India's Free-Market Oasis Aims to Take on Singapore, Dubai

Gift City in India offers a unique business environment with fewer regulations, allowing free trade of the rupee and offering financial products previously available only abroad. It provides opportunities for leasing and foreign universities. However, challenges include lack of social infrastructure and city amenities. The project is backed by significant political support.

What are the core concerns investors have regarding doing business in India?

How has Gift City changed the landscape for financial products in India?

What legislative changes are being made to attract foreign universities to Gift City?

What is the significance of political backing for the Gift City project?

What challenges does Gift City face in becoming a financial hub?