Industrial growth

Gujarat's major cities include Ahmedabad, Surat, Baroda(Vadodara) and Rajkot. Surat is the fastest growing city[citation needed] and Ahmedabad is the third fastest growing city in India[citation needed]. Major resources produced by the state include cotton, peanuts, dates, sugarcane, and petrol. The state is rich in calcite, gypsum, manganese, lignite, bauxite, limestone, agate, feldspar and quartz sand, and successful mining of these minerals is done in their specified areas. Gujarat produces about 90% of India’s required amount of Soda Ash and gives the country about 66% of its national requirement of salt. It is one of India's most prosperous states, having a per-capita GDP significantly above India's average. Kalol Khambat and Ankaleshwar are today known for their oil and natural gas production. Dhuvaran has a thermal power station, which uses coal, oil and gas. The Tarapur nuclear station in Maharashtra supplies the main power. Also, on the Gulf of Khambat, 50 kilometres (31 mi) southeast of Bhavnagar, is the Alang Ship Recycling Yard (the world's largest). General Motors produces the Astra car at Halol near Vadodara. Jalalpur is a large town of Gujarat, where several small and large textile industrial units have been established. Surat, a city by the Gulf of Khambat, is a hub of the global diamond trade. In 2003, 92% of the world's diamonds were cut and polished in Surat.

During the period of 1960–90, Gujarat established itself as a leader in various industrial sectors including textiles, engineering, chemicals, petrochemicals, drugs and pharmaceuticals, dairy, cement and ceramics, and gems and jewellery, amongst others. A post-liberalization period saw Gujarat's State Domestic Product (SDP) rising at an average growth rate of 14% per annum in real terms (from 1994–2002). Gujarat achieved as much as 35% of augmentation in its power generation capacity during the periods 1995–96 and 2000–01. The producers (IPPs) have contributed significantly in this addition. Gujarat is one of the first few states in India to have encouraged private sector investment, some of which are already in operation. In addition, the liquid cargo (chemicals) handling port at Dahej is also set up in joint sector and made operational. At an investor's summit entitled "Vibrant Gujarat," arranged between 10 January 2007 to 13 January 2007, at Science City, Ahmedabad, the state government signed 104 Memoranda of Understandings for Special Economic Zones worth a total of Rs 2.5 lakh crore.However, most of the investment was from domestic industry. In the fourth Vibrant Gujarat Global Investors' Summit held at Science City, Ahmedabad, in January 2009, there were 600 foreign delegates. In all, 8668 MOUs worth Rs 12.5 lakh cr were signed, estimated to create 25 lakh new job opportunities in the state.

Gujarat government has a front runner in development of solar energy in the state. It has alloted 716 MW of Solar Power capacity to 34 national and international solar project developers in 2009; against the planned 500 MW capacity under its Solar Power Policy.This is expected to bring in investments of INR 12000 crore and generate employmentment for 5,000 people.