GIFT City, India’s premier International Financial Services Centre (IFSC), has become a sought-after jurisdiction as India strives towards its financial aspirations, but it presents both challenges and opportunities as a financial ecosystem.
In a special event hosted by IQ-EQ and Nishith Desai Associates in December 2024, our exclusive gathering of alternative funds industry leaders discussed the key innovations, strategies and structures being utilised in the GIFT IFSC. Through a combination of knowledge sharing, open dialogue, wish lists and interesting data, particular attention was paid to the needs of key ecosystem players operating primarily within the fund management space.
GIFT City’s milestones were celebrated during an insightful fireside chat between Aditya Sarda, Deputy General Manager of the International Financial Services Centres Authority (IFSCA), and Dr Nishith Desai, Founder of Nishith Desai Associates, as well as an enlightening panel discussion with the following industry leaders:
- Aarthi Ramakrishnan, Head of Strategy at 360 One Asset
- Sridhar Nagarajan, IQ-EQ’s Regional CEO for Asia, the Middle East and Africa
- Atul Muchhala, Managing Director of IQ-EQ India
- Sudhir S., Principal Officer of Aditya Birla Sun Life’s GIFT IFSC branch
- Parul Jain, Head of International Tax and Investment Funds at Nishith Desai Associates
Speakers emphasised the IFSC’s robust infrastructure and regulatory reforms, which have catalysed a surge in interest from global financial players. High-profile entities, including the top alternative investment funds in India, now anchor their operations here, showcasing GIFT City’s emergence as a global financial hub.
To discover all of the key insights shared, please click below to read and download our insights paper:
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