Gandhinagar (Gujarat)
The Government of Gujarat, on 15 June 2026, unveiled the Viksit Gujarat Industrial Policy 2026 at Mahatma Mandir, Gandhinagar, marking a decisive step towards positioning the state as a global hub for advanced manufacturing, innovation, and sustainable industrial growth. The policy aligns with the broader vision of Viksit Bharat @2047, aiming to transform Gujarat into a $3.5 trillion economy by 2047.
The announcement was led by Gujarat Chief Minister Bhupendra Patel and Deputy Chief Minister Harsh Sanghavi, alongside senior ministers and top administrative leadership. The leadership collectively positioned the policy as a future-ready framework designed to accelerate industrial transformation, attract high-value investments, and generate large-scale employment.
Chief Minister Bhupendra Patel described the policy as “a comprehensive development document that will help realise the vision of Viksit Bharat 2047 through Viksit Gujarat.” He further emphasised Gujarat’s evolution as a policy-driven and investor-friendly state, stating that the new framework builds on the success of the Vibrant Gujarat Global Summit.
A key highlight of the policy is its strong emphasis on sustainability and green industrialisation. The Chief Minister noted that “green and sustainable industrial development is one of the most significant aspects of the policy,” with provisions supporting green industrial parks, wastewater recycling, zero liquid discharge systems, and circular economy adoption.
The policy is structured on four foundational pillars: investment and manufacturing, innovation and research, skill development and employment, and sustainability with inclusive development. It is designed to respond to global shifts in supply chains, technological disruption, artificial intelligence, and the rising importance of green energy.
Deputy Chief Minister Harsh Sanghavi stated that the policy is “not merely an incentive scheme but a powerful instrument for realising the vision of Viksit Gujarat by 2047.” He highlighted that incentives ranging from 15 per cent to 45 per cent across sectors will accelerate investment flows, boost job creation, and strengthen industrial ecosystems across the state.
He further underlined Gujarat’s industrial dominance, noting that the state contributes over 18 per cent of India’s manufacturing output and around 33 per cent of exports, while handling nearly 40 per cent of cargo movement. Gujarat also hosts the highest number of MSME units in the country, reinforcing its position as India’s manufacturing backbone.
MSMEs at the core of industrial transformation
A major focus of the Viksit Gujarat Industrial Policy 2026 is the strengthening of MSMEs, which form the backbone of the state’s economy. With over 4.2 million MSME units, the policy aims to support their transition up the value chain through targeted incentives and capability-building initiatives.
MSMEs will be eligible for incentives ranging from 35 per cent to 45 per cent of investment based on taluka classification, along with flexible support mechanisms such as capital subsidy, interest subsidy, and power tariff reimbursement. Additional assistance includes technology adoption, ERP implementation, patent registration, quality certifications (including ZED), and participation in exhibitions for market expansion.
Large, mega and ultra mega industrial push
For larger industrial projects, the policy introduces a structured incentive framework based on investment scale and sector classification. Large industries investing over Rs 1.25 billion can avail incentives between 15 per cent and 35 per cent, depending on sector priority and location.
Mega industries, defined as projects above Rs 10 billion with significant employment creation, can access incentives of 30 per cent to 35 per cent. Ultra-mega industries, with investments exceeding Rs 100 billion and employment generation of at least 3,000 people, can receive incentives of 35 per cent to 40 per cent.
These provisions aim to attract anchor investments that will strengthen supply chains, develop ancillary industries, and create large-scale employment opportunities.
Focus on thrust sectors and sunrise industries
The policy identifies 21 high-growth thrust sectors, with special emphasis on emerging industries such as robotics, drones, footwear, toy manufacturing, and sports equipment. These sectors are prioritised due to their labour intensity, MSME integration potential, and export competitiveness.
For selected thrust sectors, the policy offers enhanced incentives of up to 50 per cent of investment, making Gujarat one of the most competitive industrial destinations in India for future-ready industries.
Innovation, R&D and future technologies
A significant thrust of the policy lies in innovation-led growth. The government has introduced higher incentive support of up to 50 per cent in select R&D-intensive sectors, encouraging research, design, and technology development.
Officials highlighted Gujarat’s ambition to become a leader in green energy, semiconductor manufacturing, robotics, and drone technologies, reinforcing its position in sunrise industries.
Ease of Doing Business and investment climate
The policy also introduces a simplified and technology-driven approval system aimed at reducing procedural delays and improving transparency. Investors will benefit from faster clearances, reduced documentation, and streamlined incentive disbursal mechanisms.
Additional Chief Secretary Mamta Verma stated that the policy is “a future-ready and transformative framework aimed at establishing Gujarat as a global powerhouse for advanced manufacturing and innovation.”
Gujarat’s industrial strength
Gujarat’s economic performance further reinforces the policy’s ambitions. The state’s GDP has grown significantly over two decades, with FDI inflows rising from $2.2 billion in 2015–16 to $60.6 billion by December 2025. The state has also recorded over ?7 trillion in cumulative industrial investments since 2012 and generated more than 12.7 lakh direct jobs through industrial policies.
Gujarat continues to rank first in logistics efficiency and startup performance, strengthening its position as India’s leading industrial destination.
Conclusion
The Viksit Gujarat Industrial Policy 2026 represents a comprehensive roadmap to transform Gujarat into a globally competitive manufacturing and innovation hub. By combining high-value incentives, MSME empowerment, R&D promotion, and sustainability-driven development, the policy aims to align state-level industrial growth with India’s long-term vision of becoming a developed economy by 2047.
As Chief Minister Bhupendra Patel remarked, the policy marks “a decisive step towards building globally competitive industries and integrating Gujarat more deeply with global value chains,” reaffirming the state’s role as a key engine of India’s industrial growth.