India’s ambition to position itself as a global financial hub may soon take a significant step forward. Policymakers are exploring a regulatory framework that could allow companies to list on exchanges in Gujarat International Finance Tec-City (GIFT City) without going through the traditional Initial Public Offering (IPO) process. If implemented, the move could reshape how companies raise capital and offer a new pathway for global investors to access Indian businesses.
GIFT City, located in Gandhinagar, Gujarat, has been developed as India’s International Financial Services Centre (IFSC). Over the past few years, it has attracted financial institutions, exchanges, fintech firms, and global
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