Gujarat International Finance Tec-City

04/06/2026

Insurance premiums underwritten by entities in GIFT City quadrupled to $648.7 million in FY26. It is driven by growth in reinsurance business and an increase in the number of insurance offices operating from the International Financial Services Centre (IFSC).

The growth reflects expanding reinsurance opportunities and enhancing GIFT City as a global hub for insurance and reinsurance services.

Read more: https://www.business-standard.com/finance/insurance/gift-city-insurance-premiums-quadruple-to-648-million-in-fy26-126060400281_1.html



PMO India CMO Gujarat Ministry of Finance

Gross premiums underwritten by IFSC Insurance Offices in GIFT City rose fourfold in FY26, driven by rapid expansion in reinsurance business and a doubling of insurance entities

04/06/2026

Indian Overseas Bank (IOB) has received approval to establish an International Financial Services Centre Banking Unit (IBU) at GIFT City.

The new IBU will enable IOB to participate in offshore banking, foreign currency operations, trade finance, and other cross-border financial services from GIFT City, further strengthening the ecosystem for international banking and global capital flows.

Read more: https://www.thehindubusinessline.com/money-and-banking/iob-secures-ifsca-license-for-gift-city-branch/article71053075.ece



PMO India CMO Gujarat Ministry of Finance

Indian Overseas Bank secures IFSCA license to establish an International Financial Services Centre at GIFT City, Gujarat.

03/06/2026

GIFT City currently hosts more than 40 aircraft lessors as policymakers seek to position the International Financial Services Centre as a domestic hub for aviation financing.

Treasury operations extend well beyond borrowing and lending, covering broader financial management and capital allocation activities.

Foreign banks’ investment in GIFT City has delivered strong growth, enabled new business opportunities, and provided US dollar settlement infrastructure for the centre.

GIFT City continues to attract global capital while expanding its international financial services ecosystem, reinforcing its role as an emerging destination for global financial institutions and investors.

Read more at: https://www.cnbctv18.com/business/gift-city-focuses-on-aircraft-leasing-and-treasury-centres-to-attract-global-capital-ws-l-19918116.htm



PMO India CMO Gujarat Ministry of Finance

GIFT City is positioning itself as a financing and treasury hub by targeting aviation leasing, capital raising and cross-border financial services as India seeks to bring more international transactions onshore.

03/06/2026

GIFT City is strengthening its position as a global financial and tech innovation hub through a strong focus on talent development and ecosystem growth.

With a target of generating over 1 lakh employment opportunities by 2030, GIFT City is collaborating with universities and industry bodies to develop a future-ready workforce for international financial services.

Specialized academic programmes, fintech institute in GIFT City will help prepare professionals for careers across BFSI, capital markets, aircraft leasing, insurance, fintech, and fund management.

By investing in talent, skills, and enabling infrastructure, GIFT City is building the foundation for its next phase of growth.

Read more: https://www.cnbctv18.com/business/gift-city-targets-1-lakh-jobs-by-2030-focuses-on-talent-and-social-infrastructure-sanjay-kaul-ws-l-19918106.htm



PMO India CMO Gujarat

GIFT City is expanding its talent pipeline through university partnerships, specialised training and fintech-focused skilling programmes as it aims to build a globally competitive financial workforce.

01/06/2026

Gandhinagar’s GIFT City has positioned Gujarat on the global financial map as India’s first International Financial Services Centre (IFSC).

From fintech and banking to global financial services and innovation-driven businesses, the city is shaping the future of India’s digital economy.

Backed by world-class infrastructure and a future-ready ecosystem, GIFT City continues to strengthen Central Gujarat’s role as a hub for finance, technology, and global investment.

28/05/2026

Fintech infrastructure provider Decentro has received final approval for a Payment Service Provider (PSP) licence from IFSCA at GIFT City.

The licence allows Decentro to operate cross-border payment services from GIFT City.

A separate entity has been set up in GIFT City to offer services such as multi-currency accounts, cross-border collections, and international payment settlements for businesses operating across jurisdictions and handling international transactions.

Read more: https://www.cnbctv18.com/business/finance/fintech-decentro-final-payment-service-provider-licence-at-gift-city-ws-el-19914908.htm



PMO India CMO Gujarat Ministry of Finance

Decentro secures IFSCA PSP licence at GIFT City, becoming the first Indian payment aggregator to offer expanded cross border payment services for businesses.

28/05/2026

As Indian investors increasingly look beyond domestic markets, GIFT City is emerging as a gateway to global investment opportunities.

Also, the leading asset managers are leveraging GIFT City to offer access to international equities and diversified investment avenues, reflecting the growing global portfolio exposure among Indian investors.

With its growing financial ecosystem and global outlook, GIFT City continues to strengthen its position as a future-ready international financial hub connecting India to the world.

Read more: https://asia.nikkei.com/business/markets/equities/india-s-gift-city-offers-gateway-for-investors-seeking-global-stocks



PMO India CMO Gujarat Ministry of Finance

Relaxed limits in would-be Singapore rival offer escape from weak domestic market

26/05/2026

GIFT City celebrates a moment of immense pride and honour.

Heartiest congratulations to Shri Uday Kotak, Chairman, GIFT City, on being conferred the prestigious Padma Bhushan by the Government of India.

This remarkable recognition reflects his visionary leadership, enduring commitment, and immense contribution to nation-building and India’s financial ecosystem. His journey continues to inspire excellence, innovation, and progress.

25/05/2026

GIFT City is emerging as a new route for accessing global investment opportunities without leaving India.

GIFT City allows Indian asset managers and investors to access international investment products through a unified regulatory framework overseen by IFSCA.

The process for investing through GIFT City is designed to be similar to investing in mutual funds. Retail investors can invest either directly or through financial advisors by completing digital onboarding, transferring funds, and receiving units in global investment products.

As India’s international financial hub continues to evolve, GIFT City is strengthening access to global financial markets and expanding investment opportunities for Indian investors.

Read more:
https://www.ndtvprofit.com/markets/invest-globally-from-india-heres-how-gift-city-works-11542648



PMO India CMO Gujarat Ministry of Finance

While GIFT City simplifies operational access to global markets, investors should still understand the underlying products and ideally seek professional financial advice before allocating money overseas.

22/05/2026