Business
15 Jun, 2026
Gujarat govt unveils new industrial policy, targets Rs 10 lakh crore investment over 5 years
Business To Business, Gandhinagar, 15th June, 2026: The Gujarat government on Monday unveiled the Viksit Gujarat Industrial Policy-2026, a new industrial policy framework that aims to attract ₹10 lakh crore in investments over the next five years and strengthen the state's position as a manufacturing and innovation hub.
The policy was announced by Chief Minister Bhupendra Patel, who said it provides a five-year roadmap for industrial growth and offers incentives ranging from 15% to 50% across various sectors.
Key objectives of the policy
The new policy focuses on:
- Advanced manufacturing
- Innovation-led growth
- Startup ecosystem development
- Technology-intensive industries
- Employment generation
- Industrial competitiveness
According to the government, the initiative is designed to create a supportive ecosystem for businesses, entrepreneurs, and investors while accelerating industrial expansion across the state.
Investment and growth targets
The policy seeks to:
- Attract ₹10 lakh crore in fresh investments.
- Promote high-value manufacturing sectors.
- Encourage research, development, and innovation.
- Strengthen support mechanisms for startups and emerging enterprises.
- Enhance Gujarat's contribution to India's economic growth.
Vision for 2047
The government said the policy aligns with its long-term objective of helping Gujarat evolve into a
USD 3.5 trillion economy by 2047, coinciding with the centenary of India's independence.
Gujarat has long been one of India's leading industrial states, with strengths in sectors such as chemicals, petrochemicals, engineering, pharmaceuticals, automobiles, renewable energy, and ports. The new policy seeks to build on these advantages while expanding into emerging areas of advanced manufacturing and innovation-driven industries.
By combining investment incentives with support for startups and technology-led enterprises, the state hopes to attract both domestic and international investors and maintain its position as a major destination for industrial development in
India.