Gujarat's legacy as a commercial powerhouse goes back centuries, perhaps since time immemorial. Its traders have traversed the globe, forging business #relationships that strengthen India's #global position. The same entrepreneurial spirit drives the state's growth even today!
Cities like Surat, Ahmedabad, Baroda, Rajkot, & Jamnagar bustle with renewed vigor, fueled by ambitious #projects like the Dholera Special Investment Region (D-SIR), Mandal Becharaji Special Investment Region (MBSIR), the Mumbai Ahmedabad High Speed Rail project, the Petroleum, Chemicals, & Petrochemicals Investment Region (PCPIR), & Gujarat International Financial Tech (GIFT) City. These #initiatives prove Gujarat's ambition. I'm personally excited about the potential of the state hosting the 2036 Olympics!
Over the last decade, my frequent visits have revealed a striking change in Gujarat. The state's natural #business talent, amplified by a national vision of development, has attracted cutting-edge industries & foreign #investment.
This transformation is reflected in the numbers.
𝐆𝐒𝐃𝐏: State GDP has soared from $17.7 Bn ,2002–03 to $349 Bn 2024-25.
𝐅𝐃𝐈: The state ranks among India's top 3 FDI beneficiaries in the last decade; with the Vibrant Gujarat summit attracting investment commitments worth $330 Bn.
𝐓𝐨𝐮𝐫𝐢𝐬𝐦: Gujarat draws 10% of India’s tourism with its diverse culture and historical significance.
𝐄𝐱𝐩𝐨𝐫𝐭𝐬: The state's exports of Rs 12 lakh crore 33% of India’s total, showcasing its competitiveness.
𝐏𝐞𝐫 𝐂𝐚𝐩𝐢𝐭𝐚 𝐈𝐧𝐜𝐨𝐦𝐞: Rising income levels (Rs 389,332/- ‘24-25 highlight improved quality of life.
Visionary #leadership with business-friendly policies at national & state levels unfolds new frontier: data infrastructure, futuristic Dholera City, GIFT City, bullet train.
Gujarat continues to dominate its #traditional strongholds such as oil & energy, renewable energy, finance, pharmaceuticals, diamonds & jewellery, manufacturing, & commodities. Simultaneously, the state is carving out a lead in emerging #sectors like automobiles, aero engineering, defence, semiconductors, & renewable energy.
Team QuantAscend Consulting feels a deep connection on this #journey. We're fortunate to be at the right place at the right time. We are working with SMEs, family offices & funds in the #market, and we are excited every time we talk about this geography. As Gujarat continues to grow, QuantAscend aims to be a #partner with companies to navigate opportunities & build a resilient future.
This transformation in Gujarat is truly inspiring! What aspects of this journey are you most excited about? How do you see your business aligning with your markets?
Here is our ever-cheering team in Ahmedabad, led by Deepak Paneri, Vicky Navani, Jay shah, Nil Pandit, Dev Sodha, KAMAKSHI PATEL and Harshita Vyas.
PS: BTW Gujarati food and hospitality beats their own business achievements hands down! 😄
#gujarat #growth #quantascend
