In April 2015, the Gujarat International Finance Tec-City, popularly known as “GIFT City”, was established by the Indian government to potentially serve as a global hub for economic activity. With a state-of-the-art infrastructure and a regulatory regime designed according to global benchmarks for improving ease of doing business[1], various industry stakeholders believe that GIFT City is well positioned to carve its place in the financial world.
Development of the Insurance Landscape in GIFT City India
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