Why is Uday Kotak’s appointment important for GIFT City?

He brings credibility, global relationships, and operating experience that can speed decisions and attract international institutions. Stronger outreach, faster onboarding, and better market utilities could follow. If execution stays consistent, the IFSC may see broader product shelves, deeper liquidity, and more long-term capital allocations into India’s finance hub.

What should investors track to judge progress at the IFSC?

Focus on new licenses issued, fund AUM domiciled at the IFSC, derivatives open interest, foreign currency turnover, and reinsurance capacity built locally. Also track onboarding timelines, clarity on tax and dispute resolution, and partnerships with global exchanges or custodians. These metrics show whether growth is sustainable and investor friendly.

How might policy changes impact investors and firms at GIFT City?

Predictable taxes, single-window approvals, and time-bound rulings lower compliance costs and support scale. Clear dispute resolution and aligned Gujarat IFSC policy improve certainty for long-term allocators. Together, these steps can reduce spreads, improve market depth, and make it easier for funds, brokers, and insurers to operate from the IFSC.

Can Indian retail investors benefit directly from IFSC growth?

Yes, mainly through domestic platforms that offer IFSC-linked products like feeder funds, ETFs, or international access via regulated brokers. Review fees, liquidity, and tax treatment before investing. As rules evolve, easier access, clearer disclosures, and better execution quality can make global diversification simpler for Indian savers.

Global Market Insights

February 15: Uday Kotak to Lead GIFT City as Chair, IFSC Growth in Focus

ByDanny Kontos February 14, 2026February 14, 2026

Uday Kotak GIFT City leadership is a key moment for India’s finance hub. Gujarat has named the veteran banker as chair of GIFT City Co., which oversees the GIFT City IFSC in Gandhinagar. Markets will watch how policy, infrastructure, and global outreach speed up under his guidance. The focus is on attracting international banks, funds, and insurers while deepening market products. We outline why this move matters, what to track in 2026, and how investors can respond in India.