Gujarat’s new export promotion scheme, launched on June 24, 2025, aims to bolster the state’s position as India’s export leader. With incentives aligned with the Centre’s policies, the initiative targets ₹35,000 crore in investments, focusing on electronics, textiles, and petrochemicals. The policy emphasizes district-led growth, reduced import dependency, and enhanced global competitiveness, reinforcing Gujarat’s role in India’s $1 trillion export goal by 2030.
Gujarat’s New Export Push to Strengthen Global Market Presence
On June 24, 2025, the Gujarat government launched an ambitious export promotion scheme, designed to cement the state’s position as India’s top exporter and align with the national goal of achieving $1 trillion in exports by 2030. This initiative builds on Gujarat’s stellar track record, having accounted for 30.7% of India’s total exports in 2024-25, with exports worth ₹9,05,346 crore (US$106.27 billion) until February 2025, driven significantly by petroleum products (38%), organic and inorganic chemicals, and gems and jewellery.
The new scheme integrates features of the Union government’s Foreign Trade Policy (FTP) 2023, focusing on district-led export growth. A state-level export promotion authority, monitored by a high-level committee headed by the chief secretary, will oversee its implementation. District export promotion committees will identify and incentivize products with high export potential across Gujarat’s 33 districts, fostering self-reliance and global competitiveness. This decentralized approach aims to transform each district into an export hub, with tailored action plans to boost sectors like textiles, electronics, and petrochemicals.
A key component of the scheme is the Gujarat Electronics Component Manufacturing Policy-2025 (GECMS-2025), which targets ₹35,000 crore in investments to position Gujarat as a global electronics manufacturing hub. By offering dual incentives with the Centre’s Electronics Component Manufacturing Scheme (ECMS), the policy seeks to reduce import dependency and enhance value addition in global supply chains. The deadline for applications to avail benefits under GECMS-2025 is July 31, 2025, ensuring rapid implementation. Units availing incentives under this policy will not qualify for benefits under the earlier Gujarat Electronics Policy 2022-28 to avoid duplication.
Gujarat’s strategic geographic location, robust infrastructure, and abundant natural resources provide a strong foundation for this export revolution. The state has already seen significant investments, such as Hindalco’s ₹2,450 crore copper projects in Dahej and Maruti Suzuki’s ₹38,200 crore investment to double its output by 2031. The semiconductor sector is also gaining traction, with a ₹91,000 crore facility in Dholera set to begin chip production by 2026. These projects underscore Gujarat’s growing role in high-tech and value-added industries.
The textile sector, a traditional strength, is poised for a comeback. Gujarat, the second-largest textile exporter in India with $5,749 million in exports in 2023-24, is leveraging its new textile policy to focus on integrated infrastructure and value-added production. This could help the state challenge Tamil Nadu’s top position in textile exports. Additionally, the scheme supports MSMEs through capital and interest subsidies, quality certifications, and easier access to global markets via trade fairs and logistics infrastructure.
The policy aligns with India’s broader economic ambitions, including the Production-Linked Incentives (PLI) scheme, which has boosted electronics exports by 42% in 2024. However, challenges remain, such as India’s protectionist trade policies, which impose tariffs on key inputs like circuit boards and solar inverters, potentially eroding competitiveness. Gujarat’s new scheme aims to mitigate these hurdles by fostering a business-friendly environment and leveraging free trade agreements (FTAs) with countries like the UAE and Australia, which have doubled and tripled service exports, respectively.
Gujarat’s export growth is also supported by its robust infrastructure. The state boasts a total installed power generation capacity of 57,886.85 MW as of February 2025 and leads in maritime port cargo volume. Investments in renewable energy, with a 30,000 MW target by 2022, and projects like the Delhi-Mumbai Industrial Corridor and GIFT City further enhance its appeal to global investors. The scheme’s focus on sunrise sectors like green hydrogen, space technology, and electric mobility, highlighted at the Vibrant Gujarat Global Summit 2024, signals a forward-looking approach.
Industry experts are optimistic about the scheme’s potential. “Gujarat’s decentralized export strategy, combined with targeted incentives, could redefine India’s global trade landscape,” said a spokesperson from the Confederation of Indian Industry (CII). With its industrial prowess and policy innovations, Gujarat is poised to drive India’s export revolution, setting a benchmark for other states to follow.
Disclaimer: This article is based on information from credible news sources, government reports, and industry insights available as of July 5, 2025. The data and projections are subject to change based on economic and policy developments.