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GIFT City climbs nine places to 37th in GFCI
The Hindu BusinessLine··16 Sept
Gujarat International Finance Tec-City rose nine places to 37th in the Global Financial Centres Index 40 from Z/Yen Partners and the China Development Institute. Mumbai advanced three spots to 49th. The report ranked 139 hubs using 144 measures and 39,531 assessments. MD Sanjay Kaul said GIFT City moved from 46th to 37th and ranked 26th in fintech.
Prism
What It Means For You
- GIFT City's jump to 37th raises its standing among 139 hubs scored for banking, funds, insurance, fintech and leasing.
- Mumbai's rise to 49th keeps India's main financial centre moving up the same global list.
- IFSCA-regulated activity in GIFT IFSC is the platform Sanjay Kaul cited for global institutions comparing locations.
What's Happening
- Gujarat International Finance Tec-City rose nine places to 37th in the Global Financial Centres Index 40.
- Mumbai advanced three spots to 49th in the same Z/Yen Partners and China Development Institute report.
- MD Sanjay Kaul said GIFT City moved from 46th to 37th and ranked 26th in fintech.
What the GFCI Measures
- The report ranked 139 hubs using 144 quantitative measures and 39,531 professional assessments.
- GIFT City was named among 15 centres expected to grow in importance over the next two to three years.
- New York led the global table, with London second and Hong Kong and Singapore in third and fourth.
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