The article discusses the emergence of Gujarat International Finance Tec-City (GIFT City) as India’s developing hub for aircraft leasing and financing activities. It examines the regulatory framework established under the International Financial Services Centre (IFSCA) regime, the incentives available to aircraft lessors and financiers operating from GIFT City, and the practical challenges that continue to affect aircraft leasing in India, including enforcement and insolvency-related concerns. The article further evaluates how GIFT City is positioned to become a competitive global aircraft leasing jurisdiction capable of supporting the rapid growth of India’s aviation sector.
To read the full article and insights shared by Ajay Kumar, Partner and Anchal Nanda, Senior Associate as published in International Bar Association, please click this link: https://www.ibanet.org/gift-city-indian-aircraft-leasing
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