Ever since its inception, Gujarat has been showing
a new direction to the nation during the last
43 years. It is conquering new grounds and is
ill at ease with the Number One position among
different states in the country. In the 21st Century,
its goal is to be compared with the economic growth
rate of developed nations.
With just 5 per cent of the
India’s total population and 6 per cent
of geographical area, Gujarat contributes to 16
per cent of the country’s total investment,
10 per cent of expenditure, 16 per cent of exports
and 30 per cent of stock market capitalization.
The state’s annual growth rate has been
10 to 12 per cent for the last five years. As
per the latest data of Centre for Monitoring Indian
Economy (CMIE) of January 2003, Gujarat stands
first in industrialization in India. Projects
worth Rs. 33,958 crore are under implementation. |
