Gujarat International Finance Tec-City (GIFT City), is attracting interest from domestic and global IT & ITeS companies to set up operations there. More than 500 employees are working in some of the leading institutions that have already begun operations in GIFT domestic zone as well as in GIFT’s Special Economic Zone (SEZ) area.
MNC players like Oracle; Maxim Integrated, a US$ 2 billion plus US-based integrated solutions company and Befree, a leading book-keeping company from Australia have already started out their operations in GIFT City.
E-commerce player Infibeam has acquired space in GIFT City. IndusInd Bank has recently opened international banking unit (IBU) at the International Financial Services Centre (IFSC) in the Gujarat International Finance Tec-City (GIFT City) to meet the requirements of offshore banking operations from India. BSE is also setting up an international exchange at GIFT City.
The Government of Gujarat has also announced its IT/ITeS policy which offers significant incentives to the IT/ITeS companies.
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