Gujarat, one of the leading industrialised states of India is located on the western coast of India and has the longest coastline of 1,600 km in the country. The state shares its borders with Rajasthan, Madhya Pradesh, Maharashtra and the Union Territories of Daman & Diu and Dadra & Nagar Haveli. The Arabian Sea borders the state both to the west and the south-west. Gujarat is considered the petroleum capital of India due to presence of large refining capacity set up by private and public sector companies. As of July 2018, Gujarat had four refineries with a combined capacity of 101.9 MMTPA. Gross State Domestic Product (GSDP) of Gujarat increased at a CAGR of 13.55 percent between 2011-12 and 2016-17 to reach INR 11.62 trillion (USD 173.24 billion) during 2016-17. Gujarat has achieved the distinction of being one of the most industrially developed states and contributes about a quarter to India’s goods exports. Gujarat had 17 operational SEZs, four SEZs with valid in-principle approvals, 28 SEZs with formal approvals and 24 SEZs with notified approvals, as of January 2019. According to the Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investments (FDI) inflows in the state of Gujarat reached USD 20.421 billion during April 2000 – December 2018. Gujarat accounted for about 5 percent share in the overall FDI inflows in India.