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GIFT City Enters Global Top 40 Financial Centres
GIFT City is an important finance and technology hub in India.
A global report ranked it 37th among 115 financial centres.
This was nine places higher than its previous ranking.
GIFT City is also now one of the top 15 financial centres in the Asia-Pacific region.
It is the only Indian centre in that group.
Its ranking for financial technology, or FinTech, also improved to 26th worldwide.
The report looks at things such as skilled workers, technology infrastructure, rules, innovation and access to money.
These improvements show that GIFT City performed better in the areas measured by the report.
GIFT City rose nine places to rank 37th in the Global Financial Centres Index 40.
It moved up from 46th in the previous edition, GFCI 39.
GIFT City is now among the Asia-Pacific region’s top 15 financial centres.
It is the only Indian centre included in that Asia-Pacific group.
Its global FinTech ranking improved three places to 26th from 29th.
- Who
- GIFT City, India’s global finance-tech hub.
- What
- GIFT City advanced to 37th in the Global Financial Centres Index and to 26th in its FinTech ranking.
- Where
- Gandhinagar, India, and the Asia-Pacific financial-centre rankings.
- When
- The latest ranking was announced on Thursday; the report is the 40th edition.
- Why
- The index assesses factors including innovation support, access to finance, skilled talent, regulation and ICT infrastructure.
Key facts
- Overall ranking
- 37th globally in GFCI 40
- Previous overall ranking
- 46th in GFCI 39
- Overall movement
- Up nine places
- Asia-Pacific position
- Among the region’s top 15 financial centres
- Indian representation
- The only Indian centre in the Asia-Pacific top 15
- FinTech ranking
- 26th globally, up from 29th
- Centres assessed
- 115 financial centres










