India is set to emerge as the world’s fastest-growing major economy by 2016 ahead of China, as per the recent Report by the World Bank. India’s Gross Domestic Product (GDP) is expected to grow at 7.5 per cent in FY 2015-16,
The improvement in India’s economic fundamentals has accelerated in the year 2015 with the combined impact of Strong government reforms, RBI's inflation focus supported by benign global commodity prices.
According to IMF World Economic Outlook April, 2015, India ranks seventh globally in terms of GDP at current Prices and is expected to grow at 7.5 per cent in 2016. - http://indiainbusiness.nic.in/newdesign/index.php?param=advantage/163
Gujarat offers a model for Economic Progress and Development for the developing nations. Its significant Contribution to Indian Economy has made India visible to a competitive market in spite of the downturn in World Economy. Emerging as ‘Investor friendly’ destinations in the country, Gujarat highlights a luxurious lifestyle of Leisure, pleasure, business and Investments.
Gujarat emerges to be an Industrial hub with India’s most Industrialised State. Gujarat pays a 27% tax of India.