According to @akshat_hk, India is developing a greenfield finance city roughly two hours by bullet train north of Mumbai in the Prime Minister’s home state, with a 15–20 year ambition to rival hubs like Shanghai’s Pudong, which he has tracked for over a decade, source: @akshat_hk. For timing risk, monitor the Mumbai–Ahmedabad High Speed Rail milestones that target two-hour-class end-to-end service, as commissioning will be a major liquidity catalyst for the corridor, source: National High Speed Rail Corporation Limited. For market structure, track India’s International Financial Services Centre at GIFT City regulated by IFSCA, as rule changes there drive cross-border capital access and product listings, source: International Financial Services Centres Authority. Liquidity benchmarks include the 2023 migration of SGX Nifty to GIFT Nifty on NSE IFSC under the NSE IFSC–SGX Connect, which concentrated offshore India equity index futures during Asia hours, source: NSE IFSC and Singapore Exchange. For digital assets, India taxes virtual digital asset gains at 30 percent with a 1 percent TDS and has not introduced a licensing regime for onshore crypto spot exchanges, limiting direct near-term spillover to BTC and ETH volumes, source: Ministry of Finance, Government of India. Crypto-focused traders should therefore watch IFSCA circulars on capital markets and fintech frameworks at the IFSC for any future tokenization or cross-border settlement pilots that could shift Asia-session liquidity, source: International Financial Services Centres Authority.