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GUJARAT'S DEVELOPMENTAL PARADIGM A MODEL FOR SUSTAINABLE GROWTH AND DIVERSIFICATION

  • Unique Paper ID: 162885
  • Volume: 10
  • Issue: 11
  • PageNo: 313-319
  • Abstract:
  • This paper explores the complex development of Gujarat, India, emphasizing its notable advances in sectors, significant infrastructure developments, and economic growth. With a strong yearly growth rate and a surge in foreign direct investment (FDI), Gujarat’s Gross State Domestic Product (GSDP) has increased significantly, attracting the attention of investors. The state’s ability to export goods, supported by its advantageous coastline position and diverse industrial base, solidifies its place in India’s economy. Building up infrastructure—such as ports, highways, and renewable energy initiatives—has been essential to promoting connectedness and long-term, sustainable growth. Important industries including textiles, pharmaceuticals, and agriculture have advanced significantly, adding to the state’s diverse economy. The report also discusses prospects in renewable energy and technological innovation, contrasted with limitations in environmental sustainability and resource management. Gujarat’s development model is a paradigm of holistic and sustainable growth in the developing Indian economy because of its strong economy, strategic policy initiatives, and dedication to sustainability. Gujarat’s development model also provides insightful and instructive lessons for national and regional development strategies.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 11
  • PageNo: 313-319

GUJARAT'S DEVELOPMENTAL PARADIGM A MODEL FOR SUSTAINABLE GROWTH AND DIVERSIFICATION

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8.01 (Year 2024)
UGC Approved
Journal no 47859

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