Inside India newsletter: Why global funds are flocking to GIFT City in Modi's home state

* GIFT City attracting global asset managers after tax reforms and relaxed rules. * BlackRock-Jio JV and Standard Chartered launching outbound funds from GIFT City. * GIFT City still lags global peers but expected to become a key hub by 2030. GIFT City in Gujarat is drawing global asset managers after India improved tax structures and loosened capital controls. Standard Chartered will launch CIO funds, while Jio BlackRock plans two outbound ETFs. Fund entities in GIFT City rose to 217 this May. Despite regulatory parity, experts say it needs time and lifestyle appeal to match Singapore or Dubai. BlackRock's arrival is seen as a major milestone, with GIFT City expected to be a key global hub by 2030.