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.
Small Scale Industries (SSI)
The district has 10,080 SSI units with employment of 49,587 involving a total investment of 28,955 lakhs (USD 70.62 million). Around 4,460 SSI units are present in Bhavnagar taluka, witnessing investments to the tune of 9,956 lakhs (USD 24.28 million). Other industries are repairing & servicing, textiles, chemicals, glass & ceramics, and wood products.
Industry investment trends
As per the Industrial Entrepreneur Memoranda (IEMs) filed, the total investment during 1988-97 was 2,693 Crore (USD 657 million), and during 1998-2007 investments worth 4,775 Crore (USD 1,164.6 million) were undertaken. Around 87% of the investments during 1998-07 has been contributed by infrastructure projects, and the cement and gypsum, and chemicals sectors, while 89% of the investments during 1988-97 was contributed by industries such as chemicals, cement and gypsum. Miscellaneous machinery and engineering sector showed increase in number of units while chemicals, plastic and food processing industries showed remarkable growth in investments during 1998-2007.
Investment trends: 1998-07
Infrastructure sector attracted the highest investment of 2,200 Crore (USD 536.5 million) contributing 46% to total investments generated during 1998-07.The next highest investment was generated by cement and gypsum sector of 1,637 Crore (USD 399.26 million) growing by 39% and contributing 34% to the total investments.Highest employment was generated by the chemical
