Special Investment Region, Vadodara–Halol, Bharuch–Dahej–Ankleshwar, Surat–Hazira, Vapi–Valsad, Rajkot–Morbi, Jamnagar and Kutch–Mundra.

Gujarat Industrial Development Corporation

The Gujarat Industrial Development Corporation (GIDC) is a state-owned industrial infrastructure corporation responsible for developing and managing industrial estates and associated infrastructure across Gujarat.

GIDC's industrial-estate network includes manufacturing clusters for chemicals, pharmaceuticals, engineering, textiles, automobiles, food processing, electrical equipment and other industries.

GIDC's FY2026–27 industrial-estate information includes estates and industrial areas across Ahmedabad, Amreli, Anand and other districts and is used for land-allotment and industrial-investment planning.

Viksit Gujarat Industrial Policy 2026

The Viksit Gujarat Industrial Policy 2026 is Gujarat's current overarching industrial-policy framework. It was launched in June 2026 and is effective from 1 June 2026 for a five-year period.

The policy seeks to attract approximately ₹10 lakh crore of fresh investment during the policy period and to increase manufacturing scale, employment, exports, research and development, sustainability and integration with global value chains.

The policy framework covers capital-intensive manufacturing as well as knowledge-intensive and technology-oriented activities. Priority areas include:

• green energy and green hydrogen;
• automobiles and electric mobility;
• electronics and semiconductor manufacturing;
• capital equipment and industrial machinery;
• pharmaceuticals, healthcare and medical devices;
• textiles and technical textiles;
• agro and food processing;
• gems and jewellery;
• metals and mineral processing;
• sustainability and recycling technologies; and
• advanced and emerging technologies.

The policy also provides for differentiated assistance according to project size, sector and location, with additional institutional support for R&D, industrial infrastructure, skills and global-value-chain participation.

THRIVE industrial relocation scheme

In September 2026, the state government reserved a total of about 1,700 acres of land, comprising roughly 1,100 acres in Surendranagar district and 600 acres in Kheda district, to relocate industries operating within Ahmedabad city limits under a scheme called THRIVE (Transition for Harmonized Relocation and Inclusive Vibrant Economy). Priority for allotment in the new industrial clusters is to be given to units in GIDC estates within Ahmedabad, with units on private land within city limits also eligible. The relocation drive follows repeated directions from the Gujarat High Court favouring the shifting of industrial units out of Ahmedabad to improve the city's urban environment.

MSMEs

Micro, small and medium enterprises constitute a major component of Gujarat's manufacturing economy. Government programmes support MSME capital investment, technology upgrading, infrastructure, access to markets, skills and integration with larger industrial and export supply chains.

Special economic zones

Gujarat has a broad network of Special Economic Zones (SEZs). As of December 2025, the state had 22 operational SEZs, covering sectors such as pharmaceuticals, textiles, engineering, chemicals, electronics, information technology and port-based multi-product manufacturing.

Important SEZ locations include Ahmedabad and Gandhinagar for IT and technology activities, Bharuch for chemicals and manufacturing, Kutch for port-based and renewable-energy-related activities and other industrial locations across the state.

GIFT City

Gujarat International Finance Tec-City (GIFT City) is a planned business district between Ahmedabad and Gandhinagar. It contains a Special Economic Zone and the International Financial Services Centre (IFSC), together with a Domestic Tariff Area.

GIFT City has developed as an international financial and business-services centre. Activities include international banking, capital markets, fund management, insurance, fintech, aircraft leasing, ship leasing, bullion trading, global in-house centres and related professional services.

GIFT City's official information reported more than 1,000 operational entities, more than 20,000 employment opportunities, more than 29 million square feet allotted and more than US$100 billion in banking assets as of September 2025.

International financial institutions, global reinsurers and corporate treasury operations have increasingly established or planned operations at GIFT IFSC. Reuters reported in 2026 that firms including Adani, Bharti Airtel, Genpact and ZF were planning treasury operations in GIFT City and that global reinsurers were seeking entry through the IFSC.

Global Capability Centres

The Gujarat Global Capability Center (GCC) Policy 2025–30 is intended to establish Gujarat as a location for high-value Global Capability Centres operated by multinational and large domestic enterprises.

The policy targets:

The policy focuses on high-skilled employment, R&D, digital transformation, specialised skills, global-value-chain integration and modern physical and digital infrastructure.

Its incentives include employment-generation assistance, interest support, electricity-duty reimbursement, rental assistance under eligible infrastructure models, skill-development support and quality-certification assistance.

For eligible new local employees, the policy provides one-time employment-generation assistance of up to ₹50,000 per male employee and ₹60,000 per female employee. Eligible units can receive interest assistance of 7% on term loans or actual interest paid, subject to an annual ceiling of ₹1 crore and other policy conditions.

Science, technology and innovation

The Gujarat Science, Technology and Innovation Policy 2026–31 was launched in March 2026 to strengthen research, indigenous technology development and advanced-technology industries.

The policy establishes a ₹1,000 crore Innovation Fund and targets the development of 1 lakh highly skilled research professionals by 2031. It also targets more than 1,000 annual intellectual-property filings, including more than 500 patents.

Strategic technology areas include artificial intelligence, semiconductors, quantum technologies, biotechnology, green energy, energy storage, defence, space technology, drones, cybersecurity, robotics, medical technology and other deep-technology sectors.

Electronics and semiconductor industry

Gujarat has become a major Indian location for semiconductor fabrication, semiconductor assembly and testing, electronics manufacturing and related supply chains.

The Government of Gujarat's semiconductor policy supports eligible semiconductor fabs, display facilities, compound semiconductors and semiconductor assembly, testing, marking and packaging projects through land facilitation, utility support, approvals and fiscal assistance in coordination with India's semiconductor programme.

Tata Electronics Dholera semiconductor fab

Tata Electronics is developing a semiconductor fabrication facility at Dholera Special Investment Region in partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan.

The project has an announced investment of approximately ₹91,000 crore and a planned production capacity of 50,000 wafer starts per month (WSPM).

The fab is intended to produce semiconductor devices for automotive, communications, power electronics, high-performance computing and other applications.

In May 2026, Tata Electronics and ASML announced a strategic partnership covering lithography tools, talent development, supply-chain resilience and R&D infrastructure for the Dholera fab.

Dholera semiconductor SEZ

In April 2026, the Government of India notified an electronic-hardware and software SEZ at Dholera associated with Tata Semiconductor Manufacturing Private Limited.

The notified SEZ covers approximately 66.166 hectares and has a proposed employment potential of approximately 21,000 people.

Sanand semiconductor cluster

Sanand has developed into a major semiconductor assembly, testing and electronics manufacturing cluster.

Micron Technology opened its semiconductor assembly and test facility in Sanand in February 2026. The company stated that the first phase represented a combined investment of approximately US$2.75 billion and included more than 500,000 square feet of cleanroom space once fully ramped.

CG Power and Industrial Solutions, in partnership with Renesas Electronics and Stars Microelectronics, is developing a semiconductor OSAT facility in Sanand with an announced investment of approximately ₹7,600 crore and planned capacity of up to 15 million chips per day.

Kaynes Semicon has also established a semiconductor facility in Sanand under India's semiconductor programme.

Dholera Special Investment Region

Dholera Special Investment Region (Dholera SIR) is a greenfield industrial and economic-development region in Gujarat and forms part of the Delhi–Mumbai Industrial Corridor.

Dholera is being developed as an integrated industrial city combining advanced manufacturing, utilities, logistics, transport infrastructure, residential and commercial development.

Its strategic economic sectors include semiconductors, electronics, renewable energy, advanced manufacturing, aerospace-related activities, logistics and technology.

Dholera International Airport

The Dholera International Airport is being developed to serve the Dholera industrial region and surrounding areas.

A July 2026 review by the Ministry of Civil Aviation reported that approximately 75% of the terminal building had been completed, while the primary runway, taxiway and air-traffic-control tower had reached completion milestones.

The planned airport infrastructure includes:

The airport is intended to support industrial, logistics and business activity in the Dholera region.

UAE–Dholera investment cooperation

In January 2026, India and the United Arab Emirates signed a Letter of Intent concerning investment cooperation for development of Dholera. The proposed areas included an international airport, pilot-training school, maintenance, repair and overhaul (MRO) facilities, greenfield port, smart urban township, railway connectivity and energy infrastructure.

The Letter of Intent represents investment cooperation and proposed development rather than evidence that all listed facilities were under construction.

Ahmedabad–Sanand–Hansalpur–Becharaji automobile corridor

The Ahmedabad region has developed a large automotive manufacturing ecosystem covering conventional automobiles, electric vehicles, powertrains, automotive components, batteries and vehicle exports.

Hansalpur–Becharaji

Maruti Suzuki India operates a major manufacturing facility at Hansalpur in Ahmedabad district.

In July 2026, Maruti Suzuki began commercial production at the fourth Hansalpur plant, increasing the facility's total annual production capacity from approximately 750,000 vehicles to 1 million vehicles per year.

The facility's cumulative investment was reported at approximately ₹25,288.7 crore, including approximately ₹3,900 crore for Plant D.

The fourth plant initially produces the battery-electric e VITARA. The Hansalpur facility also manufactures the FRONX, Baleno and Swift.

The facility occupies approximately 640 acres and has an integrated supplier park. Maruti Suzuki reported that Hansalpur accounted for approximately 47% of its overall overseas vehicle shipments in FY2025–26.

The plant also operates an in-plant railway siding under the PM GatiShakti framework. Maruti Suzuki reported that more than 750,000 vehicles had been dispatched through the siding by 2026.

Sanand automobile cluster

Sanand is a major automotive and industrial manufacturing centre. The cluster includes Tata Motors, Maruti Suzuki's upcoming manufacturing investment, automotive component manufacturers and supporting engineering industries.

Tata Motors manufactures passenger vehicles and electric vehicles in Sanand. The former Ford India manufacturing facility was acquired by Tata Motors and incorporated into the company's Gujarat manufacturing footprint.

Dahej–Bharuch petrochemical cluster

The Dahej region of Bharuch district forms one of India's major petroleum, chemical and petrochemical clusters.

The Gujarat Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) covers approximately 453 square kilometres, including approximately 230 square kilometres of processing area.

ONGC Petro additions Limited (OPaL) is the anchor project of the Dahej PCPIR. Its integrated petrochemical complex includes an ethylene cracker of approximately 1.1 million tonnes per annum and propylene capacity of approximately 0.6 million tonnes per annum.

The Dahej industrial region includes:

• petrochemicals;
• specialty chemicals;
• plastics and polymers;
• pharmaceuticals;
• fertilizers;
• LNG and gas infrastructure;
• port-based manufacturing;
• industrial gases;
• engineering;
• logistics; and
• related downstream manufacturing.

Ankleshwar–Bharuch chemical cluster

Ankleshwar and surrounding parts of Bharuch district form one of India's major chemical and pharmaceutical manufacturing clusters.

Products and activities include basic chemicals, specialty chemicals, dyes, pigments, agrochemicals, pharmaceutical intermediates and finished pharmaceutical products.

The Ankleshwar–Bharuch region is integrated with the Dahej PCPIR and other industrial estates in central and south Gujarat.

Vapi–Valsad industrial cluster

Vapi and the wider Valsad district form one of south Gujarat's important industrial clusters.

Industries include chemicals, pharmaceuticals, paper, dyes, specialty chemicals, engineering, medical devices and allied manufacturing.

The location provides industrial access to the Mumbai–Ahmedabad economic corridor, western ports and the Mumbai–Ahmedabad High-Speed Rail corridor.

Vadodara–Halol industrial corridor

Vadodara is a major centre for chemicals, pharmaceuticals, engineering, electrical equipment, industrial machinery and petrochemicals.

Halol contains automotive, heavy-engineering and industrial-equipment manufacturing, including facilities associated with JCB, Hero MotoCorp and JSW MG Motor India.

Rajkot engineering and machine-tool cluster

Rajkot is one of India's major engineering and manufacturing clusters.

The regional industrial base includes machine tools, CNC machinery, foundries, castings, forgings, pumps, bearings, diesel engines, electric motors, automotive components, agricultural machinery and industrial equipment.

Jamnagar petroleum, petrochemical and new-energy cluster

Jamnagar is a major petroleum-refining and petrochemical centre and contains the Jamnagar Refinery complex.

The region is also becoming a major centre for renewable-energy manufacturing through Reliance Industries' New Energy programme.

Reliance New Energy Giga Complex

Reliance Industries is developing the Dhirubhai Ambani Green Energy Giga Complex at Jamnagar as an integrated clean-energy manufacturing ecosystem.

The complex covers more than 5,000 acres and is planned to contain manufacturing facilities covering solar photovoltaic products, batteries, electrolysers, green hydrogen, fuel cells and other clean-energy technologies.

Reliance solar manufacturing

Reliance is developing an integrated solar photovoltaic value chain at Jamnagar covering upstream materials, wafers, solar cells, modules and associated solar-glass manufacturing.

The company has been developing Heterojunction Technology (HJT) solar-cell and module manufacturing as part of this integrated production platform.

Reliance reported that solar PV cell and module manufacturing lines had entered operation during FY2025–26 and that its Jamnagar new-energy manufacturing programme was being expanded in phases.

Battery and hydrogen manufacturing

Reliance is also establishing battery and electrolyser manufacturing facilities at Jamnagar.

The company's New Energy programme is intended to combine renewable-energy generation and manufacturing, energy storage, hydrogen production and associated power-electronics technologies.

Renewable energy and energy storage

Gujarat has a large renewable-energy and clean-energy manufacturing sector.

Major areas include:

• solar power;
• wind power;
• solar photovoltaic cells and modules;
• batteries and energy storage;
• green hydrogen;
• electrolysers;
• fuel cells;
• power electronics;
• renewable-energy transmission infrastructure.

Kutch is a major renewable-energy-generation region, while Jamnagar is developing large-scale clean-energy manufacturing.

In April 2026, a ₹3,650 crore Khavda Pooling Station-2 and associated 4.5 GW renewable-energy transmission project was inaugurated, strengthening grid evacuation capacity from the Khavda renewable-energy zone.

Food processing and agro-industry

Food processing connects Gujarat's agricultural base with manufacturing, domestic consumption and export markets.

Major agricultural and food-processing inputs include groundnut, cotton, fruits, vegetables, spices, cereals, dairy products and marine products.

The Gujarat Agro Industries Corporation (GAIC) promotes agro-processing and agricultural infrastructure and serves as Gujarat's nodal agency for various programmes of the Ministry of Food Processing Industries.

GAIC identifies investment opportunities in:

• banana pack-houses and processing;
• tomato processing;
• organic milk and dairy products;
• enzymes for food processing;
• peanut-butter manufacturing;
• potato processing;
• sesame and edible-oil processing;
• refined sugar;
• banana-fibre processing;
• onion cold storage;
• egg-powder production;
• natural food colours;
• spice-processing and cryogenic grinding;
• shrimp farming and processing;
• food parks; and
• terminal markets.

The PM Formalisation of Micro Food Processing Enterprises (PMFME) programme is implemented in Gujarat through GAIC and supports formalisation, credit access, common infrastructure, branding, packaging, storage, training and technical assistance for eligible micro food-processing enterprises.

Major food-processing regions include Anand and Kheda for dairy, Saurashtra for groundnut and oilseed processing, north Gujarat for agriculture and dairy, south Gujarat for fruit and agricultural processing and coastal districts for marine products.

Textiles and apparel

Textiles remain a major part of Gujarat's industrial economy.

Surat is one of India's principal textile-manufacturing and trading centres, with extensive activity in synthetic fabrics, yarn, textile processing, embroidery, garments and trading.

Ahmedabad has a long-established cotton and textile industry, while other parts of Gujarat contain spinning, weaving, processing and apparel manufacturing.

The Gujarat Textile Policy 2024 supports investment in garments, apparel, made-ups, technical textiles, weaving, knitting, dyeing, processing, texturising, twisting, selected man-made-fibre spinning and embroidery.

For eligible units, the policy provides capital and interest support, power-tariff assistance and payroll assistance. For specified categories in Category-1 and PM MITRA Park, capital subsidy can reach 35% of eligible fixed capital investment up to specified limits, with additional interest and payroll support subject to policy conditions.

PM MITRA textile park

Gujarat is one of the seven states selected for a PM MITRA Park.

The Gujarat PM MITRA Park is located in Navsari district. The Government of India has allocated an overall PM MITRA scheme outlay of approximately ₹4,445 crore for the seven parks through 2027–28.

The PM MITRA scheme is intended to integrate spinning, weaving, processing, dyeing, printing, garmenting and related textile activities within large industrial parks. The scheme estimates an investment potential of approximately ₹10,000 crore and up to 3 lakh direct and indirect employment opportunities per park once fully developed, although actual investment and employment vary by park and implementation stage.

Gems and jewellery

Surat is one of the world's largest diamond-cutting and polishing centres.

The sector includes rough-diamond trading, cutting and polishing, jewellery manufacturing, laboratory-grown diamonds, logistics, finance and associated business services.

The Surat Diamond Bourse has expanded the city's role as a large integrated diamond-trading and business-services centre.

Ceramics

Morbi is one of India's principal ceramic-manufacturing clusters.

The cluster produces ceramic tiles, sanitaryware and related products and is supported by engineering, machinery, logistics and input industries.

Pharmaceuticals, biotechnology and medical devices

Gujarat is one of India's major pharmaceutical manufacturing states.

Important centres include Ahmedabad, Vadodara, Bharuch, Ankleshwar and Vapi.

The industry covers generic medicines, formulations, active pharmaceutical ingredients, specialty pharmaceuticals, biotechnology, medical devices and pharmaceutical intermediates.

Gujarat's biotechnology ecosystem also extends into agricultural biotechnology, food biotechnology, industrial biotechnology and marine biotechnology.

Engineering and capital equipment

Engineering is a major part of Gujarat's industrial ecosystem.

The sector includes:

• machine tools;
• industrial machinery;
• capital equipment;
• pumps and motors;
• engines;
• castings and forgings;
• bearings;
• electrical equipment;
• process equipment;
• automotive components;
• precision-engineering products.

Rajkot, Ahmedabad and Vadodara are major centres, while engineering suppliers operate throughout the state's industrial corridors.

Information technology and data centres

Information-technology activity is concentrated around Ahmedabad, Gandhinagar, GIFT City, Vadodara and other urban centres.

The Gujarat IT/ITeS Policy 2022–27 supports IT and IT-enabled services, infrastructure, investment and employment.

The Viksit Gujarat Data Center Policy 2026–29 is intended to support large-scale data-centre investment and digital infrastructure.

GIFT City provides high-capacity telecommunications and data-centre infrastructure to support financial and digital businesses.

Space technology

The Gujarat SpaceTech Policy 2025–30 seeks to develop Gujarat as a space-technology hub by supporting research, design, manufacturing, services, startups and commercialisation in the space sector.

The state's space ecosystem benefits from the presence of ISRO's Space Applications Centre in Ahmedabad and from the wider engineering, electronics and advanced-manufacturing base of Gujarat.

Ports, logistics and maritime industry

Gujarat has a coastline of approximately 1,600 km (990 mi) and one of India's largest port networks.

The maritime system includes Deendayal Port, Mundra Port, Dahej Port, Hazira, Pipavav, Bhavnagar, Porbandar, Okha and other ports and port facilities.

During FY2025–26, ports under the Gujarat Maritime Board handled approximately 484 million tonnes of cargo. GMB reported port capacity of approximately 608 million tonnes and stated that Gujarat's non-major ports handled approximately 29% of India's total non-major-port traffic and approximately 64% of traffic handled by India's non-major ports during the year.

Major cargo categories include crude oil, petroleum products, coal, containers, chemicals, automobiles, minerals, agricultural commodities, steel and project cargo.

The port system is closely linked to the state's industrial clusters, enabling export-oriented manufacturing and import of industrial raw materials.

Mundra

Mundra Port is a major private port and logistics centre in Kutch.

The wider Mundra industrial region combines port operations, container logistics, power generation, renewable energy, warehousing and manufacturing.

Hazira

Hazira in Surat district is a major industrial and maritime cluster containing steel, engineering, energy, port and defence-related industries.

The region is also developing further downstream manufacturing and clean-energy-related industrial activity.

Ship recycling

The Alang Ship Recycling Yard at Alang–Sosiya in Bhavnagar district is one of the world's largest ship-recycling clusters.

The industry supports ship recycling, steel recovery, machinery and equipment recovery, marine services, transport and downstream metal processing.

Shipbuilding and ship repair

Gujarat's maritime economy also includes shipbuilding and ship repair.

The Gujarat Shipbuilding & Ship Repair Policy 2026 provides a current policy framework intended to strengthen shipyards, marine engineering, maritime manufacturing, repair services and associated suppliers.

Transport infrastructure and economic connectivity

Gujarat's industrial economy is supported by a network of national highways, expressways, rail freight routes, high-speed rail, metro systems, airports and ports.

As of 1 April 2026, 35 railway infrastructure projects falling fully or partly in Gujarat, covering approximately 2,969 km and costing approximately ₹43,608 crore, had been sanctioned. Approximately 929 km had been commissioned by March 2026.

Major transport and infrastructure projects

Western Dedicated Freight Corridor

The Western Dedicated Freight Corridor (WDFC) connects Dadri in Uttar Pradesh with Jawaharlal Nehru Port Authority (JNPA) near Mumbai.

The corridor is approximately 1,506 route kilometres long and passes through Gujarat.

Gujarat contains approximately 565 km of the WDFC.

On 8 September 2026, three final sections covering 326 route kilometres were dedicated to the nation at a cost of more than ₹20,700 crore, completing the WDFC across its full length.

The direct connection to JNPA is intended to increase EXIM freight capacity, improve port-to-industrial connectivity, support double-stack container operations and reduce pressure on conventional railway routes.

Mumbai–Ahmedabad High-Speed Rail

The Mumbai–Ahmedabad high-speed rail corridor is a 508 km high-speed railway project connecting Mumbai and Ahmedabad through Maharashtra, Dadra and Nagar Haveli and Gujarat.

The corridor includes eight planned stations in Gujarat: Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad and Sabarmati.

The project is being implemented with technical and financial assistance from Japan.

NHSRCL reported approximately 80% overall project progress in July 2026. By 2026, civil works had advanced substantially in Gujarat, including major viaduct, bridge, track-bed, overhead-electrification and station works.

As of the end of 2025, government expenditure on the project had reached approximately ₹86,939 crore.

The original approved project cost was approximately ₹1.08 lakh crore; by 2026, international business reporting indicated that the estimated total cost had risen to approximately ₹2 lakh crore because of inflation, delays and construction-related cost escalation.

NHSRCL states that the project will use a Japanese Shinkansen-derived ballastless J-slab track system and 2×25 kV railway electrification technology.

Delhi–Mumbai Expressway and Vadodara–Mumbai Expressway

The Delhi–Mumbai Expressway is a planned high-speed, access-controlled road corridor of approximately 1,386 km connecting the National Capital Region with the Mumbai metropolitan region.

Within Gujarat, the corridor is implemented largely through the Vadodara–Mumbai Expressway packages.

In June 2026, the Gandeva–Ena and Ena–Kim sections in Gujarat were dedicated to the nation.

Important Gujarat packages still involving construction or balance works include:

The corridor is designed to improve north–south freight connectivity, connect Gujarat's manufacturing clusters with Mumbai and Delhi and strengthen access to ports and logistics hubs.

Ahmedabad–Dholera Expressway

The Ahmedabad–Dholera Expressway (NE-8) is a 109.019 km greenfield expressway connecting Ahmedabad with the Dholera Special Investment Region and the Bhavnagar coastal region.

The project cost is approximately ₹5,800 crore.

The expressway provides a high-speed road connection between Ahmedabad and Dholera and supports industrial, logistics and airport connectivity.

Ahmedabad–Sarkhej–Dholera railway corridor

In May 2026, the Union Cabinet approved the Ahmedabad (Sarkhej)–Dholera semi-high-speed double-line railway project.

The project will add approximately 134 km of railway infrastructure and has an estimated cost of ₹20,667 crore. Completion is targeted for 2030–31.

The line is intended to connect Ahmedabad, Dholera SIR, Dholera International Airport and the Lothal National Maritime Heritage Complex.

Ahmedabad Metro

Ahmedabad Metro Phase II connects Ahmedabad and Gandhinagar and includes a branch to GIFT City.

The Phase II network comprises approximately 28.2 km and 22 stations and was fully commissioned in January 2026.

In June 2026, the Union Cabinet approved the 6.032 km Phase 2A airport corridor with five stations at an estimated completion cost of ₹2,169.04 crore.

In February 2026, the Union Cabinet approved a 3.33 km GIFT City–Shahpur extension with three elevated stations at an estimated cost of ₹1,067.35 crore.

Surat Metro

The Surat Metro Phase I comprises two corridors with a total length of approximately 40.35 km and 38 stations, including six underground stations.

The sanctioned completion cost of Phase I is approximately ₹12,020.32 crore.

National Highway-56 corridor

The Dhamasiya–Bitada/Movi and Nasarpore–Malotha sections of NH-56 in Gujarat were approved for four-laning in February 2026.

The two sections have a combined length of approximately 107.67 km and a total capital cost of approximately ₹4,583.64 crore.

The corridor improves connectivity through Dahod, Chhota Udepur, Narmada, Tapi and Bharuch towards Vapi and NH-48 and supports access to tribal and industrial regions.

Major railway works announced in 2026

In September 2026, the Government of India announced railway projects in Gujarat covering approximately 329 km and costing more than ₹9,700 crore. These include:

• third and fourth railway lines between Vadodara and Ratlam;
• gauge conversion between Miyagam Karjan, Choranda and Malsar; and
• doubling between Vishwamitri and Dabhoi.

Gujarat road and rail investment programme

The Union government has increased railway expenditure allocated to Gujarat from approximately ₹589 crore per year in 2009–14 to approximately ₹17,366 crore in 2026–27.

The state also contains major national-highway investment packages, port connectivity projects and logistics developments.

Major current and planned investment projects

Foreign trade

Gujarat is one of India's principal merchandise-exporting states.

FIEO reported Gujarat exports of approximately US$116.33 billion (approximately ₹9.83 lakh crore) in FY2024–25, representing approximately 26.6% of India's merchandise exports.

The state's major exports include petroleum products, gems and jewellery, drug formulations and biologicals, organic and agrochemicals, iron and steel products, ceramics, ships and marine structures and cotton and textile products.

District-level export concentration

The top export districts account for a large share of Gujarat's merchandise exports.

*Approximate values calculated from the FIEO-reported Gujarat export total of US$116.33 billion (approximately ₹9.83 lakh crore) and reported district shares; they are not separately reported district totals.

The 2024–25 export composition demonstrates the geographic diversity of Gujarat's export economy. Jamnagar is dominated by petroleum and petrochemicals; Surat by gems, jewellery and textiles; Bharuch by chemicals and petrochemicals; Ahmedabad and Vadodara by pharmaceuticals and engineering; Kutch by port-linked manufacturing and commodities; and Valsad by chemicals and pharmaceuticals.

Foreign direct investment

Gujarat attracts foreign direct investment across manufacturing, technology, energy, automobiles, pharmaceuticals, chemicals, financial services and infrastructure.

The Department for Promotion of Industry and Internal Trade reported approximately US$5.713 billion of FDI inflow for Gujarat in the 2025–26 focus-year dataset.

FDI is concentrated in and around major industrial corridors and urban business centres, with GIFT City, automobiles, pharmaceuticals, chemicals, electronics, semiconductors and renewable-energy industries forming important newer investment areas.

District-wise economic profile

As of December 2025, Gujarat had 34 districts and 267 talukas. The 34th district, Vav-Tharad, was formally created from the former Banaskantha district in October 2025.

District-level GDP comparisons should be interpreted carefully because district boundaries have changed and the latest district-level national-account series can lag the creation of new districts. The following table therefore presents a current economic profile rather than an unsupported ranking of district GDP.

Urban economic centres

Wealth

Gujarat is a major centre of private business wealth, reflecting its industrial and entrepreneurial base.

According to the 2025 Hurun India Wealth Report, Gujarat had approximately 68,300 millionaire households.

Ahmedabad had approximately 26,800 millionaire households and Surat approximately 5,700 according to the same report.

Major business fortunes associated with Gujarat

The 2025 Hurun India Rich List reported major business fortunes associated with Gujarat, including:

The published Hurun data does not constitute a complete census of billionaire residents by district; business presence in a district should therefore not be interpreted as a precise billionaire count.

Energy

Energy is a central component of Gujarat's economy. The state combines petroleum exploration and refining, petrochemicals, natural gas, LNG infrastructure, electricity generation, electricity transmission, renewable power, batteries and emerging hydrogen industries.

As of April 2026, Gujarat had approximately 72,932 MW of installed electricity-generation capacity.

The energy system contains state, central and private generation assets together with electricity transmission and distribution networks.

Oil and gas

Important oil and gas areas include Ankleshwar, Mehsana, the Cambay Basin, Hazira and Dahej.

Jamnagar is the principal refining centre and a major downstream petrochemical centre.

Dahej and Hazira are major LNG and gas-infrastructure locations.

Industrial and logistics advantages

Gujarat's investment environment is supported by:

• extensive industrial-estate infrastructure;
• 1,600 km coastline;
• major public and private ports;
• access to international shipping routes;
• major national highways and expressways;
• the Western Dedicated Freight Corridor;
• the Delhi–Mumbai Industrial Corridor;
• Mumbai–Ahmedabad High-Speed Rail;
• industrial and logistics parks;
• airports and air-cargo infrastructure;
• skilled manufacturing labour and engineering clusters;
• sector-specific investment policies; and
• GIFT IFSC and other financial infrastructure.

The combination of ports, dedicated freight infrastructure, expressways, industrial clusters and special investment regions gives Gujarat an integrated EXIM and domestic-logistics platform.

Major current industrial and economic policies

Selected economic indicators

Historical industrial development

Gujarat established strong positions in textiles, engineering, chemicals, petrochemicals, pharmaceuticals, dairy, cement, ceramics and gems and jewellery during the second half of the twentieth century.

The post-liberalisation period accelerated industrial investment, private enterprise, port-led development and export activity.

During the 2000s and 2010s, the state expanded its manufacturing base into automobile manufacturing, large-scale refining, port-led industrialisation and industrial corridors.

During the 2020s, the industrial structure increasingly diversified into semiconductors, electronics, electric mobility, batteries, renewable-energy manufacturing, GCCs, financial technology, data centres, space technology and other advanced industries.

Recent economic transformation

Gujarat's current economic transformation can be broadly described as a transition from a manufacturing-and-export model dominated by petroleum, chemicals, engineering, textiles, diamonds and ports to a more diversified industrial and services platform.

The principal new growth areas are:

• semiconductor fabrication and OSAT;
• electronics and component manufacturing;
• electric vehicles and automotive exports;
• batteries and grid-scale energy storage;
• solar photovoltaic manufacturing;
• green hydrogen and electrolysers;
• global capability centres;
• international financial services;
• data centres;
• food processing and agro-industry;
• space technology;
• advanced engineering and capital equipment; and
• modern logistics infrastructure.

This diversification is supported by the state's industrial-policy framework, the national semiconductor programme, GIFT IFSC, the Delhi–Mumbai Industrial Corridor, high-speed rail, dedicated freight infrastructure and major expressway development.