What is GIFT City?
GIFT City stands for Gujarat International Finance Tec-City. It is India's first international financial services centre (IFSC) located in Gandhinagar, Gujarat. GIFT City is a greenfield project, meaning that it was built from scratch on undeveloped land. The city is designed to be a world-class financial hub with state-of-the-art infrastructure and a liberal regulatory environment.
GIFT City is currently under construction, but it is already home to a number of financial institutions, including banks, insurance companies, and asset managers. The city is also expected to attract a number of multinational corporations and other businesses.
Why GIFT City was set up?
GIFT City was set up to create a world-class financial hub in India. The city is expected to attract global financial institutions and businesses, and to help India become a more competitive player in the global financial markets. GIFT City is also expected to create jobs and boost economic growth in Gujarat.
Features of GIFT City
Benefits of investing in GIFT City
GIFT City is a promising new development that has the potential to transform India's financial landscape. The city is expected to attract a number of global financial institutions and businesses and to help India become a more competitive player in the global financial markets.