Gujarat's per capita income crosses ₹3 lakh mark for first time - CNBC TV18
Gujarat has crossed an important economic benchmark, with its per capita income surpassing ₹3 lakh for the first time. The latest state government data highlights strong economic momentum driven by steady industrial expansion, rising exports, and continued investment across key sectors. Despite global uncertainties, Gujarat’s diversified economy—spanning manufacturing, petrochemicals, textiles, pharmaceuticals, and services—has helped maintain consistent growth. Officials noted that increased infrastructure spending, improved business policies, and a supportive investment climate have further strengthened the state’s financial performance. Higher income levels reflect growing employment opportunities and improved productivity, contributing to better living standards for residents. The data also shows that Gujarat continues to outperform many states in terms of economic indicators and long-term development prospects. With major industrial projects underway and steady investor confidence, Gujarat expects its economic upward trend to continue in the coming years.
The Key points
- Gujarat’s per capita income exceeds ₹3 lakh for the first time.
- Strong industrial growth remains a key driver of progress.
- Manufacturing and petrochemicals significantly contribute to earnings.
- Increased infrastructure investment boosts overall productivity.
- Rising exports support the state’s economic momentum.
- Government policies enhance the business and investment environment.
- Improved employment opportunities reflect better economic conditions.
- Higher income levels signal growing prosperity in the state.
- Gujarat continues to outperform many states in development metrics.
- Ongoing industrial projects are expected to sustain future growth.
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