page_title: Gujarat
section_title: Industrial growth
hierarchical_section_title: Gujarat / Economy / Industrial growth
caption_attribution_description: English: GauravPath1
context_page_description: Gujarat is a state on the western coast of India with a coastline of 1,600 km – most of which lies on the Kathiawar peninsula – and a population of 60.4 million. It is the fifth largest Indian state by area and the ninth largest state by population. Gujarat is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Its capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujarati-speaking people of India are indigenous to the state. The economy of Gujarat is the third-largest in India, with a gross state domestic product of ₹15.02 lakh crore and has the country's 11th-highest GSDP per capita of ₹197,000. Gujarat ranks 21st among Indian states in human development index. The state traditionally has low unemployment and widely considered one of the most industrially developed state of India and a manufacturing hub.
  The state encompasses some sites of the ancient Indus Valley Civilisation, such as Lothal, Dholavira and Gola Dhoro. Lothal is believed to be one of the world's first seaports.
context_section_description: Gujarat's major cities include Ahmedabad, Surat, Vadodara, Rajkot, Jamnagar and Bhavnagar. In 2010, Forbes list of the world's fastest growing cities included Ahmedabad at number 3 after Chengdu and Chongqing from China. The state is rich in calcite, gypsum, manganese, lignite, bauxite, limestone, agate, feldspar, and quartz sand, and successful mining of these minerals is done in their specified areas. Jamnagar is the hub for manufacturing brass parts. Gujarat produces about 98% of India's required amount of soda ash, and gives the country about 78% of the national requirement of salt. It is one of India's most prosperous states, having a per-capita GDP significantly above India's average. Kalol, Khambhat, and Ankleshwar are today known for their oil and natural gas production. Dhuvaran has a thermal power station, which uses coal, oil, and gas. Also, on the Gulf of Khambhat, 50 kilometres (31 mi) southeast of Bhavnagar, is the Alang Ship Recycling Yard (the world's largest). MG Motor India manufactures its cars at Halol near Vadodara, Tata Motors manufactures the Tata Nano from Sanand near Ahmedabad, and AMW trucks are made near Bhuj. Surat, a city by the Gulf of Khambhat, is a hub of the global diamond trade. In 2003, 92% of the world's diamonds were cut and polished in Surat. The diamond industry employs 500,000 people in Gujarat.
  At an investor's summit entitled "Vibrant Gujarat Global Investor Summit", arranged between 11 and 13 January 2015, at Mahatma Mandir, Gandhinagar, the state government signed 21000 Memoranda of Understanding for Special Economic Zones worth a total of ₹ 2.5 million crores (short scale). However, most of the investment was from domestic industry. In the fourth Vibrant Gujarat Global Investors' Summit held at Science City, Ahmedabad, in January 2009, there were 600 foreign delegates. In all, 8668 MOUs worth ₹ 12500 billion were signed, estimated to create 2.5 million new job opportunities in the state. In 2011, Vibrant Gujarat Global Investors' Summit MOUs worth ₹ 21 trillion (US$ 463 billion) were signed.
  Gujarat is a state with surplus electricity. The Kakrapar Atomic Power Station(KAPS) is a nuclear power station run by NPCIL that lies in the proximity of the city of Surat. According to the official sources, against demand of 40,793 million units during the nine months since April 2010, Gujarat produced 43,848 million units. Gujarat sold surplus power to 12 states: Rajasthan, Tamil Nadu, Uttar Pradesh, Maharashtra, Andhra Pradesh, Delhi, Haryana, Karnataka, Chhattisgarh, Uttarakhand, Madhya Pradesh, and West Bengal.
caption: Surat is one of the fastest growing cities in the world.
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