Like Singapore & HK, India's 1st Maritime Arbitration Centre in Gift City
On the lines of maritime hubs like Singapore, Hong Kong and China, India’s first arbitration and mediation centre focusing on disputes related to the shipping sector will come up in the Gujarat International Finance-Tech (GIFT) City in Gandhinagar. The Gujarat Mediation and Arbitration Centre (GMAC) being built under the aegis of Gujarat Maritime University and is a key part of the Gujarat Maritime Cluster that will be housed in GIFT City. The centre is expected to start early next year and a space of nearly 8,000 sq ft space has been taken at the GIFT City.
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