GIFT City insurance premiums rise to $648.7 million in FY26, a fourfold increase

GIFT City’s insurance premiums are projected to reach $648.7 million in FY26. Business Standard notes this represents a fourfold increase from previous levels. The growth signals expanding insurance activity within the financial hub. GIFT City is positioned as a major center for financial services in India. The premium surge reflects heightened demand for risk coverage. The forecast highlights the city’s rising economic significance. Stakeholders will watch how the insurance market evolves in the coming years. The data points to continued investment in GIFT City’s infrastructure.