Thread by @prithvrj

These are some of the primary requirements for setting up #IFSC.
1. Full array of international banking services for corporates and individuals.

2. Full array of international capital markets, products and services.

3. Full array of risk management services . #IFSCInMumbai

4. Full array of insurance and reinsurance services.

5. Full array of commodities markets, trading and hedging services.

6. Full array of business support services (Accounting, Legal, IT support).

7. Range of global, regional and national investment banks. #IFSCInMumbai

8. Range of global, regional and national insurance companies.

9. Existence of global, regional, national equity markets.

10. Existence of wide, deep and liquid derivatives market.

Does Ahmadbad-GIFT City have any of these attributes? No wonder it has not taken off. #IFSC