The Gujarat Government has introduced the Viksit Gujarat Industrial Policy 2026, a comprehensive framework aimed at attracting investments worth Rs 10 lakh crore over the next five years while reinforcing the state’s standing as a major destination for manufacturing, research, and technological advancement.
The policy outlines a broad range of incentives designed to support industries, micro, small and medium enterprises (MSMEs), startups, research institutions, and high-skilled manufacturing projects. The initiative forms part of Gujarat’s larger economic vision to emerge as a US$ 3.5 trillion economy by 2047.
A notable feature of the policy is the introduction of a flexible ‘Choose Your Incentive’ mechanism, allowing investors to tailor government support according to their business requirements. Eligible enterprises can opt for a combination of capital assistance, interest subsidies, and power tariff reimbursements, creating a more customized investment environment.
The policy identifies 21 priority sectors expected to drive future economic growth. These include green energy, advanced manufacturing, robotics, drone technology, healthcare, mobility solutions, agro-processing, critical minerals, and semiconductor support industries. By focusing on these sectors, the government aims to strengthen Gujarat’s industrial competitiveness and attract next-generation investments.
To encourage innovation and technology development, the state plans to provide substantial incentives for large research and development facilities. The proposed Gujarat Research and Innovation Park will serve as a dedicated ecosystem offering shared testing, prototyping, and innovation infrastructure for enterprises and researchers.
The policy also places significant emphasis on nurturing startups through enhanced financial support and incubation assistance. Eligible startups will have access to monthly sustenance benefits, while additional incentives have been earmarked for women-led enterprises and ventures operating in high-technology sectors such as fintech, biotechnology, and green technologies.
Through this multi-pronged approach, the government seeks to create a stronger industrial ecosystem, promote innovation-led growth, generate employment opportunities, and position Gujarat as a leading hub for investment and advanced manufacturing in the coming decades.