Economy of Porbandar District in Gujarat is chiefly based on Metallurgical, Ports, Cement, Chemicals, and Ship building and Fishing industries. Presence of large reserves of essential minerals like limestone, chalk and bauxite in the district has given rise to a number of mineral-based and cement industries. Companies such as Saurashtra Cement Ltd., Birla VXL Ltd., etc have set up their manufacturing facilities in Porbandar district. Presence of a port centre has offered a cutting edge to the district to catalyse the augmentation of industries, making it a terminal for export and import of goods. Some of the most important activities at this port comprise import of fertilisers, cement, chemicals coal, LPG, export of oil cakes, and raw cotton. Fishing industry is a well-known activity in Porbandar with Silver Sea Foods emerging as one of the most important sea food processing companies in the district. More than hundred small scale industry (SSI) units are currently functioning in Porbandar.

Chief crops produced in Porbandar district are bajra, wheat, groundnut, jowar, gram, castor, onion, cotton, brinjal and tomato. The district offers a considerable production of Onion, accounting for 70,000 Metric Tones. The main minerals present in the district are limestone, chalk and bauxite. 69 percent of the State`s chalk reserve is found in Porbandar. A large number of medium and large scale industries are present in sectors such as Engineering, Chemicals, Textiles and Port based activities. The cement plant of Saurashtra Cement Limited is to be found in Ranawav and its chemical plant, Saurashtra Chemicals Ltd. which manufactures soda ash, calcined bauxite and bromine is situated in Porbandar taluka. Other key players comprise Cham, Gillnets (fishing nets), Polythelene Ropes, Saurashtra Fuels (low ash coke), Orient Abrasives (calcined bauxite), Cham Synthropes (PP ropes), Amar Polyfils, Hoddar Exports (frozen marine products), Amar Ice and Cold Storage (frozen fish), SHV Energy and LPG Infrastructure (co-terminal and storage of LPG), Silver Sea Food (fish and fishery products) etc.

The district has 100 SSI units, which are engaged in fish processing, cement based mosaic tiles, cement articles, fishing nets, cold storage, energy abrasives, bearings, and plastic articles. Ranawav and Porbandar are the most important industrial centers, for SSIs having over 100 units. Sea food industry has witnessed maximum investments followed by cement -based industries. Over 600 jobs were generated by industries engaged in sea food products, cement and machine tools. Porbandar is the emerging center for Mineral-based industries, Cement industries, Food and agro industries, Port based activities and Tourism industry.

Favourable agricultural environment and climate has led to development of food and agro industry in the district. Emergence of quite a lot of mining industries producing chalk, bella stone, gypsum, lime stone, and salt pans along the coastal area and Barda Hill area have further fueled the expansion of the district. This would also help in attracting investments in future. Emergence of new sectors in the district, such as engineering, infrastructure projects, textile and metallurgical sector over last twenty years, has led to the improvement of Porbandar as a prosperous industrial centre. Being a seaport, the district has thrived on the port based industry, and fishing industry. Setting up of LNG terminal, power plant and the road projects are further likely to drive the financial and industrial growth of the district.