JPMorgan is making its move into India. One of its units is now setting up operations in Gujarat's GIFT City—officially the Gujarat International Finance Tec-City—to handle equity trading and other instruments. The bank joins a growing list of major global financial players recognizing India's tax-advantaged status as a financial hub. This expansion signals how traditional institutions are actively positioning themselves in emerging markets that offer regulatory clarity and tax efficiency, particularly for trading operations. GIFT City has become increasingly attractive for financial services over recent years, and JPMorgan's entry underscores the zone's growing appeal to global capital.