GIFT City

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

  • World-class infrastructure
  • Regulatory environment
  • Single window clearance for approvals
  • Special tax incentives for financial institutions
  • Access to international markets

Benefits of investing in GIFT City

  • Access a variety of financial products and services
  • opportunity to actively participate in the growth of the Indian economy.
  • Lower taxes and other costs
  • Access to a skilled workforce

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.

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