South Gujarat and Surat in particular is a land of entrepreneurs and people with strong vision to grow beyond boundaries with innovation.
Surat is a Jewel in the Crown of the Vibrant State of Gujarat. It is the Commercial Capital of Gujarat with a Highest GDP in the country, In terms of GDP Contribution from the cities of India, Surat is Ranked as 8th in the total ranking having a GDP of nearly US $ 58 Billion, which is more than many countries of the world.
As per the Study Conducted by the Oxford Economics, Surat is currently the World’s Fastest Growing City in Terms of its GDP Contribution and Population Growth.
Surat is also known as India’s “Diamond City” and “Silk City”
Under Man Made Fibre Textiles, Surat is Competing Directly with China, and has highest in the world Waterjet Machines just next to the count of entire China.
Surat Contributes to nearly 65% of the production of MMF Textiles in India, it is the only city in India, which has entire supply chain of MMF textile across India.
National Council of Applied Economic Research (NCAER) has declared Surat as the most prosperous Indian City with the Highest Per Capita Household Income.
World’s Biggest Diamond Cutting & Polishing Industry and India’s largest Man Made Fabric industry has put Surat on the map of the world.
Surat is the hub of MSMEs in Gujarat. SITEX 2022 will tap this immense growth potential.
The Hazira belt about 17 KMS. FROM Surat has the highest investment figure with the presence of many conglomerates like Reliance, L & T, ONGC, ArcelorMittal, NTPC, GAIL, KRIBHCO, SHELL, Ambuja Cement, CAIRN Energy, Adani Port, BPCL, Gujarat Gas Co. Ltd, NIKO and many more at Ankleshwar, Bharuch, Dahej, Navsari, Valsad & Vapi mention worthy corporate.
TEXTILE STRENGTH OF SURAT
Total No. of Looms: 6,00,000
Total No. of Water Jet: 30,000 | Rapier: 25,000
Total No. of Air Jet: 3,000 | Velvet: 1,500
Total No. of Process Houses: 350
Total Embroidery Machines : 1,50,000
Total Number of Warp Knitting Machines: 1,200
Total Number of Circular Knitting Machines: 3,500
Total No. of Textile Shops: 75,000
Total Yarn Production per Year:10.50 lacs MT
Total Yarn Sales per year: 115 Billion INR
Total Fabric Production per year: 13,000 Million Meters
Appx Sale Value of Fabric produced in a year: 850 Billion INR
Total Employment in Textile Sector in Surat: 1.5 Million People
Entrepreneurs in Textile segment in Surat: 1.50 lacs Individual