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In April 2015, India launched its first International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City), a visionary project aimed at establishing a globally competitive financial hub. Strategically located in Gujarat, GIFT City is designed to provide world-class infrastructure, advanced technology, and regulatory support to foster a thriving financial ecosystem. Spanning 886 acres (3.6 million square meters), GIFT City seeks to attract global financial institutions, Global In-house Centres (GICs), back offices, and financial professionals, thereby enhancing India’s position in the international financial landscape.
The city streamlines business setup with single-window clearances and ready-to-use infrastructure, enabling rapid growth. GIFT City comprises a 261-acre Multi-Service SEZ and a 625-acre Domestic Tariff Area, located along the Sabarmati River between Ahmedabad and Gandhinagar. The city enjoys excellent international connectivity, with Ahmedabad International Airport just 20 km away.
GIFT City is the heart of a tri-city approach, situated on the banks of the Sabarmati River between Ahmedabad and Gandhinagar, each just a 30-minute drive away. Ahmedabad embodies a rich historical legacy. Gandhinagar is the pivotal center for policy and decision-making, while GIFT City emerges as the economic powerhouse.
GIFT City is strategically located along National Highway 48, offering seamless connectivity to major cities across India and enhancing accessibility for businesses.
With the upcoming bullet train terminus just 15 minutes away, GIFT City will benefit from enhanced high-speed rail connectivity, reducing travel time to key metros.
Located just 20 minutes from Ahmedabad International Airport, GIFT City provides easy access to global markets, supporting business travel and international trade.
GIFT City primarily targets sectors like financial services, IT/ITeS, banking, insurance, global in-house centers (GICs), fintech, and back offices. It provides a thriving environment for global financial institutions, startups, and technology companies.
GIFT City offers world-class infrastructure, including modern office spaces, commercial hubs, residential areas, and social amenities like international schools and medical facilities. The city is equipped with advanced technologies like District Cooling, automated waste collection, and underground utilities, ensuring operational efficiency.
The Government of Gujarat offers various incentives under its IT/ITeS policy, including tax exemptions, subsidies on infrastructure, and relaxed regulatory norms for businesses operating in GIFT SEZ (Special Economic Zone). These incentives are designed to attract both domestic and international businesses to the region.
Yes, GIFT City is designed to attract international businesses. It offers a global-friendly environment with regulatory support and incentives for foreign investments. Businesses from outside India can set up in GIFT City’s SEZ or Domestic Tariff Area (DTA), benefiting from flexible policies and tax exemptions.