Gandhinagar, July 23 (IANS) The Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates has helped make the UAE India’s third-largest business partner, Gujarat Chief Minister Bhupendra Patel said on Thursday while inaugurating ‘Investopia Global – Ahmedabad’, highlighting the expanding economic relationship between the two countries. Addressing the inaugural session, Patel said the 2022 CEPA had brought about a “historic transformation” in bilateral economi…
Latest Gujarat International Finance Tec-City News & Updates
Gandhinagar, July 15 (IANS) Gujarat Chief Minister Bhupendra Patel spent his 65th birthday by engaging in official work, holding a series of departmental review meetings and inspecting key infrastructure projects, while receiving birthday greetings from national leaders and public representatives. According to the officials, Patel began the day by attending the State Cabinet meeting before continuing with review meetings involving several departments, including the Urban Development Department a…
Gandhinagar, July 14 (IANS) The Gujarat unit of the Bharatiya Janata Yuva Morcha (BJYM) on Tuesday announced two statewide campaigns aimed at expanding youth engagement through career guidance and leadership development, while outlining a new organisational action plan aligned with the vision of “Viksit Bharat-2047”. The initiatives, titled ‘Yuva Disha-Darshan Samvad’ and ‘Viksit Bharat Shakti Sampark Abhiyan-2026’, were announced during a special full-day meeting of the Gujarat BJP Yuva Morcha …
New Delhi, June 10 (IANS) Gujarat International Finance Tec-City (GIFT City) on Wednesday announced launch of the second cohort of its Fintech Residential Programme to support early-stage startups to build, validate and scale solutions relevant to the evolving financial services landscape.The program will support startups working on solutions across cross-border finance, security, risk and compliance, Web3 and blockchain infrastructure, and GovTech and RegTech.The application for eligible startu…
Gandhinagar, May 7 (IANS) Investors have alleged large-scale cheating in a high-return investment scheme linked to Shoot Space Digital Pvt. Ltd., operating from Gujarat International Finance Tec-City (GIFT City), with complaints indicating that more than 33,000 people across multiple states may have been affected after promised returns reportedly stopped, officials said on Thursday. According to multiple investor complaints and preliminary police findings, the company allegedly promoted a scheme…
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,…
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…
Davos, Jan 23 (IANS) Gujarat International Finance Tec-City (GIFT City) has emerged as a key point of interest for global financial institutions, investors, and technology companies at the World Economic Forum (WEF) annual meeting here, with global companies seeking deeper engagement around India-linked financial services, innovation, and cross-border operations, it was announced on Friday.The discussions in Davos reflect growing confidence in Gujarat International Finance Tec-City’s (GIFT Cit…