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Global funds look to India's GIFT City as regulations and tax perks lure capital
The push is driven by favorable regulations, a growing domestic investor base, and tax holidays in the Modi home state.
Favorable regulation, a larger pool of local investors, and tax holidays are helping make India’s GIFT City an increasingly attractive destination for global funds, according to CNBC Markets.
The outlet says momentum is building as the international investment hub benefits from its policy framework and deepening local participation.
CNBC World similarly highlights the same drivers behind increased global interest in GIFT City, framing the trend as part of a wider shift toward regulated offshore like financial activity in India.