Economy of Gandhinagar
The following points describes the economy of Gandhinagar the Capital of Gujrat.
- Gandhinagar’s economy is closely linked to Gujarat’s overall economic activities, as it serves as the 4th largest in the country.
- The state stands at the twenty-first position in the Human Development Index (HDI).
- It is the highest industrial state in India and hosts a mix of textiles, chemicals, pharmaceuticals, and information technology industries.
- In pharmaceuticals, the state of Gujarat is ranked at number 1, with 33% of drugs manufactured and 28% of drugs exported from the state of Gujarat.
- Gandhinagar is known for its industrial parks and Special Economic Zones (SEZs), attracting domestic and international investments.
- The city plays a pivotal role in Gujarat’s economic growth, contributing to the state’s GDP significantly by managing 40% of India’s ocean cargo.
- Agriculture also plays a role in the local economy, with fertile lands surrounding the city.
- The city has a well-developed infrastructure, making it conducive to business and commerce, with 85% of villages in the state connected by proper roads.
- The financial and banking sector is robust, with numerous national and international banks operating in Gandhinagar.
Capital of Gujarat – Gandhinagar
Capital of Gujarat: Gandhinagar is the capital of Gujarat. It is located on the western bank of the Sabarmati River and is the second planned city in India. In 1970, it was declared as the capital city of Gujarat, replacing Ahmedabad. Named after Mahatma Gandhi, the father of the Nation, it is tagged as the cleanest city in Asia. Gandhinagar is 23 kilometers from Ahmedabad and is divided into thirty pedestrian-friendly and self-contained sectors. Known as a people-oriented city, it is home to parks, gardens, historical monuments, and civic buildings. Founded with a vision to embrace Gandhian principles, this city holds great historical and cultural significance. In the last decade, Gandhinagar has evolved into a dynamic urban center.
In this article, we have covered Gandhinagar the Capital of Gujarat, the Population and Area of Gujrat, the old and New Capital of Gujrat, history, geography, economy, and culture that defines Gandhinagar.
Table of Content
- Capital of Gujarat (Gandhinagar)
- Climate of Capital of Gujarat
- Demographics Capital of Gujarat
- Economy of Gandhinagar
- Culture and Tourism in Gandhinagar
- Gandhinagar – Transportation and Infrastructure
- Capital of Gujarat – Facts