GIFT City Connect Engages Pune Industry on Global Finance, Treasury and Business Expansion

Pune: As part of its ongoing GIFT City Industry Connect (GCIC) initiative across India’s leading economic centres, GIFT City engaged with business leaders in Pune today to deepen collaboration with one of the country’s most globally connected industrial ecosystems, a press release said.

The discussions explored how GIFT City’s internationally benchmarked regulatory and financial ecosystem can complement Pune’s industrial strengths by enabling companies to manage global treasury operations, raise international capital, undertake overseas investments, establish Corporate Treasury Centres and access specialised financial services, all while remaining headquartered and creating value in India, a press release said.

Speaking on the occasion, Sanjay Kaul, Managing Director & Group CEO, GIFT City, “The success of India’s economic transformation will not be measured only by the number of factories we build or the products we export. It will also be measured by whether Indian enterprises have access to financial infrastructure that matches their global ambitions.”

He further added, “Cities such as Pune have created globally competitive capabilities in manufacturing, engineering, technology and innovation. GIFT City is designed to complement these strengths by providing globally benchmarked financial infrastructure. Together, they create a powerful combination—world-class industrial capability supported by world-class international finance.”

Mr. Kaul said, “Our objective is not to shift businesses from Pune to GIFT City. Manufacturing, research, innovation and talent belong where they have naturally flourished. Our role is different. We want GIFT City to become the financial gateway through which these enterprises access global capital, manage international treasury, structure overseas investments and compete more effectively in international markets.”

He further shared, “The larger vision is to build an integrated national economic architecture. India’s great industrial and technology clusters should remain engines of production and innovation, while GIFT City serves as the financial backbone that connects them seamlessly with global capital and international markets. That is how India can create globally competitive enterprises while ensuring value creation remains anchored within the country.”  DeshGujarat