Economy of Gujarat: Difference between revisions

Update
No edit summary
(Update)
Tags: Mobile edit Mobile web edit
Line 7: Line 7:
| currency = [[Indian Rupee]] [[₹]]
| currency = [[Indian Rupee]] [[₹]]
| year = 1 April – 31 March
| year = 1 April – 31 March
| group = {{plainlist|
*[[Developing country|Developing/Emerging]]<ref>{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2020/01/weodata/groups.htm |title=World Economic and Financial Surveys World Economic Outlook Database—WEO Groups and Aggregates Information April 2020 |website=IMF.org |publisher=[[International Monetary Fund]] |access-date=2 September 2020}}</ref>
*Upper-middle income economy<ref>{{cite web |url=https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups |title=World Bank Country and Lending Groups |publisher=[[World Bank]] |access-date=29 September 2019}}</ref>
*[[Newly industrialized country]]}}
| gdp = {{INRConvert|19.44|lc}} (2021–22)<ref name="Budget Analysis"/><br />{{INRConvert|22.03|lc}} (2022–23 est.)<ref name="Budget Analysis"/>
| gdp = {{INRConvert|19.44|lc}} (2021–22)<ref name="Budget Analysis"/><br />{{INRConvert|22.03|lc}} (2022–23 est.)<ref name="Budget Analysis"/>
| gdp rank = [[List of Indian states and union territories by GDP|3rd]]
| gdp rank = [[List of Indian states and union territories by GDP|3rd]]
Line 20: Line 16:
| poverty = {{decreasepositive}} [[List of Indian states and union territories by poverty rate|15%]] in poverty (2019–20)<ref>{{cite web | title=SDGs India Index | url=https://sdgindiaindex.niti.gov.in/#/ranking |work=[[NITI Aayog]] | date=31 December 2019}}</ref>
| poverty = {{decreasepositive}} [[List of Indian states and union territories by poverty rate|15%]] in poverty (2019–20)<ref>{{cite web | title=SDGs India Index | url=https://sdgindiaindex.niti.gov.in/#/ranking |work=[[NITI Aayog]] | date=31 December 2019}}</ref>
| gini =  
| gini =  
| hdi = {{increase}} 0.672 {{color|darkorange|medium}} (2018) ([[List of Indian states and territories by Human Development Index|21st]])
| hdi = {{increase}} 0.672 {{color|darkorange|medium}} (2019) ([[List of Indian states and territories by Human Development Index|21st]])<ref>{{Cite web|title=Sub-national HDI - Subnational HDI - Table - Global Data Lab|url=https://globaldatalab.org/shdi/table/shdi/IND/|access-date=2022-12-04|website=globaldatalab.org}}</ref>
| labor =  
| labor =  
| occupations =  
| occupations =  
Line 28: Line 24:
| average net salary =  
| average net salary =  
| net median =  
| net median =  
| edbr = {{increase}} [[Ease of doing business index#Ranking|2nd (very easy, 2021)]]<ref>{{Cite web|last=Jul 1|first=TNN / Updated:|last2=2022|last3=Ist|first3=05:41|title=Gujarat climbs to second spot on ease of doing business list {{!}} Ahmedabad News - Times of India|url=https://timesofindia.indiatimes.com/city/ahmedabad/gujarat-climbs-to-2nd-spot-on-ease-of-doing-business-list/articleshow/92584128.cms|access-date=2022-12-04|website=The Times of India|language=en}}</ref>
| industries = {{hlist|[[Gems]] and [[jewellery]]|[[pharmaceutical]]|[[textile]]|[[chemical]] |[[ceramics]]| [[automobile]]| refining and petrochemicals|}}
| industries = {{hlist|[[Gems]] and [[jewellery]]|[[pharmaceutical]]|[[textile]]|[[chemical]] |[[ceramics]]| [[automobile]]| refining and petrochemicals|}}
| exports =  
| exports =  
Line 35: Line 32:
| import-goods =  
| import-goods =  
| import-partners =  
| import-partners =  
| FDI = {{INRConvert|1.62|t|lk=r}}
| FDI = {{INRConvert|20169|c|lk=r}}
  (2020-21)<ref name="EcoSur165">{{cite web|url=https://dpiit.gov.in/sites/default/files/Chapter6.3.v.pdf</ref>
  (2020-21)<ref>{{cite web|title=FDI|url=https://indianexpress.com/article/cities/gandhinagar/gujarat-slips-from-top-to-sixth-states-fdi-inflow-7969771/|website=Indian Express|access-date=June 14, 2022}}</ref>
| current account =  
| current account =  
| gross external debt =  
| gross external debt =  
Line 49: Line 46:
| presentUS$asdefault = no
| presentUS$asdefault = no
}}
}}


The '''economy of [[Gujarat]]''', a state in Western India, has significant [[agricultural]] as well as [[Manufacturing|industrial]] production within India. Major agricultural produce of the state includes [[cotton]], [[peanut|groundnut]]s (peanuts), [[Date (fruit)|dates]], [[sugar cane]], [[milk]] and milk products. Gujarat is one of the most industrialised states, with significant presence in pharma, chemicals, refining and petrochemicals, ceramics, textiles, automobile etc. sectors. Gujarat recorded the lowest unemployment rate in India in 2015, with 1.2% of the labour force being unemployed.<ref name="glance1">{{cite web|title=Indian Economy At a Glance [Infographic] - Quickonomics|url=https://quickonomics.com/2015/09/indian-economy-at-a-glance-infographic/|website=Quickonomics|access-date=19 November 2016|date=12 September 2015}}</ref>
The '''economy of [[Gujarat]]''', a state in Western India, has significant [[agricultural]] as well as [[Manufacturing|industrial]] production within India. Major agricultural produce of the state includes [[cotton]], [[peanut|groundnut]]s (peanuts), [[Date (fruit)|dates]], [[sugar cane]], [[milk]] and milk products. Gujarat is one of the most industrialised states, with significant presence in pharma, chemicals, refining and petrochemicals, ceramics, textiles, automobile etc. sectors. Gujarat recorded the lowest unemployment rate in India in 2015, with 1.2% of the labour force being unemployed.<ref name="glance1">{{cite web|title=Indian Economy At a Glance [Infographic] - Quickonomics|url=https://quickonomics.com/2015/09/indian-economy-at-a-glance-infographic/|website=Quickonomics|access-date=19 November 2016|date=12 September 2015}}</ref>
</ref>


Gujarat is ranked number one in the [[pharmaceutical industry in India]], with a 33% share in drug manufacturing and 28% share in drug exports. The state has 130 USFDA certified drug manufacturing facilities. Ahmedabad and Vadodara are considered as pharmaceutical hubs as there are many big and small pharma companies established in these cities.<ref name="timesofindia.indiatimes.com">{{cite web |url=https://timesofindia.indiatimes.com/city/ahmedabad/despite-covid-19-fresh-investments-flowing-into-gujarats-pharma-sector/articleshow/81488146.cms |title=Despite Covid-19, fresh investments flowing into Gujarat's Pharma Sector |publisher=timesofindia.indiatimes.com |date=2021-03-14 |access-date=2021-05-03}}</ref>
Gujarat is ranked number one in the [[pharmaceutical industry in India]], with a 33% share in drug manufacturing and 28% share in drug exports. The state has 130 USFDA certified drug manufacturing facilities. Ahmedabad and Vadodara are considered as pharmaceutical hubs as there are many big and small pharma companies established in these cities.<ref name="timesofindia.indiatimes.com">{{cite web |url=https://timesofindia.indiatimes.com/city/ahmedabad/despite-covid-19-fresh-investments-flowing-into-gujarats-pharma-sector/articleshow/81488146.cms |title=Despite Covid-19, fresh investments flowing into Gujarat's Pharma Sector |publisher=timesofindia.indiatimes.com |date=2021-03-14 |access-date=2021-05-03}}</ref>
Anonymous user