The Union Minister of Law and Justice, Electronics and Information Technology and Communications, Ravi Shankar Prasad has said that the future of electronics and smartphone manufacturing in India was vigorous, with the sector alone contributing $1 trillion to the economy by 2025.
Union Minister of Road Transport and Highways & Micro, Medium and Small Enterprises (MSME), Nitin Gadkari has urged the country’s construction sector to devise ways to keep costs of government projects low even while leveraging the latest digitalisation technologies.
Gujarat, widely acknowledged as the most business-friendly state in India, figures among the top five states that account for 69 per cent of the countryÂ’s total export earnings. It is also among two states, the other being Maharashtra, that together account for more than 46 per cent of the merchandise consignments from the country.
Clearly, the government had saved the best for the last, with a flurry of policy decisions at the year end. Infrastructure is clearly in for better times in 2016. The year 2015 was generally a positive one for the economy, although bumpy.
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.