The International Financial Services Centre (IFSC) at GIFT City, Gujarat, has recorded its strongest quarter of capital inflows to date, according to figures released today. Several global banks and financial institutions have announced expanded operations, including treasury, aircraft leasing and fund management units.
The International Financial Services Centres Authority (IFSCA) credited a stable regulatory framework and competitive tax treatment for the momentum. GIFT City is positioning itself as a gateway for global capital into India.
This press release is provided for informational purposes. Arth Vani has not independently verified all claims made herein.