Topic Details (Notes format)

Gujarat International Finance Tech (GIFT) City Expansion

Subject: Current Affairs

Description

GIFT City in Gujarat continued its expansion in 2023 as a hub for finance and technology. Details: New office spaces and regulatory reforms were announced on the GIFT City portal, aimed at attracting international investments. Previous UPSC Q (2018): "What are the objectives of GIFT City?"

Summary

GIFT City expansion reinforces India’s position as a global financial hub.