One of India's most industrialized and business friendly States, Gujarat maintains a variety of industries, the principal ones being general and electrical engineering and the manufacture of textiles, vegetable oils, chemicals, soda ash, and cement. New industries include the production of fertilizers and petrochemicals. Major resources produced by the State include cotton, peanuts, dates, sugarcane, and petrol. 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 91% of India's required amount of soda ash and gives the country about 66% of its national requirement of salt. Chemical Industries in Gujarat count for more than 35% of Indian Chemicals production.

In recent years, Gujarat has gained a prominent place in India's automobile industry, with several automobile plants being set up in the State and it is one of India's most prosperous States, having a per-capita GDP significantly above India's average. During the period 1960–1990, Gujarat established itself as a leader in various industrial sectors drugs and pharmaceuticals, dairy, cement and ceramics, and gems and jewellery. The post-liberalization period saw Gujarat's State Domestic Product (SDP) rising at an average growth rate of 14% per annum in real terms. The State operating companies like GNFC, GSPC, GSFC, GMDC are a few among flagship companies of the State. Gujarat also becoming international finance centre and attracting huge investments and financial institutions to set up their operations.

The Vision and Mission initiated by the then Chief Minister, Shri Narendra Modi to play important role for economic growth of the Nation and now he is as a successful Prime Minister of India, building India as a “manufacturing hub” and marching towards making India as a third largest economy in the world.