Why ASIA LABEX at Gujarat:
Over the past two decades, Gujarat has become one of the most preferred locations for industrial investment in India. Gujarat has achieved an annual growth rate of over 10% p.a. over the past five years and is one of the most industrialized states of India. It accounts for 16% of the nation’s industrial production and 22% of its exports. Gujarat possesses several advantages which have enabled it to chart a path of rapid growth and industrialization such as sound infrastructure facilities, availability of skilled and semi-skilled manpower, excellent domestic and international connectivity and rich natural resources.
The key differentiating factor has been Gujarat’s investor-friendly policy towards industrial development. These have resulted in Gujarat evolving as the hub of India’s chemical and petrochemical industry – with the state accounting for more than half of India’s total chemical industry and ~63% of total national petrochemical production. The chemical industry is today the largest and fastest growing component of Gujarat’s manufacturing sector.
Gujrat leads India in Pharmaceutical, Petrochemicals, CRO, Chemical Industry & Agriculture and enjoys the share between 35%- 44% of the national share over last two decade. Ahmedabad, Baroda, Surat, Dahej, Rajkot, Mehsana, Vapi, Valsad, Ankleshwar, Bharuch are a few gems in this very prosperous state of Gujrat that stand out & create an aura of opportunity.
“An exhibition encompassing all these along with the neighbouring states is bound to have more reach and is surely going to create a mark in the exhibition industry.”
- Gujarat Accounting for nearly 42% share of Indias pharmaceutical turnover
- Gujarat’s pharmaceutical industry has evolved into an innovation driven, Knowledge focused industry.
- In, recent years Gujarat develop into an ideal location for global clinical research &
- Pharmaceutical development It is an established manufacturing base for bulk drugs and formulations – With its inherent competitive advantages – is poised to capture emerging global Opportunities to become global pharmaceuticals hub. Emergence of SEZs is Likely to create a pharma behemoth-with scale and infrastructure on par with International standards, that will enable it to compete in the global market place.