GIFT City, positioned as a major international financial hub in India, is drawing significant global investment interest during the ongoing Vibrant Gujarat Global Summit. The Abu Dhabi Investment Authority has announced plans to establish a unique sovereign fund in GIFT City. APEX Group, a leading fund administrator, is set to open an office in GIFT City, employing around 1,000 people over three years. Mizuho Bank becomes the second Japanese bank to establish an IFSC Banking Unit in GIFT City. Deakin University inaugurated its campus, marking India’s first foreign-based university campus in GIFT City.
The Education Centre of Australia has expressed interest in becoming an academic infrastructure service provider in GIFT City, facilitating the entry of leading foreign universities. Transworld Group plans to initiate ship leasing and aircraft leasing activities in GIFT IFSC, while Accenture is exploring the establishment of its presence in GIFT City. Stonex Group aims to set up a bullion trading desk in GIFT City IFSC.
During the Global Fintech Leadership Forum at GIFT City, Prime Minister Narendra Modi engaged with top leaders from 26 prominent fintech companies, including Mukesh Ambani, Sanjay Mehrotra, and Lakshmi Mittal. The Prime Minister received recommendations to elevate GIFT City to international standards and position India as a leading fintech country. Modi extended an invitation to invest in GIFT City, aligning with India’s vision to become a global leader in the financial sector. The summit, themed ‘Gateway to the Future,’ includes participation from 34 partner countries and 16 partner organizations.