What is Gujarat's projected economic growth for FY27?

Gujarat's economy is projected to expand by 11.4% in FY27.

How has the composition of Gujarat's economy changed?

The share of manufacturing has risen to 32.8%, while agriculture's share has decreased to 14.2%.

What is Gujarat's fiscal deficit projection for FY27?

Gujarat's fiscal deficit is projected to be 1.97% of GSDP in FY27.

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Gujarat Economy Booms: 11.4% Growth Projected for FY27

18 Feb

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Summary

Gujarat's economy set to grow 11.4% in FY27, reaching ₹33.24 lakh crore.
Manufacturing share rises to 32.8% while agriculture falls to 14.2%.
Capital expenditure surges 25.94% year-on-year to boost infrastructure.

Gujarat Economy Booms: 11.4% Growth Projected for FY27

Gujarat's economy is poised for significant expansion, with a projected growth rate of 11.4% in FY27. This robust performance is expected to elevate the state's Gross State Domestic Product (GSDP) to ₹33.24 lakh crore. The economic structure continues to evolve, marked by a rising contribution from manufacturing, which now accounts for 32.8% of the GSDP, up from 28.4% in FY12. Conversely, the agriculture sector's share has declined to 14.2% in FY25 from 17.8% in FY12.