September 11, 2023
3 min

Govt allows firms to list on IFSC exchange in GIFT City - India Shipping News

India's Finance Minister, Nirmala Sitharaman, has announced that Indian firms can now list on exchanges in Gujarat's International Financial Services Centre (IFSC). This move, part of Prime Minister Narendra Modi's flagship project, aims to provide companies access to easier and cheaper foreign capital. The IFSC offers fiscal incentives and a more favorable regulatory environment for businesses. This decision comes after the government previously froze plans to allow primary listings on foreign exchanges due to opposition from nationalist groups.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry