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Ranchhodlal Chhotalal (1823-1898) was a pioneer of the textile industry in Ahmedabad. He was awarded the title of Rao Bahadur by the British Government.
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Ambalal Sarabhai (1890-1967) was a leading industrialist of Ahmedabad and also played an important role in India's freedom struggle.He was educated at Gujarat College in Ahmedabad and joined his family business as the direcor of Karamchand Premchand Private Ltd.
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Ahmedabad has a thriving chemicals and pharmaceuticals industry. Two of the biggest pharmaceutical companies of India — Zydus Cadila and Torrent Pharmaceuticals — are based in the city.The city serves as the corporate headquarters of the Adani Group, which is a leading multinational trading and infrastructure development company. The Nirma group of industries, which runs a large number of detergent and chemical industrial units, has its corporate headquarters in the city. In recent year many foreign companies have set up their sales offices and production facilities in Ahmedabad. Amongst them are Bosch Rexroth, Germany (hydraulic components); Stork, Netherlands (textile machinery; joint venture with ATE, India's leading textile equipment trading house).
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The completion and operation of the Sardar Sarovar Project of dams and canals has improved the supply of potable water and electricity for the city. In recent years, the Gujarat government has increased investment in the modernisation of the city's infrastructure, providing for the construction of larger roads and improvements to water supply, electricity and communications. The information technology industry has developed significantly in Ahmedabad.[33] A NASSCOM survey in 2002 on the "Super Nine Indian Destinations" for IT-enabled services ranked Ahmedabad fifth among the top nine most competitive cities in the country.[18] City is the largest supplier of denim and one of the largest exporters of gems and jewelery in India
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