Gujarat State is recognized for its vibrancy and entrepreneurial spirit. The State has a new set of objectives to meet the fast paced globalization drive that is captivating most successful economies today. Entrepreneurs in Gujarat rise above domestic competition with other states to compete in today's globalized economy. Inferring from present scenario where our economy has begun to rebound, Gujarat assumes a pivotal role in the fast changing business dynamics of India. Several facts including the one that Gujarat houses an impressive industrial belt including a hub of petrochemical industries that help makes Gujarat a major contributor to the national economy.