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GIFT City, short for Gujarat International Finance Tec-City, is India’s pioneering global financial and business hub. Developed as a smart city, GIFT City aims to provide a conducive ecosystem for financial services, fintech companies, and global trading institutions.
Established by the Government of Gujarat, it is designed to compete with international financial hubs like Dubai, Singapore, and London. GIFT City is a part of India’s vision to transform its financial sector and attract multinational corporations, startups, and NRIs.
Here are some of the distinct features of GIFT City:
Equipped with high-tech facilities, green buildings, and smart city elements.
Located between Ahmedabad and Gandhinagar, offering seamless connectivity.
Hosts banking, insurance, capital markets, and fintech businesses.
Operates under a Special Economic Zone (SEZ), providing tax benefits and compliance flexibility.
GIFT City is strategically located in Gandhinagar, Gujarat, along the Sabarmati River, making it easily accessible from the major cities. The development of GIFT City was initiated as part of India’s long-term financial sector reforms, focusing on global trade and economic growth.
Spanning 886 acres, the city is being developed in phases to accommodate commercial, residential, and social infrastructure. It is designed to support financial institutions, fintech startups, and IT-enabled services with a futuristic ecosystem.
Here’s what GIFT City has to offer:
GIFT City features:
Here’s a list of the leading business opportunities in GIFT City:
GIFT City is India’s gateway to global financial markets, offering unparalleled business opportunities, world-class infrastructure, and a regulatory environment designed to drive economic growth and international investments.
Here’s what you need to know about the tax regulations in GIFT City:
NRIs looking at GIFT City, here’s what you need to know:
IDFC FIRST Bank’s International Banking Unit offers exclusive banking solutions tailored for NRIs, including savings and investment options. Additionally, they can enjoy seamless fund transfers and forex management and premium wealth management.
GIFT City represents India’s vision of becoming a global financial powerhouse, offering unmatched tax incentives, world-class infrastructure, and business-friendly regulations. As an NRI, investing or banking in GIFT City can be highly rewarding, with access to international markets, reduced tax liabilities, and premium financial services.
With the presence of IDFC FIRST Bank’s International Banking Unit, NRIs can efficiently save, invest, and grow their wealth while enjoying the numerous benefits offered by GIFT City’s financial ecosystem.
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