The Abu Dhabi Investment Authority (ADIA) has launched a subsidiary at the Gujarat International Finance Tec-City (GIFT City), which serves as India’s hub for international financial services.
This new subsidiary has received regulatory approval from the International Financial Services Centre Authority (IFSCA) and is now fully operational.
Sheikh Hamed bin Zayed Al Nahyan, managing director of ADIA, noted that India is one of the fastest-growing economies in the world and has been a central focus for ADIA’s investment strategies for several years. He mentioned that the organization has built a diverse portfolio across various asset classes and expressed optimism about India’s long-term growth potential.
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He also highlighted that the establishment of ADIA’s subsidiary at GIFT City reflects their confidence in the opportunities presented by India’s ongoing expansion. According to him, GIFT City is creating a dynamic and world-class financial services environment, backed by a strong regulatory framework and a solid legal structure.
ADIA plans to gradually transfer certain existing investments in India to its GIFT City subsidiary, which will also manage future investments in the region.
ADIA actively invests across key asset classes in India, including substantial positions in both public and private equity, as well as infrastructure.
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