Dr Gandhi is a research professor at the Centre for South Asian and Middle Eastern Studies in the US and was also a former member of the Rajya Sabha from 1990-92.
The Vishwa Gujarati Samaj instituted the award in 2001 for those who have achieved worldwide recognition for public services in the field of public life, administration, politics or social services irrespective of race, creed and nationality, its president Krishnakant Vakhariya said.
"The award carries a cash amount of Rs 2,50,000 with a citation and memento," he said.
Earlier, renowned technocrat Sam Pitroda (2004-05), astronaut Sunita Williams (2006-07), renowned social worker Ela Bhatt (2009-10) and Lord Bhikhu Parekh (2010-11) were honoured with the award, Vakhariya said, adding that it would be given by Gujarat Governor Dr Kamla Beniwal in Balbhavan at Race Course ground.