Gujarat, lying in the north-west corner of
India, is bounded by Pakistan on the north-west, Rajasthan on the north,
on the east by M.P. and on the south and south-east by Maharashtra.
Gujarat ranks first in the country in the production of cotton and
groundnut and second in tobacco production. The government lends strong
support to private investments including policy investment and
flexibility on policy. It has maintained consistent policy towards
encouraging outside investments.
The industrial base of Gujarat is highly diversified and has spread all
over the State, thanks to policy planning since early sixties. The state
that was largely dependent on agriculture then was brought under rapid
industrialization process. Gujarat today accounts for a substantial
share in production of various products in India, contributing almost
100% of Acrilonitrile, Cyanide Salts, PMMA, PP, Melamine, Sodium
Bi-carbonate and Phosphorus and as much as over 80% of Soda Ash, Xylene,
Elastomer and LDPE. The Gujarat government continues effort to identify
new investment opportunities not only in the industrial sector, but in
the infrastructure and service sectors as well.
Land area: 196,024 sq. km.
Population: 41.3 million
Capital: Gandhinagar
Per Capita Income: Rs 10,578
Inflation Rate: 9.7
Incentives:
- Capital investment subsidy of between 15% and 20% (up to Rs
1,000,000) for small-scale units
- 100% EOUs exempted from purchase and sales taxes on capital goods
procured within the state
- Special incentives for the purchase of environment-friendly plant
and machinery
- Capital subsidies and sales tax incentives for electronics
industries
- 7-year sales tax relief of up to 100% of fixed capital for
Category 1; 5 years (80%) for Category 2
- Sales tax deferment for 9 years for up to 125% of fixed capital
for Category 1
- Sales tax incentives for up to 17 years for premier units
- Incentives on 50% of the total expenditure on social
infrastructure
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