Asia

Indian Ambassador Ajit Gupte Highlights Investment Opportunities in GIFT City for German Businesses

India’s GIFT City Offers Exciting Prospects for German Investors, Says Indian Ambassador

December 18th, 2024
Dimitra Mastoraki, News from Berlin
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On December 11, 2024, Ambassador Ajit Gupte addressed a webinar organized by the Embassy of India, Berlin, showcasing the vast investment opportunities available for German businesses and financial institutions in GIFT City (Gujarat International Finance Tec-City). During the session, Ambassador Gupte emphasized the strategic advantages of GIFT City as a global financial hub, urging German investors to explore its potential for growth, innovation, and collaboration.

In his address, Ambassador Gupte outlined a series of incentives designed to attract foreign investment, highlighting the ease of doing business, tax benefits, and access to a growing market in India. The webinar also featured Mr. K. Rajaraman, Chairman of the International Financial Services Centers Authority (IFSCA), who shared valuable insights into the regulatory framework and unique advantages offered by GIFT City for international companies.

The session provided detailed presentations on GIFT City’s distinctive features, including its state-of-the-art infrastructure, a business-friendly environment, and its role as a gateway for international businesses seeking to expand in India and the broader Asian market. The event marked a significant step in strengthening economic ties between India and Germany, with GIFT City positioning itself as a prime destination for German companies seeking new opportunities in India’s rapidly evolving financial landscape.

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News from Berlin