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 country’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.
Analysts attribute Gujarat’s domination in the export business to a range of factors. These include location advantage in terms of long coastline, cost-effective and efficient transport system, superior infrastructure ensuring seamless connectivity and port capacity with deep draft, and uninterrupted power supply, besides optimum utilisation of the Special Export-processing Zones (SEZs).
Gujarat’s export shipment was valued at $ 59.58 billion in 2014-15, according to a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) titled ‘Export Performance of States’ which was released earlier this year. The study analyzed the country’s export data between 2007-08 and 2014-15. In total, Gujarat accounts for around 19 per cent of India’s exports.
Commenting on the achievement, PK Taneja, ACS, Industries and Mines, Gujarat Government, said, “Given the cutthroat competition in international markets, it is imperative for Indian exporters to keep transaction costs down in order to remain competitive. Gujarat, with its excellent infrastructure in terms of rail, road, airports and ports, helps exporters keep such costs under control. In addition to the strategic location and robust social, physical and industrial infrastructure, the state government’s business-friendly policies as well as easy availability of skilled and quality manpower and abundant natural resources have helped Gujarat emerge as the country’s most industrialised state.”