Gujarat’s GDP to hit $500 bn by FY27
State economy will contribute 10% to Indian GDP in 3 yrs
image for illustrative purpose
The strong global ties and a diversified GSDP make our economy exceptionally resilient. Gujarat accounted for a remarkable 33% of India’s total merchandise exports -- Bhupendra Patel, Gujarat CM
Gandhinagar: Gujarat Chief Minister Bhupendra Patel has said his government has set a target to contribute 10 per cent to India’s GDP and become a $500 billion economy by 2026-27. At present, Gujarat, with five per cent of the country’s population, contributes 8.3 per cent to the national Gross Domestic Product (GDP) and in the previous year, the state accounted for 33 per cent of India’s total merchandise exports, Patel said in an email interview ahead of the 10th Vibrant Gujarat Global Summit, to be inaugurated by Prime Minister Narendra Modi.
The summit will showcase Gujarat’s futuristic projects and investments (DREAM City, GIFT City, Dholera SIR, Ahmedabad-Mumbai High Speed Rail), encompassing new and emerging sectors such as semiconductors, renewable energy, electric vehicles, green hydrogen, aerospace and defence, plug-and-play parks, artificial intelligence, smart greenfield cities to name a few, he said.
