Viksit Gujarat Industrial Policy 2026: The vision of Viksit Gujarat to Viksit Bharat

Gujarat’s Viksit Gujarat Industrial Policy 2026 marks a clear shift from routine incentive-led industrial policy to a more targeted, future-facing model. Announced in June 2026, the policy is designed to draw investment into high-growth sectors such as semiconductors, green hydrogen, battery storage, drones, robotics, aerospace, and space-related manufacturing, with the government setting an investment target of Rs 10 lakh crore over five years.

What stands out is the policy’s flexibility. For the first time, large and mega units can choose a mix of capital, interest, and power subsidies depending on project structure and financial need, instead of being locked into a single incentive format. It also creates an ultra-mega category for projects of Rs 10,000 crore and above that generate 3,000-plus jobs, signalling that Gujarat wants to compete for the biggest industrial commitments, not just incremental expansion.

The policy also broadens its focus beyond factories. It introduces support for start-ups, women-led enterprises, R&D centres, worker housing, and industrial relocation through Project thrive, which is meant to ease congestion in urban centres while pushing industry toward new growth corridors. Environmental compliance is also woven into the policy through incentives for wastewater recycling, zero liquid discharge systems, and cleaner production technologies.

For Gujarat, the broader message is familiar but sharper: manufacturing strength remains the base, but the new competitive edge is innovation, sustainability, and scale. The policy is not just about attracting capital; it is about reshaping where industry goes, what it produces, and how it grows over the next decade.