●Gujarat -A Role Model of Development for India.
●Present- Gujarat per capita income USD 3000 ,higher than the national average USD 2000.
●Past -in year 2000-1,Gujarat per capita income was just USD 175 ,below the national average USD 240.
Gujarat Model of Development more ⬆️Successful than the Western....true Swadeshi model.
#Gujarat model can help developing countries in formulating their own economic strategies.
#Gujarat per capita income ⏫$3000 ,higher than the national average $2000.
#Gujarat per capita 2000-1 was $175 ,national average $240.
✅Gujarat Economy is Running like a 🚅Bullet train.
✅Gujarat Economy grew ⏫200% [Rs 6 Lakh cr to Rs 18 Lakh cr. 2012-19]
✅Expected to grow more than ⏫300% ,2020-27.
✅GUJARAT has huge potenti will be One Trillion Dollar Economy by 2027.
Once upon a time Gujarat was most backward state in india....after 2001 ☑️ Gujarat grew Rs 1Lakh cr -18Lakh cr (2001-19), grew ⏫1700%.
Overall, Gujarat’s gross state domestic product grew at an average of ⬆16.6% a year from 2001 to 2010, up from an annual average of 5.1% from 1980 to 1990 and 8.2% from 1991 to1998, according to a report of planning commission(Niti Aayog).
The state has #World class infrastructure# Business environment#Good export policy#.
✔1#Gujarat become the 🚘Detroit of India.
Tata, Suzuki, Ford, General Motors, Honda,SAIC motor,Toyota and Hero MotoCorp, has state-of-the-art manufacturing units in and around Sanand, making the region a major automotive hub. Gujarat will have car manufacturing capacity of 🚘 25 lakh units or more by 2020.
✔2. #Gujarat International Finance Tech City (GIFT City).emerging business hubs in the world.
India's international financial services centre at the Gujarat International Finance Tech City (GIFT City) made its global mark by being named among the top three emerging business hubs in the world.
$11 billion(RS 77000 cr) GIFT City ,will be able to attract a great number of finance and tech firms....can generate good jobs.
✔ 3. Gujarat export economy could touch $ 250 billion USD by 2027-28.
At present Gujarat's share in export around 22% (2017-18), $70 billion....able to touch $250 billion by 2027-28.Gujarat exports a wide variety of items - gems and jewellery, agriculture, automobiles, petroleum products, pharmaceuticals, chemicals, textiles...etc.
✔ 4 . Gujarat become top investment destination.
Gujarat got Investment proposals total 1 lakh crores in 2018.The state got 💰FDI proposals worth $3.8 billion (Rs 26,000) crores from Japan, china,Taiwan, South Korea, European countries.... FDI will be double 50,000cr in the next 5-6yers.
✔ 5. Real estate boom in Gujarat.
Barren land to world class Green field smart city:DHOLERA
Dholera will be bigger than #Shanghai .Dholera’s design and construction is world class and will become the role model for all future cities in India. DHOLERA project can generate house as many as 20 lakh people,Employment 30 lakh in sector such as construction,finance,manufacturing and retail.
✔ 6. Gujarat eyes 8 crore tourists per year##2.20 lakh tourists per day by 2020.
3000 cr Statue of Unity can boost Gujarat's annual tourist to 80 million (8cr)....can generate Foreign currency,Employment near one million. Gujarat has presence of important pilgrimage destinations like Ambaji, Dakore, Dwarka and Somnath.
Gujarat is going to invest another Rs 11,000-crore in 220 tourism-related projects. Gujarat spends #Rs 200 core every year for promotion and branding of Gujarat tourism at various domestic and global platforms....tourism industry at present contributes near 9% of state's GDP.....capacity to contribute 15% of state's GDP.
✔ 7 . Gujarat's ports -world’s gate way to india.
Ports are the gateway to Gujarat economic growth.Gujarat’s ports account for 26% of total national cargo and 72% of cargo handled by ports under State Governments of India. If the Kandla port is included, Gujarat handles 35% of the national cargo.
✔ 8. Gujarat emerging as textile hub of India.Investment Destination for Textile Industry.
Gujarat is rightly known as the “Textile State of India” contribute 15% export .India's Textile export expected to cross $300 billion(Rs 21 lakh cr ) by 2025.
✔ 9. Gujarat the global Diamond hub.
Surat, famous for diamond processing and trading . Around 15000 diamond units located in surat,employs near one million .
8 out of 10 diamonds on the global market were cut and polished in Surat. India's Cut and polished diamond export expected to cross $60 billion(Rs 4.20 lakh crore ) by 2020.
✔ 10 . Mumbai -Ahmedabad 🚅🚅Bullet train.
#Bullet train will help Gujarat to become $1 trillion economy by 2027.
High speed rail network has many layers of Economic benefits. High speed rail network can boost -GDP, per capita income, manufacturing sector,Agrarian, tourism industry, FDI,can reduce transport cost up to 300%,can reduce Oil consumption ,can increase standard of living...etc.
High speed rail network can boost Gujarat's Economy.High speed rail network can boost FDI, tourism, transport, Manufacturing and service sectors in Gujarat .
When Japan launched its first bullet train in 1964, its per capita GDP was only $835.... When China launched its high speed trains in 2008, its per capita GDP was $3,500. Now, Japan's per capita GDP is over $ 38,000(45×835), China's is over $ 9,500(2.7×3500).
Ahmedabad-Mumbai Highspeed Rail network could boost per capita GDP.
✔ 11.Gujarat sets 30000 MW renewable energy generation by 2022.
Investment potential 💰$22 billion(1.5lakh cr) by 2022.At present, the state has a total of 9,670 MW production of renewable energy which includes 6,880 MW wind energy and 2,654 MW solar energy.
✔ 12 GUJARAT per capita income around $3000, higher than national average $2000.Expected to reach ⬆️$20000 by 2030.
So, undoubtedly Gujarat Model of Development one of most successful model ..... Gujarat model more successful than the Western...Gujarat model can help developing countries in formulating their own economic strategies.
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✔ Reference-
Gujarat received Rs 24,012 crore FDI in first half of FY20 - The Financial Express >02-Jan-2020 .
