Economic Overview & Business Opportunities
Known as the “textile hub” of India, Surat was once the country’s primary outgoing port during the British occupation. It’s become an export engine once more, and now features a diverse economy of textiles, manufacturing, and jewelry. Currently, 4.2 million people inhabit this coastal city, and Surat is set to add 5 percent more each year. Though the city — along with nearby Mumbai, of course — is among India’s most globalized urban area, Surat braved the headwinds from the global financial crisis by tapping to the strong domestic demand of India’s burgeoning middle class.