Vadodara also known as Baroda is the third most-populated city in the Indian state of Gujarat after Ahmedabad and Surat. Major industries include petrochemicals, engineering, pharmaceuticals, and plastics.
The discovery of oil and gas in Ankleshwar led to the industrial development of Gujarat in a big way. The Vadodara region is the largest beneficiary in the process of this industrialization.
In Vadodara various large-scale industries such as Gujarat State Fertilizers & Chemicals (GSFC), Indian Petrochemicals Corporation Limited (IPCL, Reliance) and Gujarat Alkalies and Chemicals Limited (GACL) have come up in the vicinity of Gujarat Refinery and all of them are dependent on it for their fuel and feedstock. Other large-scale public sector units are Heavy Water Project, Gujarat Industries Power Company Limited, ONGC & GAIL. In addition to these public sector enterprises, a number of other large-scale enterprises have come up in the private sector.
The establishment of large industrial units in a region automatically brings into existence a number of smaller enterprises. Vadodara is no exception and the city and the surrounding areas are today humming with industrial activity. The industrialization of Vadodara has attracted entrepreneurs not only from Vadodara but also from all over Gujarat and India.
In line with the 'Knowledge City' vision of the Confederation of Indian Industry, Vadodara is gradually becoming a hub in Gujarat for IT and other development projects.
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