Healthy investment climate

India has been sailing smooth in reforms. India can be proud of having put in place some of the most widely accepted corporate ethics like labour laws, child labour regulations, environmental protection lobby, intellectual property rights and social responsibility and major tax reforms including implementation of VAT, all of which make India a perfect destination for business expansion. In terms of international tourist spending, India is the fastest growing market in Asia pacific, according to a release. The economy has been growing at about 9% a year which shows that India's growth rate can actually exceed that of china by 2015.