Upcoming Companies In Gift City Gandhinagar 2024, Company List in gift city Gandhinagar

Upcoming Companies In Gift City Gandhinagar 2024 : Welcome to the vibrant world of Gift City Gandhinagar! If you’re curious about what’s buzzing in this dynamic hub of innovation and opportunity, you’ve landed in the right place. In this blog post, we’ll delve into the exciting realm of upcoming companies in Gift City Gandhinagar, offering you a sneak peek into the bustling ecosystem that’s shaping the future of business in India. But before we dive in, let’s set the stage with a quick overview.

After the Vibrant Summit 2024 in Gujarat, many new companies are preparing to come, and new companies are coming from countries like Singapore, Japan, Australia, Thailand, and America.

• American University announced to come to Gujarat
• Australia’s Deakin and Wollongong universities in Gift City
• Wipro will soon start tech-fin operations in Gift City 5

While GIFT City has already witnessed several large-scale investments, the state government has engaged with over 1,000 companies through six international and eight domestic roadshows and delegation visits held in the run-up to the VGGS to explore investment opportunities, a government release said.

Ahead of the Vibrant Gujarat Global Summit, Gandhinagar-based Gujarat International Finance Tec-City (GIFT City) has become a focus area with the state government promoting it as a key investment destination by engaging with over 1,000 companies to organise roadshows and delegation visits, officials said. Spread over 886 acres of area, GIFT City is India’s first operational smart city with infrastructure for international banking, insurance and capital markets. It has a committed investment of USD 1.57 billion, and a workforce of 10,000 professionals.

The upcoming Vibrant Gujarat Global Summit (VGGS), to be held in Gandhinagar between January 10 and 12, 2024, has made GIFT City an important focus area with international companies from countries like UAE, Japan, Australia, Singapore, and the USA expressing interest towards exploring investment opportunities in the GIFT International Financial Services Centre (GIFT IFSC), government officials said.

While GIFT City has already witnessed several large-scale investments, the state government has engaged with over 1,000 companies through six international and eight domestic roadshows and delegation visits held in the run-up to the VGGS to explore investment opportunities, a government release said.

Upcoming Companies In Gift City Gandhinagar 2024 : Current Landscape

As of now, GIFT City hosts two prominent international exchanges the India International Exchange (India INX) of BSE and the International Exchange of NSE. The vibrant financial hub boasts 69 broker-dealers, 19 clearing members, 2 clearing corporations, and 5 custodians registered within its precincts.

Evolution of the Initiative

The journey towards this historic moment commenced on July 28 last year when Finance Minister Nirmala Sitharaman first announced the prospect of direct listing for Indian companies in GIFT-IFSC exchanges. Now, with the government’s notification, this vision is materializing into a tangible reality.

• NeoGrowth Makes Historic Move by Listing Foreign Currency Bonds in GIFT City’s IFSC

Government’s Official Communication

The Finance Ministry, through a released statement, disclosed that the Department of Economic Affairs has issued a notification detailing the terms and conditions for the direct listing of Indian companies in GIFT-IFSC.

Simultaneously, the Ministry of Corporate Affairs (MCA) has rolled out the Companies (List of Equity Shares in Permissible Jurisdiction) Rules, 2024, providing a comprehensive framework for Indian public sector companies to issue and list their shares on international exchanges.

Attracting Foreign Investors and Facilitating Growth

The direct listing of Indian companies in GIFT City is poised to simplify the investment process for foreign investors. Notably, they will no longer be required to convert their currency into rupees to invest in the shares of these companies. This strategic move allows stocks to be traded in dollars, eliminating the need for currency conversion and hedging, ultimately lowering associated costs.

The Finance Ministry expressed optimism, stating, “This initiative will encourage foreign investment, open growth opportunities, and expand the investor base for Indian companies.” Meanwhile, the Securities and Exchange Board of India (SEBI) is actively working on issuing guidelines to further streamline the process for listed Indian companies.

List Of Fintech Companies in Gift City

S.NO	NAME OF THE ENTITY
01	BONDEVALUE PTE. LTD
02	CropData IFSC Private Limited
03	DPA Smartcloud IFSC Private Limited
04	Edgeverve Systems Limited
05	Gieom Business Solutions Private Limited
06	Qkrishi Quantum Private Limited
07	Qulabz Inc
08	Signzy Technologies Private Limited
09	TSS CONSULTANCY PRIVATE LIMITED
10	Umbo Idtech Private Limited

Upcoming Companies In Gift City Gandhinagar 2024 : Importance

Why all the hype? Well, these upcoming companies are the lifeblood of Gift City, driving innovation, fostering economic growth, and creating abundant opportunities for professionals and entrepreneurs alike. From finance to technology, manufacturing to services, these companies represent the diverse sectors that are converging to make Gift City a powerhouse of progress.

GIFT CITY Empowered: Government Grants Liquor Licenses to Drive Development

Recognizing the potential of Gift City, the Gujarat government has issued two licenses, allowing for the consumption of liquor within the city. The Gift City Club secured the first license for serving liquor, and the Grand Mercury Hotel obtained the second license.

Promoting Social Life and International Collaboration: Liquor Allowance Ahead of Vibrant Gujarat Summit

In a strategic move to enhance the social experiences of expatriates and contribute to the overall development of Gift City, the government announced the allowance of liquor consumption ahead of the Vibrant Gujarat summit. This decision not only fosters a more vibrant social environment but also enables authorized outside visitors to share in the experience, promoting collaboration and camaraderie within Gift City.

Upcoming Companies In Gift City Gandhinagar 2024 : Purpose

In this comprehensive outline, we’ll take you on a journey through the various facets of Gift City Gandhinagar, from its inception to its future prospects. We’ll explore the key features of Gift City, the factors fueling its growth, the companies making waves within its boundaries, emerging trends and opportunities, challenges on the horizon, and, of course, the promising outlook that lies ahead. So buckle up and get ready to discover the beating heart of India’s economic revolution!

Overview of Gift City Gandhinagar

Let’s start with the basics. Gift City Gandhinagar isn’t just your run-of-the-mill business district—it’s a visionary concept that’s reshaping the way we think about urban development and economic zones. Established in 2011, Gift City has quickly emerged as a beacon of progress, drawing in investors, businesses, and talent from around the world.

Upcoming Companies In Gift City Gandhinagar 2024 : History and background

Gift City’s journey began with a bold vision to create a global financial and technological hub right here in India. Conceived as a collaborative effort between the Government of Gujarat and private stakeholders, the project gained momentum with the establishment of its regulatory framework and infrastructure.

Upcoming Companies In Gift City Gandhinagar 2024 : Key features and infrastructure

What sets Gift City apart from other urban centers? It’s all about the infrastructure. From state-of-the-art office spaces to world-class amenities, Gift City offers a conducive environment for businesses to thrive. Add to that its robust connectivity, seamless integration with global markets, and futuristic design, and you’ve got a recipe for success.

Upcoming Companies In Gift City Gandhinagar 2024 : Regulatory framework

Now, let’s talk regulations. Gift City operates within a well-defined regulatory framework that’s designed to foster innovation while ensuring compliance and transparency. With streamlined processes and a business-friendly environment, Gift City makes it easy for companies to set up shop and focus on what they do best: driving growth and creating value.

Big Names, Big Moves: International Players Setting Sail for Gift City

Mark your calendars, globetrotters! International companies are flocking to Gift City like bees to honey. We’re talking heavyweights from Singapore, Japan, Australia, Thailand, and even the USA.

Imagine collaborating with the brightest minds from across the globe, all under one roof! Plus, with relaxed regulations and tax benefits, setting up shop in Gift City is like having the wind at your back.

Think universities like Deakin and Wollongong from Australia bringing their top-notch education to your doorstep. Or picture Wipro, the Indian tech giant, launching its FinTech operations right here! The possibilities are endless, and they’re just getting started.

Homegrown Heroes: Indian Startups Stealing the Spotlight 🇮🇳

But wait, there’s more! Indian startups are taking center stage in Gift City too. These innovative powerhouses are pushing boundaries and redefining industries.

From FinTech companies revolutionizing financial services to cutting-edge IT startups tackling real-world challenges, these homegrown heroes are the future, and they’re right here in Gift City.

Picture yourself working alongside these passionate go-getters, brainstorming ideas that could change the world. The energy here is electric, and it’s contagious!

Your Dream Career Awaits: Unleash Your Potential in Gift City ‍

So, are you ready to ditch the ordinary and dive into the extraordinary? Gift City is calling, and it’s offering:

• Exciting career opportunities: With so many new companies coming in, there’s a job waiting for every skill and ambition.
• A vibrant community: Network with brilliant minds, collaborate with international peers, and be part of something bigger than yourself.
• World-class infrastructure: Enjoy cutting-edge facilities, stunning architecture, and a sustainable city that’s a pleasure to live and work in.

This is your chance to be a pioneer, a trailblazer in a city that’s redefining the future. Don’t wait for the opportunity to find you – grab it by the horns and make Gift City your launchpad to success!

FAQ