Overview
- At the summit in Gandhinagar, Gujarat Deputy Chief Minister Harsh Sanghavi said GIFT City now competes with Singapore, Dubai, London and New York, crediting IFSCA’s unified regulation, tax incentives and India’s digital finance strengths.
- Principal Secretary to the Prime Minister P K Mishra said financial activities long conducted overseas are returning to India, strengthening capital markets and creating high‑value jobs.
- Uday Kotak, newly appointed chairman, presented a roadmap built on geopolitical stability, world‑class infrastructure, ease of living and an independent IFSCA framework.
- Officials announced a talent push with structured internships and placement pathways involving IIM‑Ahmedabad, MICA, Nirma University, Gujarat National Law University and foreign universities operating in GIFT City.
- Gujarat signaled lifestyle upgrades with more than 20 international‑class restaurants planned within a year, while Wipro launched a GIFT City facility for AI‑powered services across digital banking, capital markets, regtech, risk and compliance, starting with 150 seats scalable to 500.