Strong Economic Credentials
The economic growth indicators of Gujarat have been impressive with an achievement of an average annual growth rate of 10.4 % in the last five years, a figure that is higher than that of the "Asian Tigers". Gujarat contributes to 16% of the industrial production of the country and has also mobilised the highest share (12.7%) of the investments through lEMs in the country.
- Accelerated yet Stable Reforms Process
- Present leadership is the original reformers
- Broad consensus on importance of reforms
- Reform momentum immune to changing leadership
- Robust Economic Fundamentals
- Strong forex reserves
- Controlled inflation (WPI)
- Escalating Consumerism
- Increasing aspirations
- Rising income
- Focus on Infrastructure Development
- Large investments with higher effectiveness: attracting further global interest
- Local transport
- Air-connectivity (domestic and international)