Ahmedabad is the largest city of Gujarat - one of the most prosperous states if India. It is a bustling metropolis with a population of nearly 7 million. The city is an important commercial hub of the region.
With an estimated GDP of $119 billion, Ahmedabad is the second biggest industrial center in Western India after Mumbai.
The city is home to the second oldest stock exchange in the country – The Ahmedabad Stock Exchange (ASE).
Some of the best Educational institutes in India, such as the Indian Institute of Management (IIM-A), are based here and the city has the lowest crime rate among all 35 cities in India with a population exceeding 1 million.
It was listed as the fastest growing city in India by Forbes and chosen by the Times of India newspaper as the ‘best Indian city to live in’. This is hardly surprising, as Ahmedabad boasts of modern infrastructure and amenities, promising employment opportunities and affordable living.
The earliest textile mill in Ahmedabad was established way back in 1861 and the city can rightly be considered the birthplace of the Indian Textile industry.
Currently Ahmedabad is the second largest cotton textile center in India after Mumbai. The soil in the region is ideally suited to nurture cotton crops and thus provides ample raw material to the textile mills of the city.
Arvind Ltd., one of top textile companies that are based in the city, is one of the 3 biggest producers of denim fabric in the world.
Administrative streamlining has made it easier for companies to set up manufacturing plants in the state of Gujarat, especially in its major industrial center Ahmedabad.
After Tata Motors, the automobile giant, established its Tata Nano plant in Ahmedabad the city has seen an upsurge in automobile manufacturing.
Ford, Suzuki and Peugeot are all set to establish their manufacturing operations in the city, making Ahmedabad a major hub of automobile industry in the region.
Import and Export
Ahmedabad’s proximity to seaports makes it an ideal location for international commerce. It is currently one of the largest exporters of textiles, especially denim fabrics, as well as precious gemstones and jewellery in the country
Ahmedabad is home to some of the biggest names in the pharmaceutical industry in India. Zydus Cadila ,Torrent Pharmaceuticals, Intas Pharmaceuticals and Paras Pharmaceuticals are just some of the names of the major players in the pharmaceutical industry active in Ahmedabad.
Ahmedabad was ranked fifth in a list of the top Destinations for IT companies in India in a NASSCOM survey.
In recent years, the city has emerged as a worthy location for IT companies. Already R&D centers have been set up here by some of the leading IT companies in the country. Additionally, industry leaders like Tata Consultancy Services (TCS) are opening up offices here, further solidifying Ahmedabad’s status as the next hot destination for IT companies in the region.
Gujarat has always been a place where professions in trade and commerce were highly sought after and nowhere is this more true than in the state’s greatest commercial and industrial center – Ahmedabad. People seeking employment in this thriving center of commerce will find that the knack for profitmaking is a deeply ingrained characteristic of Ahmedabad. This quality has served the city well, paving the roads of prosperity, and will continue to consolidate Ahmedabad’s position as one of the most prosperous cities in India..