Udaipur contributed Rs. 103.36 Crore in GST to the state treasury for the month of April 2021.
Despite lockdown being activated April onward, Udaipur contributed a substantial GST of Rs 103.36 Crore for April 2021, which was more than that of January, February and March of this year. The GST increased by 17% in April 2021. The major industries that contributed to this growth were IT, Pharmaceutical and Minerals among others.
Udaipur progressing across industries
GST collection in Udaipur during the last four months is the strongest evidence of this. Udaipur collected Rs. 76.16 crore in January, Rs. 81.70 Crore in February, Rs. 80.10 crores in March and Rs. 103.36 Crore in April in the face of tough situations. In the month of April, Udaipur's IT companies saw a 30% to 35% percent increase in revenue. Meanwhile, the pharmaceutical and chemical sectors exported their products, accounting for up to 80% of their total revenue. Meanwhile, the pharmaceutical and chemical sectors exported their products, accounting for up to 80% of their total revenue.
Despite the state's shutdown due to COVID, economic activity has regained momentum. The witnessed an investment of Rs. 550 Crore across 22 industries, including Textile, Food processing, Engineered Stone, metal-based manufacturing, and ATM machine production. As a result of this, Miraj plans to create multicolor paper work industry in Udaipur. Simultaneously, IT and Pharma zones are proposed in the Industrial area, Kalladwas in the near future. As a result, Udaipur's enterprise quotient will become stronger, and the government's revenue is likely to rise as well.