Rajkot is one of the fastest developing city located at in the center of Saurashtra region of Gujarat State situated on western part of India. Rajkot city is ranked 22nd in the world's fastest growing cities and urban areas from 2006 to 2020. With 14 talukas, Rajkot district is being considered the Economic, Industrial & Educational Hub for Saurashtra-Kutch.; Engineering, Plastic & Auto Ancillary industry spread in and around Rajkot city is the most emerging sector of the recent history. With auto Giants like Tata and Maruti now parking in the state, the industry has received a timely big boost.

The city contributes to the economy of the state with heavy and small scale industries. Rajkot is famous for its jewelers market, silk embroidery and watch parts. The city hosts several small scale manufacturing industries. Some of the industrial products for which Rajkot is known include bearings, diesel engines, kitchen knives and other cutting appliances, watch parts (cases & bracelets), automotive parts, forging industry, casting industry, machine tools, share market and software development. The city is also home to one of the largest CNC machine and machine tools manufacturer in the country, as well as Rajkot is well known throughout the world for its casting and forging industries. Rajkot is also famous for its gold purity. It has one of the largest gold markets in India.

Rajkot is situated quite close to the major ports and well connected to other states by different means of transportation. Owing to these factors, Rajkot has witnessed unprecedented growth in the last few years. Rajkot is connected to major Indian cities by Air, Railway and Road. The Gujarat State Road Transport Corporation (GSRTC) runs regular buses to and fro from Rajkot to other cities of Gujarat. Trains for the all the major cities of India are available from here. Daily multiple flights to Mumbai are giving good connectivity for better travel. The city also has good Star rated Hotels & Restaurants for visitors as well as leisure.

To provide better infrastructure facilities and environment for the growth of Industries GIDC established Lodhika GIDC Estate nearby Rajkot city on State Highway No. 23 and 12 kilometer from city in the year of 1995. The estate has good connectivity as well as primary infrastructure facilities i.e. Road and Street light, Water Supply Network, Industrial Usages Gas pipeline, SWD network, Telephone Exchange, Post Office, and several leading Banks.