To implement the plans laid down in Gujarat Infrastructure Agenda – Vision 2010, Government of Gujarat, through a Government Resolution dated Feb 20, 1999 incorporated Gujarat State Road Development Corporation Ltd (GSRDC) on 12th May, 1999 as a limited company under the Companies Act, 1956. It was established as a wholly owned Government undertaking.

The major objectives of the Corporation are:

• To under the development of bridges and roads.
• To raise financial resources form banks, Institutions, mutual funds, individuals etc.
• To commercially develop & exploit land alongside the roads/bridges.
• Other objects-Draw up plans for the project, prepares feasibility studies, become a consultant or appoint a consultant for environmental studies etc.