Industry-friendly moves keep Gujarat ahead in investor perceptions

Industry-friendly moves keep Gujarat ahead in investor perceptions

Gujarat gains because it was the first to check all the boxes as far as investor-friendly policies are concerned

Instead of letting the difficulty become debilitating, the state moved to adopt a gas economy, becoming the first state in India to adopt it aggressively.

The news that Vedanta controversially chose Gujarat over Maharashtra to set up its $20-billion semiconductor manufacturing unit along with Taiwan’s Foxconn has drawn fresh attention to why the state remains popular with investors, beyond the obvious political connections.

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