India’s IFSC Authority to be headquartered in Gandhinagar

Gandhinagar: Government of India through a gazette notification announced that the International Financial Services Centres Authority will be headquartered in Gandhinagar, Gujarat.

Please find attached the gazette notification (pdf) for your reference.

Also appended below is quote of Tapan Ray, MD & Group CEO, GIFT City welcoming this development.

“We welcome Government of India’s decision to set up the IFSC Authority headquarters at Gandhinagar Gujarat. This will provide a single window regulatory institution which would accelerate the development of India’s first IFSC at GIFT City, Gandhinagar. Both national and international institutions dealing with international financial services would utilize the IFSC platform for inbound and outbound investments with improved ease of doing business, thereby making GIFT IFSC a global financial hub.”