Investments worth Rs 105 billion committed at GIFT City, says Ajay Pandey

With 15 million square feet (sq ft) of the total 62 million sq ft developable area already allotted for development, the Gujarat International Finance Tec-City (GIFT City) has seen investments commitments worth Rs 105 billion so far.

According to Ajay Pandey, MD & Group CEO, GIFT City, already 162 business units are operational at the finance hub, of which 40 are in domestic area while rest are in the special economic zone (SEZ) that houses India's first International Financial Services Centre (IFSC).

According to Pandey, employment in the project has also risen to over 7800, of which roughly 4800 are directly employed.

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