City
Epaper

GIFT City key to India’s global fintech vision: Narayana Murthy

By IANS | Updated: June 27, 2025 21:48 IST

Ahmedabad, June 27 Infosys founder N.R. Narayana Murthy on Friday visited the Gujarat International Finance Tec-City (GIFT City), ...

Open in App

Ahmedabad, June 27 Infosys founder N.R. Narayana Murthy on Friday visited the Gujarat International Finance Tec-City (GIFT City), where he praised the remarkable progress and world-class infrastructure that is helping position GIFT City as a global hub for financial and technology services, especially fintech innovation.

Impressed by the growing presence of international companies and the pace of development, Murthy said that such efforts are vital to building GIFT City into a global centre for financial technology and innovation.

He also offered suggestions to further enhance the ecosystem, highlighting the need to foster innovation and build stronger partnerships between academia and industry.

During his visit, Murthy held a detailed meeting with GIFT City Chairman Dr. Hasmukh Adhia, Managing Director and Group CEO Tapan Ray, and International Financial Services Centres Authority (IFSCA) Chairman K. Rajaraman.

The officials briefed him on the various initiatives and ongoing developments at GIFT City.

Additionally, Murthy interacted with students from Jamnabai Narsee School, Deakin University, and the University of Wollongong during his visit.

He motivated them to dream big, work hard, and aim for excellence in their careers, inspiring the young minds present at the event.

Infosys, the company founded by Murthy, has recently launched a new development centre at GIFT City.

Inaugurated on June 7, this facility is designed for over 1,000 employees working in a hybrid model.

The centre will serve as a key TechFin hub for global BFSI clients, offering digital solutions in areas such as banking, capital markets, trade finance, cards and payments, and risk and compliance management.

Meanwhile, earlier this year, GIFT City announced that it has made significant progress in the latest Global Financial Centres Index (GFCI 37), achieving improvements across multiple categories.

Notably, it secured the top position in the ‘Reputational Advantage’ category.

GIFT City also climbed five spots in the FinTech ranking, moving from 45th to 40th place, and improved its overall global ranking from 52nd to 46th.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessSaanidhya Care Foundation: Transforming Lives and Communities Across India

BusinessBoost Ads Becomes an Official Google Partner - India's Leading Google Ads Agency Delivering Real Results in Google Ads Campaign Management

BusinessGarima Bhoria and CSD's film GHUNGHROO trending on WAVES OTT, right between AMITABH BACHCHAN's 'Ek Mulakat' and SRK's FAUJI

BusinessWARF (World Academia Ranking Framework) released ranking of Top Government and private engineering colleges in India

BusinessSekyo Launches First Kids Watch Phone with Safety & AI Learning for Kids & Women, Reinventing Safety, Learning & Connectivity

Business Realted Stories

BusinessPriyanka Sharma Launches “ScrollControl” Initiative at ISAC CopConnect Round Table on Cyber Resilience

BusinessIndiaAI Mission, WHO to spotlight AI applications in health systems

BusinessIndia Needs Community-Driven Approach To Tackle Adolescent Health Challenges: Experts"

BusinessHSNC University's D. M. Harish School of Law Clinches the First Prize at Nyay! Drama Festival 2025

BusinessOtter Controls India Unveils USD 4.5 Million Manufacturing Facility in Pune, Creating 1,000 New Jobs and Boosting Production Capacity by 75 percent