Business Guide
GIFT City: Gujarat's Global Financial Hub.
Gujarat International Finance Tec-City (GIFT City) is India's first operational smart city and International Financial Services Centre (IFSC) — a strategic platform for global finance, fintech and capital markets activity in India.
What it is
India's first IFSC
GIFT City sits on the banks of the Sabarmati between Ahmedabad and Gandhinagar. It houses GIFT IFSC — the country's only International Financial Services Centre — regulated by the unified International Financial Services Centres Authority (IFSCA) for banking, capital markets, insurance and fund management.
Current status
Scaled and operational
GIFT IFSC hosts international banks, foreign-currency-denominated exchanges (NSE IX and India INX), bullion exchange (IIBX), aircraft and ship leasing entities, global capability centres and a growing roster of fund managers operating in USD.
Investment opportunities
Sectors gaining traction
- Banking units and global treasury operations
- Fund management — AIFs, family offices, PMS
- Fintech, regtech and digital assets sandboxes
- Aircraft and ship leasing, ESG-linked finance
- Global capability centres for BFSI majors
- Bullion trading via IIBX and commodity derivatives
Economic impact
Why it matters for Gujarat
GIFT City anchors Gujarat's transition from a manufacturing-led economy to a services and finance hub — adding skilled employment, attracting global capital, and positioning Ahmedabad–Gandhinagar as a competitive alternative to traditional offshore financial centres.
Why we cover it