Jaxay Shah, CMD of Savvy Group, an Ahmedabad-based firm with a construction area of 4 million square feet in GIFT City, said, "It is a historical, progressive and bold step. GIFT City was competing in terms of infrastructure and was at par or even ahead of many international financial cities in the world. But now, with this move improving social life, it will attract local youths to the MNCs here."
Alcoholic beverages makers body CIABC on Sunday sought greater market access for domestic products in the European markets and removal of non-tariff barriers to boost exports. Confederation of Indian Alcoholic Beverage Companies (CIABC) said that the EU should remove the non-tariff barriers which prevent the vast majority of Indian products from being sold in their market.