Gujarat's major cities include Ahmedabad, Surat, Vadodara, Rajkot, Bhavnagar and Jamnagar, Karamsad - v.v.nager. In year 2010, Forbes list of world's fastest growing cities included Ahmedabad at number 3 after Chengdu and Chongqing from China. Surat is also one of the fastest growing city in India. Major resources produced by the state include cotton, groundnut, dates, sugarcane, and petrochemical products. The state is rich in calcite, gypsum, manganese, lignite, bauxite, limestone, agate, feldspar and quartz sand, and successful mining of these minerals is done in their specified areas. Gujarat produces about 98% of India's required amount of Soda Ash and gives the country about 78% of its national requirement of salt. It is one of India's most prosperous states, having a per-capita GDP significantly above India's average. Kalol, Khambhat and Ankaleshwar are today known for their oil and natural gas production. Dhuvaran has a thermal power station, which uses coal, oil and gas. Also, on the Gulf of Khambat, 50 kilometres (31 mi) southeast of Bhavnagar, is the Alang Ship Recycling Yard (the world's largest).General Motors manufactures its cars at Halol near Vadodara, Tata manufactures Nano from Sanand near Ahmedabad and AMW trucks are made near Bhuj. Surat, a city by the Gulf of Khambat, is a hub of the global diamond trade. In 2003, 92% of the world's diamonds were cut and polished in Surat.[18]
Gujarat passed an act for the SIRs and set up the first such hub—Petroleum Chemical and Petrochemical Investment Region (PCPIR) spread across 453,000 square hectares—in Bharuch 2009. SIRs are special regions spread over a minimum 50,000 hectares where industries can buy lands directly from local owners. They are not offered concessions like tax benefits as in SEZs. However, the main benefit of SIRs is that they provide quality infrastructure and development even before units become operational. In every SIR, 55 per cent area is to be set aside for residential townships and other non-processing units.
During the period of 1960–90, Gujarat established itself as a leader in various industrial sectors including textiles, engineering, chemicals, petrochemicals, drugs and pharmaceuticals, dairy, cement and ceramics, and gems and jewellery, amongst others. A post-liberalization period saw Gujarat's State Domestic Product (SDP) rising at an average growth rate of 14% per annum in real terms (from 1994–2002). Gujarat achieved as much as 35% of augmentation in its power generation capacity during the periods 1995–96 and 2000–01. The producers (IPPs) have contributed significantly in this addition. Gujarat is one of the first few states in India to have encouraged private sector investment, some of which are already in operation. In addition, the liquid cargo (chemicals) handling port at Dahej is also set up in joint sector and made operational. At an investor's summit entitled "Vibrant Gujarat," arranged between 10 January 2007 to 13 January 2007, at Science City, Ahmedabad, the state government signed 104 Memoranda of Understandings for Special Economic Zones worth a total of 2.5 lakh crore. However, most of the investment was from domestic industry. In the fourth Vibrant Gujarat Global Investors' Summit held at Science City, Ahmedabad, in January 2009, there were 600 foreign delegates. In all, 8668 MOUs worth 12.5 lakh cr were signed, estimated to create 25 lakh new job opportunities in the state. In 2011, Vibrant Gujarat Global Investors' Summit MOUs worth 21 trillion (US$ 463 billion) were signed.
Gujarat government has a front runner in development of solar energy in the state. It has alloted 716 MW of Solar Power capacity to 34 national and international solar project developers in 2009; against the planned 500 MW capacity under its Solar Power Policy. This is expected to bring in investments of INR 12000 crore and generate employmentment for 5,000 people. It's a also biggest industrial is ceramic business around Morbi, Himatanagar.