Gandhinagar, March 26, 2025 – Gujarat International Finance Tec-City (GIFT City) has achieved significant progress in the latest edition of the Global Financial Centres Index (GFCI 37), securing the top rank in the ‘Reputational Advantage’ category.
GIFT City also improved its overall ranking from 52nd to 46th globally and climbed from 45th to 40th in the FinTech ranking, reinforcing its position as a key emerging international financial centre. Additionally, it retained its spot among the top 15 financial hubs in the Asia-Pacific region.
Global Recognition for India’s First Smart City
“GIFT City’s continued rise in the GFCI rankings is a reflection of India’s growing influence in global finance. Our top ranking in Reputational Advantage, significant improvement in FinTech, and strong overall performance demonstrate the confidence of global investors and businesses in GIFT City,” said Tapan Ray, Managing Director and Group CEO of GIFT City.
He added, “We remain committed to enhancing ease of doing business, infrastructure, regulatory framework, and talent ecosystem to position GIFT City as a leading international financial hub.”
GFCI 37: A Benchmark for Global Financial Centres
The Global Financial Centres Index (GFCI), compiled by Z/Yen Group, evaluates 133 financial centres worldwide, with 119 making it to the main index. The assessment is based on 140 instrumental factors sourced from third-party organizations like the World Bank, OECD, and the United Nations.
These factors evaluate financial centres on key parameters such as business environment, infrastructure, human capital, financial sector development, and overall competitiveness.
GIFT City: A Key Player in the Asia-Pacific Region
“GIFT City continues to progress as an international financial centre, particularly excelling in its business environment and benefiting from the ongoing growth of trade in the Asia-Pacific region,” said Mike Wardle, CEO of Z/Yen Group.
With its steady rise in global rankings and increasing investor confidence, GIFT City is cementing its status as a premier global financial hub, driving financial innovation and strengthening India’s position in international finance.
