Government has approved the direct listing of securities by Indian companies on the GIFT International Financial Services Centre (IFSC). This decision opens up avenues for Indian firms to list directly on the Gujarat International Finance Tec-City (GIFT) without the need for a prior listing in India. This development is expected to enhance the global competitiveness of Indian markets and attract more foreign investment into the country's financial sector. It marks a strategic step towards positioning GIFT IFSC as a prominent global financial hub, offering streamlined access to international capital markets for Indian enterprises.