Gujarat is one of the most industrialized states in the country. There are many Indian and global companies located in Gujarat and the area has seen double digit GDP growth in past decade. It is also known as "Growth Engine of India".
Vibrant Gujarat is biennial investors' summit held by the government of Gujarat. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit is advertised as a platform to understand and explore business opportunities in the state. It has become a model for economic success for many states. According to the list of the top 10 Indian cities by GDP in 2009, based on a PricewaterhouseCoopers study, Ahmedabad ranks 7th in India with an annual GDP of 59 billion USD.
Gujarat International Finance Tec-City is an under-construction city in Gujarat. It will be located next to the Sabramati river, 12 km north of Ahmedabad and 8 km South of Gandhinagar, the political capital of the state. It will be built on 500 acres (2.0 km2) of land. Its main purpose is to provide high quality physical infrastructure, so that finance and tech firms can relocate their operations there from Mumbai, Bangalore, Gurgaon and other regions where infrastructure is either inconsistent or very expensive.
Read more about this topic: Tourism In Gujarat
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“In the middle ages people were tourists because of their religion, whereas now they are tourists because tourism is their religion.”
—Robert Runcie (b. 1921)
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