Gujarat should record 14.5 pc growth for India to hit USD 5-tn target: Report

An official release from the state government stated Adhia made a presentation before the chief minister and pointed out that Gujarat’s share in the country’s economy is 8.36 per cent and needs to be raised to 10 per cent to help India achieve the target of USD five trillion. In the past decade, Gujarat’s economy grew at 12.3 per cent and the state needs to grow at a faster pace if the national target has to be achieved.

While manufacturing will continue to spearhead the growth for Gujarat in the coming years, the Adhia report suggests the state to focus on nine new areas, including green and smart manufacturing, use of technology and supply chain management.

Among the sectors, the state has been asked to improve include information technology, financial technologies and tourism. In the tourism sector, suggestion has been made to develop 5-6 tourism clusters modelled on Statue of Unity and development of 4-5 airports with international connectivity. The roadmap also states that Gujarat will have to scout for a lot of investments in urban development.