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MUMBAI:MUMBAI:
An International Financial Centre? An International Financial Centre?
[MIFC][MIFC]
High Powered Expert Committee (HPEC) ReportHigh Powered Expert Committee (HPEC) Report
22
1. Does India Need an IFC?1. Does India Need an IFC? --11
From Now OnFrom Now On ² ²Absolutely! Absolutely!
WHY? WHY?Because of India·s:Because of India·s:
Inherent Size and GrowthInherent Size and Growth
Trade, Investment and GlobalisationTrade, Investment and Globalisation
Enormous InfraEnormous Infra--Investment NeedsInvestment Needs
Rapidly Emerging Global SignificanceRapidly Emerging Global Significance
Indian Economy: 4Indian Economy: 4
thth
Largest by 2025Largest by 2025
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1. Does India Need an IFC?1. Does India Need an IFC? --22
Export RevenueExport Revenue GrowthGrowth
Export ServicesExport Services DiversificationDiversification
BB--oo--P Considerations: Why Import IFS?P Considerations: Why Import IFS?
IFS Exports will automatically improveIFS Exports will automatically improvequality of Domestic Financial Servicesquality of Domestic Financial Services
India·s Next Stages of Growth &India·s Next Stages of Growth &Globalisation will be highly IFS reliantGlobalisation will be highly IFS reliant
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MIFC
A presentation by the Commitee set up to make recommendations for making Mumbai International Financial Centre
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