Tensions in West Asia have cast a shadow over global markets, raising concerns around inflationary pressures and energy security. As investors seek stable, high-growth alternative locations, India has an opportunity to position itself as the definitive gateway for global capital.

Asia accounts for 55 per cent of global GDP and drives 60 per cent of global growth. The capital flows that follow this gravitational shift need a credible, safe, and well-regulated gateway. For this discussion, let us call this capital Global Gateway Capital, or GGC — an international capital that is managed from a regional hub to invest across Asia and the world. To put this in perspective, Singapore is home to $6 trillion of capital —a large part of it uses Singapore as a hub and gateway for investments in Asian countries. Much as FDI and FII became defined policy categories, GGC deserves formal recognition. India should build policy and infrastructure to attract such capital.

Post-Covid, global capital started looking at Dubai as Asia’s alternative financial gateway beyond Singapore and Hong Kong. It is estimated that $2 trillion of family and fund wealth is managed from the city. The geopolitical scenario puts the region’s safe-haven status at risk. While Singapore and Hong Kong will attract some of this........

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