Trending Gujarat, India Startups

Gujarat india is a state located in the western part of the country with a population of over 60 million people gujarat has a rich history of entrepreneurship dating back to ancient times the state is known for its diverse geography ranging from the arid rann of kutch to the lush forests of the dangs in recent years gujarat has emerged as a hub for technological innovation with a number of startups and established companies making their mark in the region some of the notable companies founded in gujarat include zydus cadila adani group and torrent pharmaceuticals additionally several multinational corporations have established their headquarters in the state including tata motors and reliance industries gujarat is also home to several prestigious universities including the indian institute of technology gandhinagar and the gujarat technological university the living wage in gujarat is around inr 10000 per month and the unemployment rate is currently at 48 despite these positive indicators the startup scene in gujarat has faced its fair share of challenges the rate of new companies starting and ending is relatively high and the city level gdp has been stagnant in recent years however many entrepreneurs in the region remain optimistic about the future citing the states supportive business environment and growing pool of talent as reasons for continued growth