Indian Companies can now raise capital from all Foreign Investors through Direct Listing in the International Financial Services Centre

The International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City City is India’s first international financial centre. The objective of the IFSC, which has been created through the Special Economic Zones Act, 2005, is amongst others, to onshore the offshore, i.e. to undertake those India related financial activities in IFSC, which are currently carried out outside of India. IFSC aims to be an alternative to other international financial service centres such as London, New York and Singapore, to attract foreign financial services and foreign capital through ease of doing business and tax incentives. The International Financial Services Centres Authority (IFSCA), established by way of the International Financial Services Centres Authority Act, 2019, is the regulator of financial products/services, service providers and other related matters in the IFSC.