GIFT City Expands Business Segments and Investment Amid Tax Certainty Focus

GIFT City has expanded from three business segments in 2020 to around 35 today, attracting over USD 70 billion in investments, including USD 56 billion in external commercial borrowings and funds in Alternative Investment Funds. Its global ranking among financial hubs improved from 92 in 2021 to 43 in 2025. The International Financial Services Centres Authority (IFSCA) chairman highlighted that tax certainty is key to attracting larger investors and patient capital, supporting continued growth and new business activities like reinsurance and aircraft leasing.