Gujarat Chief Minister Bhupendra Patel has said his government has set a target to contribute 10 per cent to India's GDP and become a ₹500 billion economy by 2026-27.
Gujarat contributes 8.3% to the national Gross Domestic Product (GDP), Mr. Patel said in an email interview to PTI ahead of the tenth Vibrant Gujarat Global Summit, to be inaugurated by Prime Minister Narendra Modi on Wednesday. "With 5% of the population, Gujarat contributes over 8.3% to the national GDP. In the previous year, the state accounted for a remarkable 33 per cent of India's total merchandise exports," he said.
The summit will showcase Gujarat's futuristic projects and investments (DREAM City, GIFT City, Dholera SIR, Ahmedabad-Mumbai High-Speed Rail), encompassing new and emerging sectors such as semiconductors, renewable energy, electric vehicles, green hydrogen, aerospace and defence, plug-and-play parks, artificial intelligence, smart greenfield cities to name a few, he said.
