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How Jignesh Shah Envisioned to Make India the Manhattan of the East

Jignesh Shah, a luminary of Indian entrepreneurship, envisioned transforming India into the u201cManhattan of the Eastu201d, a transformative force in the global finance ecosystem alongside the top economic centres. It is said that it takes 10 years to establish 1 exchange but Jignesh Shah, with his drive and acumen, built a network of 10 world-class multi-asset class exchanges around the globe in a span of just ten years, setting a stepping stone for the financial infrastructure of the country. His journey, which is rooted in the ethos of building from the grassroots, stands as the precursor.

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How Jignesh Shah Envisioned to Make India the Manhattan of the East

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  1. How Jignesh Shah Envisioned to Make India the Manhattan of the East? https://jigneshshahinnovator.com

  2. 02 Introduction Jignesh Shah, a luminary of Indian entrepreneurship, envisioned transforming India into the “Manhattan of the East”, a transformative force in the global finance ecosystem alongside the top economic centres. It is said that it takes 10 years to establish 1 exchange but Jignesh Shah, with his drive and acumen, built a network of 10 world-class multi-asset class exchanges around the globe in a span of just ten years, setting a stepping stone for the financial infrastructure of the country. His journey, which is rooted in the ethos of building from the grassroots, stands as the precursor to the “Make in India” success story. https://jigneshshahinnovator.com

  3. 03 The Dreamer’s Blueprint Jignesh Shah’s Vision • Jignesh Shah was born with an entrepreneurial spirit that he turned into a ground breaking vision. Shah envisioned an India where its financial Infrastructure could stand shoulder to shoulder with New York or London, featuring smooth, tech-driven exchanges that everyone could access. “India can be the financial capital of the East,” he declared, dreaming of a country where farmers, traders, and industries could flourish through interconnected markets. https://jigneshshahinnovator.com

  4. 04 • A Decade of Disruption: • Building 10 Exchanges • Jignesh Shah’s most impressive accomplishment was setting up 10 world-class exchanges between 2003 and 2013 • Multi Commodity Exchange (MCX) • Indian Energy Exchange (IEX) • MCX Stock Exchange (MCX-SX) • Dubai Gold and Commodities Exchange (DGCX) https://jigneshshahinnovator.com

  5. 05 This impressive array of exchanges, crafted from grassroots, highlighted Jignesh Shah’s ability for thinking on a global scale while still being grounded in local roots and requirements, crafting tech-driven financial solutions that suit the needs of the local demography. • Singapore Mercantile Exchange (SMX) • Bourse Africa Ltd. (2008) • Bahrain Financial Exchange (BFX) • National Spot Exchange Ltd. (NSEL) • Global Board of Trade (GBOT) https://jigneshshahinnovator.com

  6. 06 The First Make in India Story • Jignesh Shah’s establishment of these exchanges was the heart of India’s original “Make in India” movement, a grassroots effort aimed at creating world-class institutions through home-grown innovation. Unlike the financial models brought in from abroad, Shah’s exchanges were specifically designed to meet India’s distinct needs, empowering farmers, small traders, and various industries. Take Jignesh Shah MCX, for example; it transformed commodity trading by allowing farmers to protect themselves against price fluctuations, while IEX made affordable electricity accessible to energy-deprived states. https://jigneshshahinnovator.com

  7. 07 Global Ambition Local Roots • Jignesh Shah had a vision that went beyond borders, aiming to establish India as a key player in the global financial ecosystem. His international exchanges, DGCX, SMX, BFX, and GBOT, helped weave India into the fabric of world markets, with MCX’s gold futures setting a global standard. These initiatives expanded 63 moons’ global footprint, highlighting Shah’s knack for navigating intricate international terrains. https://jigneshshahinnovator.com

  8. 08 Resilience and Legacy • Jignesh Shah’s journey was filled with its fair share of hurdles, but his foundational contributions to India’s financial landscape have stood the test of time. After relinquishing all of his executive positions at Jignesh Shah 63 Moons, he took on the role of coach and mentor, empowering the global leaders of future India within the company. https://jigneshshahinnovator.com

  9. 09 Thank You.

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