Why Vadodara?

Vadodara is located in Gujarat India, One of the highest growing state of India.

Why Gujarat?
Strong Economic Credentials

The economic growth indicators of Gujarat have been impressive with an achievement of an average annual growth rate of 10.4 % in the last five years, a figure that is higher than that of the "Asian Tigers". Gujarat contributes to 16% of the industrial production of the country and has also mobilised the highest share (12.7%) of the investments through lEMs in the country.

Accelerated yet Stable Reforms Process

• resent leadership is the original reformers
• Broad consensus on importance of reforms
• Reform momentum immune to changing leadership

Robust Economic Fundamentals

• Strong forex reserves
• Controlled inflation (WPI)
• Consistent currency appreciation

Escalating Consumerism

• Increasing aspirations
• Rising income and falling interest rates
• Focus on Infrastructure Development
• Large investments with higher effectiveness: attracting further global interest
• Local Transport
• Air-connectivity (domestic and international)

Business Friendly Regulatory Environment

• Simplification of Procedures
• Gujarat Investor Portal
• Investor Support Software
• Information Bank
• Investment Monitoring System
• Industrial Zoning
• Creation of Land Bank
• Doing Business in Gujarat

Highly Skilled and Multilingual Workforce

• Some of the India's premier institutes are located in Gujarat
• Indian Institute of Management (IIM) for Management
• Indian Institute of Technology (IIT) and DAIICT for Technology
• NIFT and NID for Fashion & Design
• Nirma and Gujarat Knowledge Society (GKS) for Knowledge
• MICA for Communication
• CEPT for Architecture
• IRMA for Rural Management
• NIPER for Pharmaceutical
• Pandit Deendayal Petroleum University for Petroleum

Strong and Sophisticated Financial Services Sector
India's financial system has kept pace with the growing needs of its corporate and retail borrowers. Interest rates are market-determined and have shown a downward trend over the last few years.

The components of the Indian banking system are:

• Scheduled commercial banks
• Urban and state co-operative banks
• Regional rural banks
• Non Banking Financial Institutions(NBFI)

Why Vadodara?
Vadodara - Educational and Cultural Centre

Geographical location : 72.73° to 73° East (Longitude) 20.07° to 21.05° North (Latitude)
Area : 7,555 sq. km.
District headquarter : Vadodara
Population : 3.64 million (As per 2001 census)
Population density : 482 persons per sq. km.
Sex ratio : 919 Females per 1000 Males
Airport : Vadodara
Nearest port : Dahej in Bharuch and Hazira in Surat
Major Industrial Infrastructure : 3 Special Economic Zones, 13 Industrial Estates, 4 Proposed Industrial Parks

Industries

• Proximity of Vadodara to key industrial centers of Gujarat such as Ahmedabad, Bharuch and Surat. Along NH-8 connecting to Mumbai and Delhi could be considered a major driver for growth of the economy
• Focus Industry sectors in the district include chemicals, pharmaceuticals, biotechnology, petrochemicals and construction
• Savli Industrial Estate, spread across 770 hectares of land located 15 km from Vadodara city is an ideal location for agri-biotech, biotechnology engineering, plastics, export-oriented units and other non polluting industries
• Some of major players include Alembic, Bharat Starch Industries Limited, Gujarat Alkalies and Chemicals Limited (GACL), Gujarat State Fertilizers & Chemicals Ltd. (GSFC), Indian Oil Corporation Ltd. (IOCL), Indian Petrochemical Corporation Ltd. (IPCL), Apollo Tyres Limited, CG Glass Limited, etc