Gujarat is in the forefront of economic development and industrialization. Besides
being a major manufacturer of Pharmaceuticals, Dyes, Chemicals and textile etc.
Gujarat also has huge resources of petroleum deposits with it and is a major producer
of petrochemicals too. Gujarat caters to a vast hinterland, which constitutes 35%
of India’s exports. In today’s scenario Gujarat has made up plans to
become one of the major players in the global IT sector too.
Major multinationals and prestigious national corporates have preferred this state
to start their industries and corporate nerve centers too. Growing industrialization
of the State & increasing needs of the people for better quality of life the
need to cater to the burgeoning trade through the hinterland has put tremendous
pressure on the existing infrastructure in the State. Therefore, there is a clear
need for World Class Infrastructure to sustain this rapid pace of economic growth.
Gujarat is the first state in India to have a law governing Built Own and Transfer
(BOT) transaction and such other arrangements along with private participation in
infrastructure projects. Roads in the transport sector accounts for nearly 17.05%
of the total planned investments amounting to Rs.19951 crores for the period upto
2010 of "Gujarat Infrastructure Agenda – Vision 2010".