GIFT stands for Gujarat International Finance Tec-City (GIFT). GIFT City is an emerging global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked business districts. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external connectivity. Companies from Financial Services, Technology and all other services sector will be targeted as potential occupants within the city.
GIFT City is changing the economic face of Gujarat and would keep India on the global map as Centre of excellence in the Financial & IT/ITeS Services domain. To create large employment in the field of services industry in Gujarat is also one among the main reasons for setting up GIFT City.
The major targeted businesses are: offshore banking, Capital markets, Offshore asset management and off shore Insurance, Ancillary services, IT services, IT es etc.
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