Record surge in corporates setting up shops at IFSC, Gift City

International Financial Service Centre (IFSC), a global special economic zone at GIFT City Gujarat, has seen a record surge in the number of corporates eager to do business in the region that offers competitive incentives.
It has added as much as 37 business units since October in several segments covering the capital market which includes Truebeacon, Kedaara Capital, Multiples Alternative Assets, ASK Investment, SBI Fund Management, Philip Capital and some banks.