India’s first International Financial Services Centre (IFSC)
GIFT City is a planned business district constructed between Gandhinagar and Ahmedabad, two major commercial hubs of Gujarat. It is being developed to cater to the global financial and IT giants looking to set up operations in India. Once fully utilized, the project will have more than 8.5 million square foot (sqf) of constructed space, with brilliant connectivity and world-class infrastructure. The project boasts distinct demarcated zones for banking and insurance firms, international exchanges, consultancies, technological hotshots and others. The basic notion is to create a financial hub that can host big businesses dispersed in various metro cities of India and abroad.
Source: https://www.makaan.com/iq/city/one-of-its-kind-all-you-need-to-know-about-gift-city
