Fisheries have always been the main industries in the town and are dominated by the Kharwas (fisherfolk).
The fishing is done mostly on traditional boats and trawlers.
Veraval also has a large boat making industry.
Veraval is home to a large number of fish processing factories in GIDC (Gujarat Industrial Development Corporation)  which export prime quality seafood to USA, Japan, SE Asian, Gulf and EU Countries.
The seafood-industry which was started through government initiative now is in its prime and many importers are attracted towards Veraval from around the globe.
Regional research centers of CIFT and CMFRI situated at Veraval have done Yeoman service in development of fisheries sector in Gujarat.

Veraval also is home to Aditya Birla Nuvo Ltd (Formerly:Indian-Rayon Industries Ltd) which is one of India's largest rayon manufacturing companies.

There are various chemical, thread and cement companies around Veraval which provide employment to the local youth.
The major ones being Indian Rayon Unit of Aditya Birla NUVO Ltd., Gujarat Ambuja Cement Ltd, Gujarat Siddhee Cement Ltd and Gujarat Heavy Chemicals Ltd.
Patni Jamat, a local inhabitants have flourished as main seafood exporter after the 1990s.
They have a very good hold on the fishing business.
Fisheries have always been the main industries in the town and are dominated by the Kharwas (fisherfolk). The fishing is done mostly on traditional boats and trawlers. Veraval also has a large boat making industry. Veraval is home to a large number of fish processing factories in GIDC (Gujarat Industrial Development Corporation)  which export prime quality seafood to USA, Japan, SE Asian, Gulf and EU Countries. The seafood-industry which was started through government initiative now is in its prime and many importers are attracted towards Veraval from around the globe. Regional research centers of CIFT and CMFRI situated at Veraval have done Yeoman service in development of fisheries sector in Gujarat.
Veraval also is home to Aditya Birla Nuvo Ltd (Formerly:Indian-Rayon Industries Ltd) which is one of India's largest rayon manufacturing companies.
There are various chemical, thread and cement companies around Veraval which provide employment to the local youth. The major ones being Indian Rayon Unit of Aditya Birla NUVO Ltd., Gujarat Ambuja Cement Ltd, Gujarat Siddhee Cement Ltd and Gujarat Heavy Chemicals Ltd.
Patni Jamat, a local inhabitants have flourished as main seafood exporter after the 1990s. They have a very good hold on the fishing business.
Veraval