India aims to reduce its offshore dependence on aircraft leasing and financing and the International Financial Services Centres Authority (IFSCA) in Gujarat's GIFT City will help in realizing it, said Prime Minister Narendra Modi.
GIFT City is billed as a world-class business district envisaged and built to cater to global and domestic business enterprises. It aims to set an international benchmark for finance and technology hubs worldwide.
GIFT City, which has expanded into a major international financial hub in India, has attracted a host of global investors. Many of them have made a beeline to mark their presence and to take the first movers' advantage.
PM Modi conceptualised the idea of GIFT City way back in 2007 when he was the Chief Minister of Gujarat and it has now expanded into becoming a major international financial hub.
Expressing enthusiasm for the potential collaboration, Chief Minister Patel stated, "Green hydrogen technology and desalination plants can progress through collaboration between the UAE and Gujarat."
Sitharaman said, "Currently in the IFSC we have three exchanges, 25 banks, 26 aircraft lesser. Aircraft companies must have there office in GIFT CITy. 86 fund managers, 8 ship leasing companies have offices in GIFT CITY. 50 professional firms advisors are in GIFT CITY. 580 entities are in
Australia's High Commissioner to India Philip Green today lauded the inauguration of Australia's Deakin University branch campus in GIFT City, Gujarat, the first foreign university to ever open a campus in India.
Gandhinagar (Gujarat) [India], January 10: Eros Investments a leading Global Media, Entertainment & Technology portfolio of ventures today announced the launch of Immerso AI Park in partnership with the Government of Gujarat and in line with the vision of The Prime Minister, Narendra Mod
With GIFT city as an ideal innovation hub for cross-border activity, Paytm will use its proven capability to innovate and build new tech for users across the globe looking to invest in India.
"Preparations for the Vibrant Gujarat Global Summit have been done completely by the police. All arrangements for the summit have been made in six parts. The summit will be organised in different places, and we have prepared accordingly for that. An ADG rank official will supervise everythin
"Singapore will expand investments into #Gujarat's Green Economy and Sustainability Sector at the #VGGS2024. Looking forward to announcing >INR2,300 cr of investments," Singapore's High Commissioner to India, HC Wong, said in a post on X.
Gandhinagar (Gujarat) [India], January 4: ModAir Aviation is proud to announce the induction of the fifth aircraft under its wings. This inducted airplane is Tecnam P-Mentor, a flight training, two-seater aircraft that touchdown at Ahmedabad. The import of this aircraft is facilitated under