GIFT City a pathway to India, says Sanjay Kaul
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Davos: Showcasing India's own international financial services centre, GIFT City, before the world, its chief, Sanjay Kaul, has said global players are seeing it as a pathway to access Indian markets and as a base for the Asia-Pacific. Kaul, who has more than 40 bilateral meetings and several roundtable meetings lined up during the World Economic Forum Annual Meeting here, said the world needs to know that there is a smart city and an international financial services centre in our part of the world.
Speaking to PTI, GIFT City's MD and group CEO said the Indian economy is growing in leaps and bounds, and therefore, it is also very important for the country to be an economic powerhouse for global financial transactions. "GIFT City is an answer to that with strong macro and microeconomic stability and stable governance," he said.
"We need a strong financial system where India talks to the world and the world talks to India. So Gift City is the answer to that," he added. Kaul said that in a short time, he is seeing immense interest from global players who would want to set up operations in GIFT City for various reasons.
"One is India has got a very big market, a very strong economy which is growing leaps and bounds.
