Gandhinagar: The Gujarat government on Monday unveiled its ambitious Industrial Policy 2026 at Mahatma Mandir, outlining a comprehensive roadmap to transform the state into a global manufacturing, innovation, and research hub. The policy aims to attract ₹10 lakh crore in investments over the next five years while promoting green industrial development, high-tech sectors, startups, and balanced regional growth.
Chief Minister Bhupendra Patel and Minister of State for Home Harsh Sanghavi announced the policy, emphasizing a “double-engine growth model” focused on both improved quality of life and higher income opportunities. The state has also set a long-term goal of expanding Gujarat’s economy to $3.5 trillion by 2047.
A key highlight of the policy is the establishment of Green GIDCs powered entirely by renewable energy. Under the Project T.H.R.I.V.E. initiative, the government plans to promote sustainable industrial development and reduce pollution across urban centers. Officials described green and sustainable industrial growth as one of the policy’s most important pillars.
To strengthen Gujarat’s position in future technologies, the government has identified 21 high-tech “thrust sectors” that will receive special incentives. These include green hydrogen, electrolyzers, battery storage systems, semiconductor-support industries such as ultra-pure gases and chemicals, drones, robotics, space-related manufacturing, defense, aerospace, toys, and sports goods manufacturing.
The policy also provides significant support for startups and women entrepreneurs. Startups with women co-founders will receive a monthly allowance of ₹30,000 for one year, along with an additional one percent interest subsidy on term loans. High-tech and green startups will be eligible for seed support of up to ₹50 lakh.
To simplify business operations, the government will establish industrial assistance centers under a Hub-and-Spoke model, offering single-window support to investors and entrepreneurs.
In a major push for innovation, Gujarat will establish a Special Research and Innovation Park to position itself as a global R&D destination. The first five research centers investing more than ₹300 crore will be eligible for an “Early Bird Incentive,” including capital subsidies of up to 50 percent, capped at ₹50 crore annually.
Addressing the gathering, Harsh Sanghavi said the government remains committed to supporting industries and ensuring that businesses do not need to move outside Gujarat. He highlighted that more than 1.05 lakh applications had been processed in the past year and noted that industrial approval procedures had been significantly streamlined.
Sanghavi also stated that Gujarat is the first state in India to place such a strong emphasis on research and development, with subsidy support reaching up to 50 percent for eligible R&D projects. He added that the state remains India’s leading manufacturing destination and possesses immense potential in sectors such as data centers and advanced technologies.
Chief Minister Bhupendra Patel described the policy as one that would not only support existing industries in Gujarat but also attract investors from across India and abroad. He said the policy had been designed after incorporating extensive feedback from industry stakeholders.
Highlighting Prime Minister Narendra Modi’s vision of development, Patel said the past 12 years had witnessed significant social, economic, and industrial transformation. He noted that Gujarat had emerged as one of India’s preferred destinations for investment, manufacturing, and infrastructure development.
The Chief Minister stressed that the policy aligns with the vision of Viksit Bharat 2047, while also promoting environmental protection, sustainable industrialization, women-led entrepreneurship, and balanced regional development.
Chief Secretary Manoj Das said the policy had been crafted to support India’s emergence as a global economic powerhouse. He noted that Gujarat’s GDP growth rate had increased from 6.2 percent to 8.4 percent over the past two decades and that the policy was designed to encourage emerging industries and future-ready sectors.
Additional Chief Secretary (Industries and Mines) Mamta Verma highlighted the introduction of the innovative “Choose Your Incentive” framework, allowing industries to select benefits best suited to their requirements. She added that incentives would be linked to employment generation, industry category, and investment levels, with special emphasis on MSMEs, women entrepreneurs, startups, and innovation-driven businesses.
Officials expressed confidence that the new policy framework would help Gujarat attract ₹10 lakh crore in investments during the five-year policy period, further strengthening the state’s position as India’s leading industrial and manufacturing powerhouse.
