Make GIFT City more attractive for foreign capital: FM

Finance minister Nirmala Sitharaman on Thursday urged regulators and stakeholders at GIFT City to speed up efforts to attract more foreign capital into the country through structured and well-regulated mechanisms, emphasizing the need to position the financial hub as a globally competitive gateway.

- Gireesh Chandra Prasad

During a visit to the International Financial Services Centre (IFSC) at GIFT City in Gandhinagar, Sitharaman emphasized the need to make GIFT IFSC competitive and cost-effective to attract high-net-worth individuals' (HNIs') investments into the country, said an official statement.