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Rediff.com  » Business » Will Gujarat financial hub rival Mumbai?

Will Gujarat financial hub rival Mumbai?

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July 03, 2007 12:44 IST

Take it as Ahmedabad's reply to Mumbai or Gujarat Chief Minister Narendra Modi's repartee to his Maharashtra counterpart Vilasrao Deshmukh's promise of a global financial hub.

Ahmedabad's Tagore Hall, popularly called Town Hall, recently witnessed the inauguration of a plan to develop a financial services city near Gujarat's capital of Gandhinagar. The latter would consist of an international financial city segment, domestic finance city sector, a technology park and an integrated township on Thursday. 

A few months back, a similar plan to make Mumbai an International Finance Centre was launched.

Do you think Modi's vision will be better than Deshmukh's?

Will the Gujarat International Finance Tec-City (GIFT) rival the planned financial hub of Mumbai or will GIFT be complementary to and a feeder to its Mumbai counterpart?

Does Gujarat have better resources than Maharashtra to house a global financial centre or is it the other way round?

Which of the two chief ministers do you think is more capable to guide a global financial centre to success?

Tell us your views!

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