Leading organisations from Austria, Germany, and Switzerland have expressed strong interest in exploring business opportunities in Gujarat International Finance Tec-City (GIFT City), during a high-level roadshow in Austria and Germany led by Sanjay Kaul, Managing Director and Group CEO, last week, an official press release stated.As per the official statement, the visit marked a significant stride in deepening GIFT City’s global engagement and positioning it as a preferred destination for financial services, Global Capability Centres (GCCs), and R&D-driven innovation. Institutions across both Germany and Austria have expressed keen interest in leveraging GIFT City’s status as an IFSC, its progressive regulatory framework, policy incentives, and skilled workforce to establish Centres of Excellence, Global In-House Centres, R&D facilities, and treasury and risk management functions.

The GIFT City delegation held strategic discussions with senior executives from Infineon Technologies, Siemens Financial Services, Allianz Partners, Munich Re, Mutares SE & Co. KGaA, Knorr-Bremse, and Start2 Group, among others.