New Delhi, Sept. 29 -- Senior executives largely perceive GIFT city as a high-potential business hub, with many expecting it to rapidly gain international significance, said a survey of PricewaterhouseCoopers (PwC) titled 'Moving the Needle on Gujarat's GIFT City.'Gujarat International Finance Tec-City or GIFT City is India's first operational smart city. It was established in 2015, envisioned as a hub of international finance and business services.

The survey said "49 pc opined that GIFT City has a very high-growth potential as a hub of banking, financial services and insurance (BFSI) sectors, while another 40pc believed it had medium potential."This optimism is driven by GIFT City's International Financial Services Centre (IFSC), which o...