Economy and Industrial Profile
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Industrial development in Bhavnagar district could be attributed to the presence of a large number of diamond cutting and polishing units, salt and marine chemicals, plastics, ship building, and ship-breaking industries. Bhavnagar is an important centre for the diamond cutting and polishing industry in Gujarat as well as India. Thousands of skilled diamond-polishing workers are employed in diamond-cutting and polishing firms, whose subsidiary offices are involved in cities like Surat, Mumbai, and Antwerp. Bhavnagar stands second in the diamond cutting & polishing industry after Surat in India, with 6,000 units operating from the district and employing more than 300,000 people. Bhavnagar’s commercial importance is enhanced by its proximity with the Gulf of Cambay and the Arabian Sea.
Bhavnagar is the largest producer of salt, with 34,500 tons of salt being produced annually in the district. The Alang ship breaking yard is the biggest in the world, recycling about 50% of the salvaged ships of the world. This has also helped developing supporting industries, such as oxygen bottling plants, re-rolling mills, and induction furnaces. Bhavnagar manufactures FRP (Fiberglass Reinforced Plastic) boats and steel vessels at the ship building facility of Alcock Ashdown (Gujarat) Ltd. The prominent industries located in Bhavnagar are Alcock Ashdown (Government of Gujarat Undertaking), Tamboli Castings Limited, Excel, SteelCast Bhavnagar, Investment & Precision Castings, Elite Chemicals and Sound Build Care Pvt Ltd. Ruvapari Road and Nari Road are areas where most industries are clustered. Bhavnagar has about 150 units manufacturing plastic monofilaments, and more than 400 units manufacturing plastic cloth, twine, ropes, films, and multifilament yarn. Some sections of the society depend upon agriculture for their livelihood. The city is a prominent trading post for cotton products. There are 112 medium and large scale industries located in Bhavnagar district.
One of the most important Antacid chemical, Magnesium Hydroxide was first manufactured in India by a Bhavnagar based company, Elite Chemicals(www.elitechemical.com). Till then it was imported.
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