GIFT City Climbs Ranks: A Global Financial Hub on the Rise

GIFT City, India's premier smart city and International Financial Services Centre, has improved its rankings in the Global Financial Centres Index, rising in fintech and reputation, bolstering its status as a key financial hub. It remains a top 15 financial centre in the Asia-Pacific region.

Gujarat International Finance Tec-City, widely known as GIFT City, has achieved substantial gains in the Global Financial Centres Index (GFCI) 37, marking its ascent as a significant financial hub.

This pioneering smart city and India's first International Financial Services Centre improved its fintech ranking from 45th to 40th and made notable advancements in its reputation and overall standings.

It remains one of the top 15 financial centres in the Asia-Pacific region, reflecting India's growing impact on global finance, as affirmed by GIFT City's Managing Director, Tapan Ray.

(With inputs from agencies.)