Dear Readers,
In this brand new offering, from ETInfra, to our subscribers we bring you the impact of what is making news in the infrastructure sector. From aviation to roads, from railways to ports, we will provide an insight into the minds of the policy makers and the impact of their decisions on the industry. Stay tuned for a weekly update and analysis on what is making news in the country’s infrastructure space.
Today’s pick is aircraft leasing activity at India’s IFSC GIFT City.
In July 2019, Finance Minister Nirmala Sitharaman in her budget speech outlined that India is ready to enter into aircraft financing and leasing activities from its own shores. Five years since, about 26 aircraft leasing entities have registered at the International Financial Services Centre in GIFT City, Gujarat.
Buoyed by attractive fiscal benefits available for entities operating from GIFT City, which include tax holidays, stakeholders from the aviation sector…
