Like any other developing nation, India’s economic growth is highly dependent on infrastructure expansion. The Central Government has recognized the importance of infrastructure in promoting the economic growth of the country – its ambitious ‘100 smart cities’ programed is one of the major factors pushing development in recent times. The Prime Minister’s ‘Make in India’ initiative, launched with the aim to turn India into a global manufacturing hub, has added to the infrastructure growth story. The recent developments in infrastructure, such as the Metro in various cities, Yamuna Expressway, the upcoming Gujarat International Finance Tec- City (Gift City) near Ahmedabad and the new airports that have come up in New Delhi, Hyderabad, Mumbai, Bengaluru and Kolkata, are at par with their international counterparts.
Innovative ventures, such as the solar power project over the Narmada Canal, have added a new dimension to infrastructure development in the country. The Dedicated Fright Corridor (DFC), The Delhi-Mumbai Industrial Corridor (DMIC), The Amritsar Delhi Kolkata Industrial Corridor (ADKIC) and The Chennai – Bangalore Industrial Corridor are the Projects that will prove to be game-changers in India.
Fact Sheet of Gujarat :
- 10th Most populated State in the Country
- 7th Largest State in the Country in terms of area
- Contributes 45% of the country’s exports from SEZs
- Gujarat Produces 91% of India’s requirement of soda ash, 66% of national salt requirement & more than 35% of India’s chemicals.
- State’s economy grew by 10% YoY in 2003-04 & 2012-13
Gujarat is the most industrialized state in India and leads in the production of pharmaceuticals, soda ash, salt, plastics, petrochemicals and chemicals in the country. Gujarat is among the major beneficiaries of the DMIC. Besides the Ahmedabad- Dholera Investment region, four other nodes have been proposed on the DMIC corridor in the state. The proposed Delhi Mumbai Industrial Corridor (DMIC)covers approximately 62 per cent of Gujarat’s land area and passes through Ahmedabad, Vadodara and Surat – one of the most industrialised regions of the country. The implementation of DMIC initiatives between Ahmedabad and Surat will lead to further development, industrialization and improvement in infrastructure along this stretch. The groundwork has already begun between Ahmedabad and Dholera in the first phase.
Ahmedabad, the commercial capital of Gujarat, is the largest city in the state. The city has been undergoing significant transition since the 2001 earthquake caused large-scale devastation. Nine years later, Forbes deemed Ahmedabad one of the fastest growing cities in the world, behind Chengdu and Chongqing, both in China. At the core of this development is a focus on infrastructure and manufacturing. The rapid pace of development sweeping Ahmedabad has now almost reached Gandhinagar. The two cities, along with Sanand, are set to form the largest urban agglomeration in Gujarat in the near future.
The Gujarat International Finance Tec-City (GIFT City) is located 12 km from Gandhinagar and 25 km from Sardar Vallabhbhai Patel International Airport. This heightened state of development in Ahmedabad is not restricted to the northern part of the city. Work on the Ahmedabad-Dholera Special Investment Region node of the DMIC has commenced, and this has fuelled real estate development on the Ahmedabad-Dholera stretch, southwest of Ahmedabad city. The proposed DMIC will tower above all the other infrastructure projects in the country. With Gujarat taking the lead in its implementation, cities on the DMIC in the state will reap immense benefits. Ahmedabad is the largest city in Gujarat and within the influence zone of DMIC. This locational benefit will augur well for the state’s commercial capital.
Ahmedabad is one of the most progressive districts in Gujarat and is ahead of the state on most demographic parameters. The city’s social infrastructure is vibrant, which adds to its quality of life. Ahmedabad is one of the oldest centres of learning in India. Some institutes that are functional even in the present day were established during the pre-independence era. The city is also home to some of the best medical establishments in the country.
Select Higher Educational Institutes in Ahmedabad & Gandhinagar :
1871 – B.J.Medical College – Asarwa 1920 – Gujarat Vidyapith – Ashram Road
1961 – Indian Institute of Management – Vastrapur 1961 – National Institute of Design – Paldi
1962 – Central Environment Planning and Technology University – Navrangpura
1983 – Entrepreneurship Development Institute of India – Bhat 1991 – MICA – Shela, Ahmedabad
1995 – National Institute of Fashion Techonology – Gandhinagar 2004 – Gujarat National Law University – Koba, Gandhinagar
2007 – Gujarat Techonology University – Gandhinagar 2009 – Adani Institute of Infrastrure Management – S.G Road, Ahmedabad
The residential property market in Ahmedabad city has remained largely subdued. As a result of the subdued demand, new launches have been restrained. Integrated townships, developed largely in the western part of the city, are a new trend in Ahmedabad’s residential real estate space. National level developers such as Godrej Properties have moved into this space. Some of the integrated townships coming up in the city include Godrej Garden City, off S.G. Road; Shantigram by Adani Group, near S.G. Road; Applewoods by Sandesh Group on S.P. Ring Road; Smile City by Ganesh Housing Group, near S.P. Ring Road; and a project by Savvy Infrastructure near the Godrej Garden City project. The western and northern parts of the city have been witness to the lion’s share of new developments in Ahmedabad. Other parts of the city, however, have developments on a much smaller scale.