Gujarat International Finance Tech City has made a lot of progress in the new version of the Global Financial Centers Index (GFCI 37). Gift City has been ranked 52nd with 46th place, and has now become India's only financial center to be ranked among the top 50 financial centers.
According to the report, Gift City has secured first place in the Reputational Advantage, while Fintech has reached 40th in the rankings by 45th. As such, Gift City has been able to make it to the top 15 financial centers of the Asia-Pacific Region.
This whole success is a symbol of Gift City's global reputation and confidence of investors. The progress of Gift City in the field of FinTech strengthens its increasing importance in the field and its identity as a new hub. In addition, its top position in the Reputational Advantage is the basis of a business-friendly environment, strong regulatory structure and advanced infrastructure worldwide.
Gift City Managing Director and Group CEO Tapan Ray said, “The continued success of Gift City in the GFCI ranking shows the important progress of the Indian finance sector. Improvement of FinTech, the top spot in the Reputational Advantage, and the overall strong performance gift city.”
According to the GFCI 37 report, global financial centers were valued on many parameters such as business environment, infrastructure, human resources, financial development and competitiveness. This good result and strong performance of the Gift City, which is increasing its influence in the Asia-Pacific Region.
“The steady development of Gift City and strong business environment strengthens its position as a financial center in the Asia-Pacific Region,” said Z/Yen Group CEO Mike Wardley.
In the GFCI 37 report, 133 Financial Centers were valued, with 119 in the Maine Index. It restores its ambition as Gift City as a financial hub and its ambition as a global financial destination.
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