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India building city from scratch to challenge Singapore & Hong Kong financial hubs

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A new city is being built on barren lands in India’s western state of Gujarat to give foreign investors easy access to its booming economy. Called Gujarat International Finance-Tec City, or GIFT City, it is planned to be on a par with global financial hubs. “Except for the fact that we are not sitting in Singapore and GIFT City is not Singapore, I think from a business perspective we have everything... 
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