|
Project Detail:
India's growth engine. Gujarat, located on the western coast of India, is home to 70 million people. It is India's fourth largest state economy and is regarded as the growth engine of India. Gujarat contributed 18.1% to national industrial output in FY2020 and accounted for 30.1% share of India's aggregate exports in FY2022. The ease of doing business, investor-friendly approach and, enabling industrial infrastructure have contributed to the state being a preferred investment hub for Indian and global conglomerates. Gujarat has witnessed a 16-fold increase in its gross state domestic product from $17.7 billion in 20022003 to $282 billion in 20222023 and aims to become a $500 billion economy by 20262027. Strategic investments in new and emerging sectors such as semiconductors, green hydrogen, electric vehicles, renewable energy, and the financial services industry stand as examples of the state's commitment towards achieving this goal. However, Gujarat's vision of becoming a globally innovative and competitive industrial destination will require a strong workforce with future skills and global networks for skill development.
Note: Please Download Project Document attached to this Project for more information.
|
