The aircraft was on a routine sortie from the Jamnagar airbase.
"A MiG-29 fighter jet crashed at 11.29 am between Amran and Jivapar villages near Jamangar air base. The pilot ejected safely when the plane crashed," an official said.
A court of inquiry has been ordered to investigate the cause of the accident.
On June 24 this year, a MiG-29 fighter aircraft on a routine sortie had crashed near Lalparda village in Jamnagar district, with the pilot ejecting safely.
In August 2012, nine Air Force personnel including five officers, on board two MI-17 helicopters were killed when two choppers of the Jamangar air base had collided mid-air shortly after take off.