GIFT City draws strong interest from global companies at Davos

by IANS |

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 City) regulatory framework and operating environment, and its ability to offer global firms a competitive, internationally aligned platform within India’s jurisdiction to participate in the country’s long-term growth, said Sanjay Kaul, GIFT City’s MD and Group CEO.

“India is at a defining stage in its economic journey, with global institutions increasingly viewing the country not just as a market, but as a base for sophisticated financial and technology operations,” he said in a statement.

GIFT City leveraged the four-day global forum to position India’s maiden International Financial Services Centre (IFSC) as a scalable, regulation-ready destination for banking, capital markets, insurance, fintech, and advanced digital operations.

The engagements reflected growing global recognition of India’s IFSC framework as a credible platform for international business expansion.

According to the statement, the GIFT City delegation held a series of structured discussions with senior leadership from leading global financial institutions.

Meetings with Euroclear, Marsh McLennan, Invesco, Visa, and Nasdaq centred on the evolution of India’s capital markets, cross-border fund flows, and the operational advantages of the IFSC ecosystem.

Discussions highlighted interest in GIFT City’s unified regulatory environment, ease of capital movement, and expanding financial market depth.

Strategic conversations were also held with global advisory and institutional stakeholders, underlining the growing global interest in GIFT City as a long-term institutional and innovation destination.

The delegation also joined exclusive sessions hosted by the Swiss Embassy, Swiss India Chamber of Commerce, and Confederation of Indian Industry (CII), the statement added.