Gandhinagar, Sept. 29 -- GIFT City, India's ambitious financial and business hub project, is steadily moving towards becoming a premier global destination for investment, innovation and long-term growth.

However, according to a recent survey report by PwC, the city still has some distance to go before it can match the maturity of India's traditional financial hubs.

The report highlighted that GIFT City, officially known as Gujarat International Finance Tec-City, demonstrates significant long-term growth potential. The ongoing development of infrastructure, progressive policy reforms and regulatory easing are transforming it into an attractive destination for financial institutions and multinational enterprises.

It stated, "GIFT City ha...