Gujarat contributes 22% export, 8% national GDP, 10% work force nationally. Gujarat is driver of India’s manufacturing and exports and therefore Gujarat must be key driver and it is very essential. A substantial portion of exports from Gujarat are from SMEs.

“If India has to grow at 9.4% growth rate, then manufacturing growth rate must be at 12 to 13%, and for that manufacturing growth in Gujarat must be at 15-16%”, said, Secretary Department of Industrial Policy and Promotion Amitabh Kant said in Ahmedabad.

“India is center of growth with annual 7.4% growth. There’s slow down across the US and Europe. China’s growth rate is 4.5%, but India is growing at 7.4% rate. India however has to grow at 9.4% rate, and if India has to grow at 9-10% growth rate, it has to be 12-13% in manufacturing sector. In October it was 10.6% but we must be able to take it to 12-13% and for that Gujarat’s manufacturing must grow at 15-16%,” Kant said during the interaction with media persons.

Kant observed, “Gujarat has grown at very high rate for a very long period. Once you have grown for a very long period, the challenge there becomes that you have to look at bigger projects of size and scale. Those are in the planning stages and probably in one or two years you will see many more projects coming up. And my belief on this is – in one-two years you will see Gujarat will emerge as one of the key champions of India’s growth.”

Source: Desh Gujarat