Article

GIFT City to be the gateway for India’s vision to become developed nation by 2047

July 29, 2025 9 min read
author Anamika Mishra, Sub Editor
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"The vision is to create a world-class finance and IT zone for India to provide services not only to India but to the entire world."- Shri Narendra Modi, Prime Minister of India As India marches confidently towards its centenary of independence in 2047, the vision of transforming into a developed nation is no longer a distant dream, but an unfolding reality. At the heart of this transformation lies a bold and innovative urban experiment GIFT City, or Gujarat International Finance Tec-City. Positioned as India’s first operational smart city and international financial services centre (IFSC), GIFT City is more than just a physical space; it is a symbol of India’s economic aspirations and global ambitions. A Vision Rooted in Economic Reforms The idea of GIFT City was born in 2007, a period when India was riding the wave of economic liberalisation. Recognising the need for a global financial hub within the country, then Chief Minister of

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