GIFT City will be price-setter in 10 years: Narendra Modi

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Sounding the inaugural bell of BSE's first international exchange 'India International Exchange (INX)' at the country's first International Financial Services Centre (IFSC) at the Gujarat International Finance-Tec (GIFT) City in Gandhinagar, Prime Minister Narendra Modi said that in next 10 years the IFSC will be a price setter for various instruments. 

"My vision for GIFT City is larger. In next 10 years from now, I see GIFT City become a price setter for at least a few of the largest traded instruments in the world, whether in commodities, currencies, equities, interest rates derivatives or any other financial instruments. Over the