Gandhinagar, May 6 (IANS) Gujarat has been ranked third in India in terms of Foreign Direct Investment (FDI) inflows between April to December 2025, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).The state attracted approximately Rs 44,041.7 crore in foreign investment over the nine-month period, reinforcing its position among the country’s leading destinations for overseas capital.A significant share of this inflow was concentrated in Ahmedab…
Latest GIFT City News & Updates
Surat, May 2 (IANS) Union Health and Family Welfare Minister J.P. Nadda on Saturday said South Gujarat’s rise as a manufacturing hub reflects the state’s broader economic strength and its ability to convert challenges into opportunities. He was addressing the concluding session of the two-day Vibrant Gujarat Regional Conference (VGRC) at Auro University in Surat.He said the conference had laid the foundation for the region to take a “major economic leap” in the coming years.Hig…
New Delhi, May 2 (IANS) Union Commerce and Industry Minister Piyush Goyal on Saturday lauded the Indian Institute of Foreign Trade (IIFT) as a premier institution contributing to India’s global trade and policy landscape, as the institute marked its 63rd Foundation Day. In a message shared on a social media platform, the minister highlighted IIFT’s role in shaping the country’s international trade and management ecosystem through its contributions to policy, research, and capacity bu…
Gandhinagar, April 30 (IANS) Gujarat Chief Minister Bhupendra Patel, in a public message on the eve of the 66th Gujarat Foundation Day, said on Thursday that the state’s development journey has placed it among the leading economic regions in the country and attracted global attention to its growth model. Referring to public support received in recent local self-government elections, the Chief Minister added: “In the recent local self-government elections, the people have given us overwhelming su…
Surat, April 29 (IANS) Gujarat is set to place South Gujarat at the centre of its next phase of economic expansion as it hosts the Vibrant Gujarat Regional Conference (VGRC) on May 1 and 2 at AURO University in Surat, alongside a parallel focus on global finance through GIFT City and emerging investment opportunities in Global Capability Centres. The conference is expected to bring together policymakers, industry leaders, startups and international stakeholders to examine the role of innovation,…
Ahmedabad, April 16 (IANS) Narcotic substances and liquor worth Rs 16.51 lakh were seized from a residential flat in Gujarat’s Ahmedabad by the Anti-Narcotics Task Force (ANTF) of the Criminal Investigation Department (CID) Crime and Railways, leading to the arrest of one individual, officials said on Thursday. The operation was carried out at a flat of Aarohi Viviana apartments in Bopal locality, following specific intelligence inputs.Acting under the supervision of senior officers, a team from…
Gandhinagar, April 8 (IANS) Capital commitments to funds operating from Gujarat International Finance Tec-City (GIFT City) have climbed to USD 32.13 billion as of December 2025, rising nearly 60-fold from less than USD 0.5 billion in March 2020, in a sign of the rapid scaling up of India’s offshore financial services hub. The expansion is mirrored in the growing number of participants. Fund Management Entities (FMEs) in the international financial centre have increased from eight in March 2…
New Delhi, April 8 (IANS) The Gujarat International Finance Tec-City (GIFT City), on Wednesday, told that its fund management ecosystem scaled sharply over five years, with capital commitments surging 60-fold from less than $0.5 billion in March 2020 to $32.13 billion as of December 2025.The number of Fund Management Entities (FMEs) operating in the International Financial Services Centre increased from 8 in March 2020 to 202 at present, representing a 25-fold growth.GIFT City-based funds have r…
Gandhinagar, April 3 (IANS) Two men were arrested with nearly 12 kilograms of narcotic substance (ganja) during a targeted operation by the Anti-Narcotics Task Force (ANTF) of Gujarat CID (Crime) in the Mota Chiloda area of Gandhinagar, officials said on Friday. Acting on specific intelligence during routine patrolling, a team from the ANTF’s Gandhinagar zone intercepted a government bus at Chiloda Circle and apprehended two suspects allegedly involved in the illegal trafficking of ganja.Polic…
New Delhi, April 2 (IANS) GIFT Nifty recorded its highest-ever monthly turnover of $129.80 billion in the month of March, surpassing its previous record of $106.22 billion set in October 2025, according to NSE International Exchange (IX) on Thursday.The exchange also said that monthly trading volume hit an all-time high of 2.82 million contracts in March, eclipsing the earlier peak of 2.17 million contracts set in April 2025.The March milestone is the latest in a series of records for the India-…