Indian Institute Of Management, Ahmedabad [India]

In just four decades, IIMA has evolved from being India's premier management institute to a notable international school of management. It all started with Dr. Vikram Sarabhai and a few other public-spirited industrialists realizing that agriculture, education, health, transportation, population control, energy, and public administration were all vital elements in a growing society and that it was necessary to link these meaningfully with industry. The result was the creation of the Indian Institute of Management, Ahmedabad in 1961 as an autonomous body with the active collaboration of the Government of India, Government of Gujarat, and industry.

http://www.iimahd.ernet.in/

Yes, no doubt the Indian Institute of Management, Ahmedabad, is the best B-school in India. Its products are remarkable and have created a mark all over the world. Now, even the big corporates of the world are coming to the campus, leaving the other big B-schools of the world.