GIFT City

Uncommon card · No. 112677

Gujarat International Finance Tec-City, also called GIFT City, is India's first International Financial Services Centre and a greenfield smart city on the banks of the Sabarmati River in Gujarat's Gandhinagar district. In 2020, GIFT IFSC ranked 10th in the Global Financial Centres Index. In 2025, it was ranked 40th in fintech and 46th overall in the Global Financial Centres Index, which included 119 financial centres. GIFT City is around 12 km (7.5 mi) from Sardar Vallabhbhai Patel International Airport. It includes commercial, financial and residential complexes, and is designed to be a walkable city. It is connected through 4–6 lane state and national highways, and the GIFT City metro station links it to the Ahmedabad Metro network. The total development area is 359 hectares (886 acres), of which the special economic zone (SEZ) constitutes 106 hectares (261 acres). In July 2025, Sanjay Kaul was appointed managing director and Group CEO. Several multinational banks, including JP Morgan...

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