Gujarat’s share in manufacturing will increase to 21% by 2030: Deputy chief minister Harsh Sanghavi

Ahmedabad: With Gujarat set to improve ease of doing business, the state's share in manufacturing in the country is expected to increase to 21% by 2030 from the current 18.5%, said deputy chief minister Harsh Sanghavi on Thursday. He said that GIFT City and Dholera will play an important role in coming years with global and national companies coming here.
Addressing a gathering of industrialists at "Gujarat: Powering Global Growth", organized by Associated Chambers of Commerce and Industry of India (Assocham), Sanghavi said, "State budget is 22% higher for industries and the incentive process is smooth in Gujarat. We are working towards improving the ease of doing business. When you invest in Gujarat, your investment is safe and your future generations will continue to get returns on this investment. Gujarat's share in country's total manufacturing output will reach 21% in 2030 and 25% by 2035. We have prepared road map for this. Currently, Gujarat handles 40% of the cargo of the country and it will grow to 50% in the coming years."He said that the recent EU and US trade deals have created huge opportunities for the industry. "Gujarat has announced an export promotion council which will help increase exports. One should not delay investing in GIFT City and Dholera because these two cities are set to grow faster. Not only manufacturing, Gujarat is going to see rapid growth in data centres, global capability centres (GCC) and IT and electronics," Sanghavi said.Gujarat chief secretary M K Das said that China and India are contributing the maximum to the global growth and that Gujarat aims to contribute more to India's growth. "Trade deals will help our industries to grow further," he said.Assocham Gujarat council chairman Chintan Thaker said, "Gujarat has all the necessary infrastructure to make the most of the recent trade deals."