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Business and Economy of Dwarka

The economy of entire Gujarat state has significant industrial and agricultural production in India. The state is known to control some of the biggest businesses of the country. The major agricultural products found in and around Dwarka are milk and milk products, cane, dates, cotton and groundnuts. The industrial products include petrol and cement.

There are plenty of manufacturing units in and around Dwarka such as colors, pigments, agro chemical, and pesticides. Some of the companies operated by the state are GMDC, GSFC, GSPC, and GNFC among the other flagship companies here.
Business and Economy of Dwarka

Tourism Sector in Dwarka

Dwarka is a well known pilgrimage city for the Hindus and is also popularly known as the kingdom of Sri Krishna. Dwarka is a part of the char dham yatra. Several tourists and devotees throng the city every year to enjoy the mysteries in the region.

The tourism industry constitutes a major part of business in Dwarka. The region is particularly known for temples that are of high mythological significance. Some of the popular tourist destinations that draw hundreds of people every year are the Somnath Temple, Dwarka Lighthouse, Dwarkadish Temple, Nageshwara Jyotirlinga Temple, Rukshamanee Mandir, Beyt Dwarka, Gomati Sangam Ghat, Gita Mandir.

The presence of diverse landscapes such as beaches, water parks shopping malls, museums, and restaurants urges tourists to visit the region during any part of the year.

Temples, historical forts and places of historical importance show a huge potential for development. Those inclined towards unraveling the historical facts, find this place very interesting.

Art and Handicrafts

The city exhibits its unique charm with exquisite art works. Tourists love to explore the fantastic items such as eddying trousseau, Patola silk saris, embroidered handicraft items, garlanded footwear together with ghagra cholis, dress materials, saris that are decked in threads of different colors and shiny flecks. The artworks and fabrics are extremely gorgeous. The skilled craftsmen are very passionate about their work and run their families from the money they get selling these handicrafts.

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Growth and Market Drivers of Dwarka Economy

Demand for hotels increase with foreign and domestic tourists visiting Dwarka. Target market for resorts is the high end tourists, NRG's and NRI's. According to estimation of the Government of India, 20-25 million constitutes the Non Residential Indians, who make regular visits. Major chunk of the Gujarati origin of NRI is called the NRG. Today, a large section of the NRG and NRIs visit the land because of their strong cultural bond.

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Government of India further expects that there will be substantial increase in total number of tourists in the coming years and the growth rate is expected to increase by 1.5%. Robust increase in tourism will subsequently increase the levels of income and the overall economic growth of the region.

Growing congestions in cities and the daily hustles and bustles have lead to inventions of clubs, resorts and restaurants, where people can relax and enjoy with their family. Prime objective of the tourism industry is to offer a relaxed and fun filled environment to the tourists.

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