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Ahmedabad is the largest contributor to the GDP of Gujarat state, with an estimated US$68 billion as of 2017 out of $227 billion, textile and clothing in Ahmedabad is one of the oldest industries. It is the largest supplier of denim and one of the largest exporters of gems and jewellery in the country. Ahmedabad has one of the largest concentration of pharmaceutical and biotech companies in India.
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Gujarat International Finance Tec-City (GIFT City) is a central business district under construction in the Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project. In 2020 GIFT IFSC bagged 10th place in Finance Industry and top rank in emerging financial centres in the Global Financial Centres Index.
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Ahmedabad is the industrial center in western India after Mumbai. The gross domestic product of Ahmedabad metro was estimated at US$110 billion in 2023.
There are many reasons to choose this location. Here are the few selected ones.
Heritage and Industry
Ahmedabad, a UNESCO Heritage City and industrial hub in Gujarat.
Economic Contribution
Holds 6% of India's automobile market share and 10% of its pharmaceutical market.
Logistical Connectivity
Strategic location with easy access to major ports, airports, and highways.
Diverse Industries
Hub for chemicals, textiles, pharmaceuticals, agro-food processing, and automobiles.
Ideal for Business
Supported by government initiatives, offering significant expansion opportunities for companies.
Automotive Manufacturing
Sanand-Mandal-Becharaji belt, a growing automotive cluster with significant Japanese investment.
Special Investment Regions
SIRs and PCPIRs boosting infrastructure for specific industries.
Engineering and Automobile Excellence:
Home to major companies like Suzuki Motors, Honda, and Tata Motors.
Focus on Precision Engineering
Ahmedabad's engineering industry known for machine tools and heavy engineering.
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