GIFT City is a step towards making India a global financial center – Chief Minister Dr. Yadav

Bhopal: Chief Minister Dr. Mohan Yadav has said that GIFT City (Gujarat International Finance Tech-City) is an ambitious project, it is an important step towards making India a global financial center. GIFT City, which is taking shape as per the vision of Prime Minister Shri Narendra Modi, will not only provide better opportunities to investors but will also strengthen the Indian economy. Through this, India will effectively conduct activities as a strong economic power while keeping pace with international business standards. Chief Minister Dr. Yadav visited India’s first greenfield smart city, India’s financial gateway and international financial services center ‘Gujarat International Finance Tech-City’ (GIFT City) located on the banks of Sabarmati River in Gandhinagar, Gujarat and discussed with the officials. Chief Minister Dr. Yadav specially obtained information regarding the arrangements made for cleanliness in GIFT City and observed the automated garbage and waste collection system and waste tunnel.

It is noteworthy that the full name of GIFT City located in Gandhinagar, Gujarat is Gujarat International Financial Technology City. GIFT City, established as a special economic zone with the aim of making India a global financial center by promoting international financial and business activities, was approved by the Government of India in the year 2007. An ideal environment is available here for major financial services, such as banking, insurance, financial markets and technical services. An international financial market has been established in GIFT City, where global investors can carry out their business activities and investments. Equipped with state-of-the-art infrastructure, smart city technology and green energy systems, GIFT City has high quality offices, residential complexes, hotels and entertainment facilities.