AHMEDABAD: A delegation comprising representatives from BRICS nations visited GIFT City here on Friday and were provided with an overview of India’s evolving International Financial Services Centre (IFSC) ecosystem as well as growing opportunities in cross-border finance, fintech, trade and global business services, an official said.
GIFT City currently hosts over 1,130 entities across sectors including banking, capital markets, fund management, insurance, leasing and fintech, with banking assets crossing USD 106 billion and fund management commitments exceeding USD 32 billion.
The visit assumes significance as India holds the BRICS Chairship for 2026 under the theme ‘Building for Resilience, Innovation, Cooperation and Sustainability’. India is also set to host the 18th BRICS Summit and related ministerial engagements during the year.
