The Latest Breaking News from GIFT City

Centre of forging partnerships

India's leaders are forging new international economic partnerships, particularly in technology, energy, and manufacturing sectors. The country is experiencing significant growth in renewable energy, further enhancing its energy security. Domestic investments are rising, with GIFT City attracting considerable international capital. Collaborations between government and business can lead to mutual benefits…

The Economic Times · 19h ago

ET Alpha Wealth Summit 2.0 | SIFs, passive funds and GIFT City: How India's wealth portfolios are evolving, says Tata AMC's Anand Vardarajan

Tata Asset Management CEO Anand Vardarajan highlights how passive funds, SIFs and GIFT City are reshaping wealth management. He advocates combining active and passive strategies while monitoring global yields, inflation and valuations to build diversified portfolios.

The Economic Times · Oct 9

Edelweiss Asset Management launches Edelweiss US Technology Equity Fund in GIFT City, invests in JPMorgan US Technology Fund

Edelweiss Asset Management launched the Edelweiss US Technology Equity Fund through GIFT City, providing dollar-denominated exposure to JPMorgan’s US Technology Fund. The fund targets resident investors, NRIs, institutions and family offices, with a $5,000 minimum investment. The launch offers an alternative overseas investment route amid India’s mutual fund limits.

The Economic Times · Oct 8

JPMorgan to double GIFT City business as $1 billion book expands

JPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in areas like trade finance and payments. After establishing its branch in 2022, JPMorgan currently serves a few hundred clients with a book of nearly…

The Economic Times · Sep 23

GIFT City moves up 9 places to 37th globally, ranks among Asia-Pacific top 15

GIFT City has surged nine positions to secure the 37th spot in the Global Financial Centres Index, marking a significant achievement for India as it joins the top 15 financial hubs in the Asia-Pacific region. With its FinTech ranking also improving by three places to 26th globally, this leap underscores…

The Economic Times · Sep 17

HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT City

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through the central bank's facility. The Reserve Bank of India's program boosted activity in GIFT City significantly. This success encourages lenders to expand wealth management operations and attract more diaspora…

The Economic Times · Sep 16

SBICAP Securities partners with Appreciate for global market access via India INX GA, NSEIXGA

SBICAP Securities has partnered with Appreciate Broking IFSC to give retail investors regulated access to more than 8,000 US stocks and global ETFs through GIFT City. The platform offers single-KYC onboarding and fractional investing starting at $1.

The Economic Times · Sep 11

Waterfield Advisors launches two GIFT City funds for global diversification

Waterfield Advisors has launched two GIFT City-based outbound AIFs to help Indian family portfolios diversify across global equities, commodities and fixed income. The funds aim to address concentrated domestic exposure and provide access to international markets through India-based vehicles, with the firm recommending a minimum strategic allocation of 10% to…

The Economic Times · Sep 7

ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternatives

Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.

The Economic Times · Aug 26

ET WLF 2026: GIFT City eyes reforms to bring offshore biz home

GIFT City is shifting its focus to bring India-related cross-border financial business home. The regulator aims to address product, expertise, and regulation gaps that drive business overseas. GIFT City seeks to become a landing point for both inbound and outbound investment activities. Indian institutions are urged to assess shifting current…

The Economic Times · Aug 25