{"id":3292,"date":"2025-12-10T06:00:00","date_gmt":"2025-12-10T00:30:00","guid":{"rendered":"https:\/\/readingroomz.com\/?p=3292"},"modified":"2025-12-09T22:32:02","modified_gmt":"2025-12-09T17:02:02","slug":"gift-city-2025-key-facts-for-appsc-exams","status":"publish","type":"post","link":"https:\/\/readingroomz.com\/te\/gift-city-2025-key-facts-for-appsc-exams\/","title":{"rendered":"GIFT City 2025: Key Facts for APPSC Exams"},"content":{"rendered":"<h1 class=\"wp-block-heading has-text-align-center\" id=\"gift-city-2025\">GIFT City 2025<\/h1>\n\n\n\n<div class=\"wp-block-rank-math-toc-block has-text-color has-link-color wp-elements-d9d3e6abb3b192cd5d81211f752de353\" style=\"color:#0045d5\" id=\"rank-math-toc\"><h2>\u0c35\u0c3f\u0c37\u0c2f \u0c38\u0c42\u0c1a\u0c3f\u0c15<\/h2><nav><ul><li><a href=\"#gift-city-2025\">GIFT City 2025<\/a><ul><li><a href=\"#2-vision-and-objectives-of-gift-city\">1. Vision and Objectives of GIFT City<\/a><ul><li><a href=\"#major-goals\">1.1Major Goals<\/a><\/li><\/ul><\/li><li><a href=\"#3-governance-structure-ifsca-and-ifsc\">2. Governance Structure \u2013 IFSCA and IFSC<\/a><ul><li><a href=\"#3-1-regulatory-framework\">2.1 Regulatory Framework<\/a><\/li><\/ul><\/li><li><a href=\"#4-business-ecosystem-in-gift-city\">3. Business Ecosystem in GIFT City<\/a><ul><li><a href=\"#4-1-entity-presence-and-rankings\">3.1 Entity Presence and Rankings<\/a><\/li><li><a href=\"#4-2-sector-wise-highlights\">3.2 Sector-wise Highlights<\/a><\/li><\/ul><\/li><li><a href=\"#5-key-institutions-from-bullion-to-gc-cs\">4. Key Institutions \u2013 From Bullion to GCCs<\/a><ul><li><a href=\"#5-1-india-international-bullion-exchange-iibx\">4.1 India International Bullion Exchange (IIBX)<\/a><\/li><li><a href=\"#5-2-global-in-house-capability-centres\">4.2 Global In-House \/ Capability Centres<\/a><\/li><\/ul><\/li><li><a href=\"#6-fin-tech-ecosystem-in-gift-city\">5. FinTech Ecosystem<\/a><ul><li><a href=\"#6-1-regulatory-setup\">5.1 Regulatory Setup<\/a><\/li><li><a href=\"#6-2-international-fintech-innovation-research-centre\">5.2 International Fintech Innovation &amp; Research Centre<\/a><\/li><\/ul><\/li><li><a href=\"#7-setting-up-business-in-gift-city-eligibility-snapshot\">6. Setting Up Business in GIFT City \u2013 Eligibility Snapshot<\/a><\/li><li><a href=\"#8-fiscal-regulatory-incentives-in-gift-city\">7. Fiscal &amp; Regulatory Incentives in GIFT City<\/a><ul><li><a href=\"#8-1-direct-indirect-tax\">7.1 Direct &amp; Indirect Tax<\/a><\/li><li><a href=\"#8-2-other-incentives\">7.2 Other Incentives<\/a><\/li><\/ul><\/li><li><a href=\"#9-world-class-infrastructure-smart-city-features\">8. World-Class Infrastructure \u2013 Smart City Features<\/a><ul><li><a href=\"#9-1-civic-infrastructure\">8.1 Civic Infrastructure<\/a><\/li><\/ul><\/li><li><a href=\"#10-smart-governance-city-command-control-centre-c-4\">9. Smart Governance \u2013 City Command &amp; Control Centre (C4)<\/a><\/li><li><a href=\"#13-fa-qs-on-gift-city-exam-style-doubts\">10. Frequently Asked Questions<\/a><ul><li><a href=\"#faq-question-1765297820752\">What is GIFT City and where is it located?<\/a><\/li><li><a href=\"#faq-question-1765299255631\">Why was GIFT City created?<\/a><\/li><li><a href=\"#faq-question-1765299282907\">Who regulates financial activities in GIFT City?<\/a><\/li><li><a href=\"#faq-question-1765299347699\">What are the main tax benefits available in GIFT City?<\/a><\/li><li><a href=\"#faq-question-1765299375514\">How is GIFT City different from a normal SEZ?<\/a><\/li><li><a href=\"#faq-question-1765299402105\">What is the role of FinTech in GIFT City\u2019s growth?<\/a><\/li><li><a href=\"#faq-question-1765299425792\">How does GIFT City support India\u2019s Viksit Bharat 2047 vision?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-1024x683.webp\" alt=\"GIFT City\" class=\"wp-image-3295\" srcset=\"https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-1024x683.webp 1024w, https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-400x267.webp 400w, https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-768x512.webp 768w, https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-18x12.webp 18w, https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City-600x400.webp 600w, https:\/\/readingroomz.com\/wp-content\/uploads\/2025\/12\/GIFT-City.webp 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>GIFT City (Gujarat International Finance Tec-City) is India\u2019s first International Financial Services Centre (IFSC) and first operational smart city, located in Gandhinagar, Gujarat. It is designed as a global hub for finance, IT and FinTech, competing with international centres like Singapore and Dubai, and supporting the vision of Viksit Bharat 2047.<\/p>\n\n\n\n<p>Key quick facts:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s first operational IFSC and smart city<\/li>\n\n\n\n<li>Nearly 1000 acres, expanding to 3,300+ acres (DTA + GIFT SEZ)<\/li>\n\n\n\n<li>1034+ registered entities in GIFT IFSC<\/li>\n\n\n\n<li>38 banks with assets of USD 100.14 billion<\/li>\n\n\n\n<li>Offers 10-year income tax holiday in a 15-year block for IFSC units<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-vision-and-objectives-of-gift-city\">1. Vision and Objectives of GIFT City<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Act as a gateway for global capital into India<\/li>\n\n\n\n<li>Provide onshore\u2013offshore financial services from Indian soil<\/li>\n\n\n\n<li>Create a high-quality employment ecosystem in finance, IT, and FinTech<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"major-goals\">1.1Major Goals<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Position India as a leading global financial centre by 2047<\/li>\n\n\n\n<li>Attract sovereign wealth funds, pension funds, hedge funds, PE funds<\/li>\n\n\n\n<li>Support regulatory innovation (sandboxes, new products)<\/li>\n\n\n\n<li>Drive FinTech-led development with a unified sandbox<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-governance-structure-ifsca-and-ifsc\">2. Governance Structure \u2013 IFSCA and IFSC<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-1-regulatory-framework\">2.1 Regulatory Framework<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u0c15\u0c4b\u0c23\u0c02<\/th><th>\u0c21\u0c40\u0c1f\u0c48\u0c32\u0c4d\u0c38\u0c4d<\/th><\/tr><\/thead><tbody><tr><td>\u0c1a\u0c1f\u0c4d\u0c1f\u0c2a\u0c30\u0c2e\u0c48\u0c28 \u0c06\u0c27\u0c3e\u0c30\u0c02<\/td><td>IFSC under SEZ Act, 2005<\/td><\/tr><tr><td>Main Regulator<\/td><td>International Financial Services Centres Authority (IFSCA)<\/td><\/tr><tr><td>IFSCA Act<\/td><td>2019 (Authority operational since April 2020)<\/td><\/tr><tr><td>Powers<\/td><td>Consolidates earlier IFSC powers of RBI, SEBI, IRDAI, PFRDA<\/td><\/tr><tr><td>\u0c35\u0c3f\u0c27\u0c3f<\/td><td>Regulates &amp; develops financial products, services, institutions in GIFT IFSC<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The IFSC units in GIFT City are treated as non-residents under FEMA, allowing them to deal primarily in foreign currency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-business-ecosystem-in-gift-city\">3. Business Ecosystem in GIFT City<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-1-entity-presence-and-rankings\">3.1 Entity Presence and Rankings<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u0c38\u0c42\u0c1a\u0c3f\u0c15<\/th><th>Data (2025)<\/th><\/tr><\/thead><tbody><tr><td>Total registered entities in GIFT IFSC<\/td><td>1034+<\/td><\/tr><tr><td>Global Financial Centres Index rank<\/td><td>46th (highest ever)<\/td><\/tr><tr><td>Rank among 15 emerging centres<\/td><td>5th (and top in reputation index)<\/td><\/tr><tr><td>Banks in GIFT IFSC<\/td><td>38<\/td><\/tr><tr><td>Banking asset base<\/td><td>USD 100.14 billion<\/td><\/tr><tr><td>Cumulative banking transactions<\/td><td>USD 142.98 billion<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-2-sector-wise-highlights\">3.2 Sector-wise Highlights<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Segment<\/th><th>Key Numbers \/ Points<\/th><\/tr><\/thead><tbody><tr><td><strong>Finance &amp; Treasury<\/strong><\/td><td>4 Global\/Regional Corporate Treasury Centres; 18+ core finance companies<\/td><\/tr><tr><td><strong>Capital Markets<\/strong><\/td><td>2 international stock exchanges; avg monthly turnover USD 89.67 bn; fund-raising commitments USD 26.30 bn; 194 Fund Management Entities; GIFT Nifty monthly turnover USD 102.35 bn (May 2025)<\/td><\/tr><tr><td><strong>\u0c2d\u0c40\u0c2e\u0c3e<\/strong><\/td><td>52 insurers &amp; intermediaries; USD 425 mn gross premiums<\/td><\/tr><tr><td><strong>Leasing<\/strong><\/td><td>37 aircraft lessors (303 aviation assets); 34 ship lessors (28 ships)<\/td><\/tr><tr><td><strong>FinTech\/TechFin<\/strong><\/td><td>20 registered entities; 8 sandbox entities<\/td><\/tr><tr><td><strong>Ancillary Service Providers<\/strong><\/td><td>88+<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-key-institutions-from-bullion-to-gc-cs\">4. Key Institutions \u2013 From Bullion to GCCs<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"5-1-india-international-bullion-exchange-iibx\">4.1 India International Bullion Exchange (IIBX)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Launched July 2022 at GIFT IFSC<\/li>\n\n\n\n<li>Promoted by NSE, INDIA INX, NSDL, CDSL, MCX<\/li>\n\n\n\n<li>Regulated by IFSCA<\/li>\n\n\n\n<li>Acts as a gateway for bullion imports, offers trading platform &amp; vaulting<\/li>\n\n\n\n<li>Follows OECD due-diligence guidelines for responsible bullion trade<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"5-2-global-in-house-capability-centres\">4.2 Global In-House \/ Capability Centres<\/h3>\n\n\n\n<p>A Global In-House Centre (GIC) \/ Global Capability Centre (GCC) in GIFT IFSC:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exclusively serves financial services groups (banks, NBFCs, intermediaries, IBs)<\/li>\n\n\n\n<li>Operates in foreign currency from an IFSC unit<\/li>\n\n\n\n<li>Governed by IFSCA (Global In-House Centres) Regulations, 2020<\/li>\n<\/ul>\n\n\n\n<p>Major GCC players in or around GIFT City:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Infineon Technologies, Technip Energies, TELUS, Tata Electronics<\/li>\n\n\n\n<li>Accenture, Capgemini, IBM Consulting<\/li>\n\n\n\n<li>NASSCOM Centre of Excellence (deep-tech innovation)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-fin-tech-ecosystem-in-gift-city\">5. FinTech Ecosystem<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"6-1-regulatory-setup\">5.1 Regulatory Setup<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FinTech framework via IFSCA circular (27 April 2022)<\/li>\n\n\n\n<li>Dual routes for entities:\n<ul class=\"wp-block-list\">\n<li>Direct authorisation<\/li>\n\n\n\n<li>FinTech Sandbox for experimentation<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>As of 2025: 20 FinTech\/TechFin firms and 8 sandbox firms live<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"6-2-international-fintech-innovation-research-centre\">5.2 International Fintech Innovation &amp; Research Centre<\/h3>\n\n\n\n<p>Joint initiative of Government of Gujarat + Asian Development Bank:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Partners: IIT Gandhinagar, Ahmedabad University, UC San Diego, Plug and Play<\/li>\n\n\n\n<li>Focus: training, incubation, acceleration, research, and cross-border collaboration<\/li>\n<\/ul>\n\n\n\n<p>This makes GIFT City a core node in India\u2019s FinTech and digital-finance story.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"7-setting-up-business-in-gift-city-eligibility-snapshot\">6. Setting Up Business in GIFT City \u2013 Eligibility Snapshot<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u0c2a\u0c30\u0c3e\u0c2e\u0c3f\u0c24\u0c3f<\/th><th>Condition<\/th><\/tr><\/thead><tbody><tr><td>Who can set up?<\/td><td>Entities of financial services groups from FATF-compliant jurisdictions<\/td><\/tr><tr><td>Activities<\/td><td>Support\/undertake financial services linked to financial products<\/td><\/tr><tr><td>Legal forms<\/td><td>Company, LLP, Branch, or other permitted form<\/td><\/tr><tr><td>FEMA treatment<\/td><td>IFSC unit treated as non-resident<\/td><\/tr><tr><td>Regime<\/td><td>Light-touch regulation + single-window clearance<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"8-fiscal-regulatory-incentives-in-gift-city\">7. Fiscal &amp; Regulatory Incentives in GIFT City<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"8-1-direct-indirect-tax\">7.1 Direct &amp; Indirect Tax<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>10-year income tax holiday within a 15-year block (Sec. 80-LA, IT Act)<\/li>\n\n\n\n<li>Reduced withholding tax on interest income<\/li>\n\n\n\n<li>No GST on transactions within IFSC<\/li>\n\n\n\n<li>Customs duty exemption on goods imported into SEZ<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"8-2-other-incentives\">7.2 Other Incentives<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exemptions under Companies Act, 2013<\/li>\n\n\n\n<li>No Securities Transaction Tax (STT) or Commodity Transaction Tax (CTT)<\/li>\n\n\n\n<li>Stamp duty exemption on certain transactions<\/li>\n\n\n\n<li>100% reimbursement of employer\u2019s PF contribution (as per policy)<\/li>\n\n\n\n<li>State-level IT\/ITeS incentives for CAPEX\/OPEX, employment, electricity duty, etc.<\/li>\n<\/ul>\n\n\n\n<p>GIFT City also benefits from:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Delegation of SEZ Development Commissioner powers to IFSCA<\/li>\n\n\n\n<li>ingle Window IT System (SWITS) for IFSC units<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"9-world-class-infrastructure-smart-city-features\">8. World-Class Infrastructure \u2013 Smart City Features<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"9-1-civic-infrastructure\">8.1 Civic Infrastructure<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>System<\/th><th>\u0c2e\u0c41\u0c16\u0c4d\u0c2f \u0c32\u0c15\u0c4d\u0c37\u0c23\u0c3e\u0c32\u0c41<\/th><\/tr><\/thead><tbody><tr><td><strong>\u0c1c\u0c3f\u0c32\u0c4d\u0c32\u0c3e \u0c36\u0c40\u0c24\u0c32\u0c40\u0c15\u0c30\u0c23 \u0c35\u0c4d\u0c2f\u0c35\u0c38\u0c4d\u0c25<\/strong><\/td><td>Centralised cooling; ~30% less energy than conventional AC<\/td><\/tr><tr><td><strong>Automated Waste Collection (AWCS)<\/strong><\/td><td>Pneumatic waste network; low transport emissions<\/td><\/tr><tr><td><strong>Underground Utility Tunnel<\/strong><\/td><td>17-km tunnel carrying power, water, sewage, telecom \u2013 \u201cno-dig city\u201d<\/td><\/tr><tr><td><strong>Zero-Discharge Water<\/strong><\/td><td>24\u00d77 potable water; sewage reuse; Samrudhi Sarovar for 15-day storage<\/td><\/tr><tr><td><strong>Power Reliability<\/strong><\/td><td>99.999% reliable; only 5.3 minutes outage per year<\/td><\/tr><tr><td><strong>Digital Backbone<\/strong><\/td><td>Optical fibre ring; 15+ telecom operators<\/td><\/tr><tr><td><strong>Tier-IV Data Centre<\/strong><\/td><td>STT Global facility with LEED Gold, ISO\/PCI-DSS standards<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"10-smart-governance-city-command-control-centre-c-4\">9. Smart Governance \u2013 City Command &amp; Control Centre (C4)<\/h2>\n\n\n\n<p>The C4 centre is the digital brain of GIFT City:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Monitors power, cooling, water, waste, lighting, GIS in real time<\/li>\n\n\n\n<li>70,000+ input\/output points for data and control<\/li>\n\n\n\n<li>SCADA-based monitoring for 24\u00d77 utilities<\/li>\n\n\n\n<li>Single dashboard for incident management and urban operations<\/li>\n<\/ul>\n\n\n\n<p>GIFT Urban Development Authority and the Notified Area Committee ensure single-window urban governance.<\/p>\n\n\n\n<p><a href=\"https:\/\/readingroomz.com\/te\/current-affairs\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\ud83d\udc49 \u0c21\u0c48\u0c32\u0c40 \u0c15\u0c30\u0c46\u0c02\u0c1f\u0c4d \u0c05\u0c2b\u0c48\u0c30\u0c4d\u0c38\u0c4d \u0c35\u0c3f\u0c2d\u0c3e\u0c17\u0c3e\u0c28\u0c3f\u0c15\u0c3f \u0c35\u0c46\u0c33\u0c4d\u0c32\u0c02\u0c21\u0c3f<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"13-fa-qs-on-gift-city-exam-style-doubts\">10. Frequently Asked Questions<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list\">\n<div id=\"faq-question-1765297820752\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>What is GIFT City and where is it located?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Gujarat International Finance Tec-City is India\u2019s first International Financial Services Centre (IFSC) and first operational smart city. It is located between Gandhinagar and Ahmedabad in Gujarat.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299255631\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>Why was GIFT City created?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Gujarat International Finance Tec-City was created to build a global financial and IT hub within India, attract offshore financial business that earlier went to centres like Singapore or Dubai, channel global capital for India\u2019s growth, and create high-skill employment.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299282907\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>Who regulates financial activities in GIFT City?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>The International Financial Services Centres Authority (IFSCA) regulates all financial products, services, and institutions in GIFT IFSC. It acts as a unified regulator, replacing fragmented oversight of RBI, SEBI, IRDAI, and PFRDA within the IFSC.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299347699\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>What are the main tax benefits available in GIFT City?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>Key tax benefits include a 10-year income tax holiday within 15 years, GST exemption on IFSC transactions, customs duty exemption for imports into the SEZ, and no STT\/CTT and stamp duty exemptions on specific transactions.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299375514\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>How is GIFT City different from a normal SEZ?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>While it has a multi-services SEZ (GIFT SEZ), GIFT City also houses India\u2019s only operational IFSC, with a dedicated regulator (IFSCA), foreign-currency operations, special financial products (like aircraft\/ship leasing, bullion exchange), and a smart-city scale infrastructure.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299402105\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>What is the role of FinTech in GIFT City\u2019s growth?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>FinTech is a core pillar in GIFT City. IFSCA offers sandboxes, direct authorisation routes, and innovation support. The city hosts 20+ FinTech\/TechFin entities, an International Fintech Innovation &amp; Research Centre, and is emerging as a global hub for digital financial services.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1765299425792\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question\"><strong>How does GIFT City support India\u2019s Viksit Bharat 2047 vision?<\/strong><\/h3>\n<div class=\"rank-math-answer\">\n\n<p>By channelling international capital, creating high-end jobs, hosting foreign universities and cutting-edge FinTech, and positioning India as a leading global financial centre, GIFT City directly contributes to the long-term vision of a developed India by 2047.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>Reference: <a href=\"https:\/\/giftgujarat.in\/\" rel=\"nofollow noopener\" target=\"_blank\">GIFT City<\/a><\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>GIFT City is India\u2019s first IFSC and smart city in Gandhinagar, built as a global finance\u2013tech hub. This note covers vision, governance, incentives, entities, and infrastructure for competitive exams.<\/p>","protected":false},"author":1,"featured_media":3295,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowpNK9DA:productID":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[41],"tags":[51],"class_list":["post-3292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy"],"_links":{"self":[{"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/posts\/3292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/comments?post=3292"}],"version-history":[{"count":5,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/posts\/3292\/revisions"}],"predecessor-version":[{"id":3298,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/posts\/3292\/revisions\/3298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/media\/3295"}],"wp:attachment":[{"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/media?parent=3292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/categories?post=3292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/readingroomz.com\/te\/wp-json\/wp\/v2\/tags?post=3292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}