GIFT City/GIFT SEZ Technology & GIC Zone
GIFT SEZ Technology & GIC Zone, a key commercial destination in GIFT City
The GIFT SEZ Technology Zone is the services export and technology layer of the GIFT City SEZ, the part of the 261-acre Special Economic Zone designed for IT/ITeS companies, Global In-House Centres (GICs) of financial services groups, fintech firms, and technology companies serving international clients. Unlike the IFSC's pure financial services focus, the Technology Zone within the SEZ is open to any service company maintaining a net positive foreign currency inflow, making it the ideal address for global technology delivery centres and GICs that want both SEZ export benefits and physical p
SEZ
Grade A IT Parks / SEZ Campus Lease
Managed Office
Managed Offices
Co-working
Coworking Spaces
SEZ
SEZ / Tax Incentives
Grade A
Grade A & ESG Assets
| Connection | Details | Distance |
|---|---|---|
| Metric | Detail | |
| Zone Type | SEZ (Non-IFSC portion), Services Export Zone for IT/ITeS, GICs | |
| GIC Framework | IFSCA (Global In-House Centres) Regulations 2025, updated framework enabling multiple operating models | |
| Key Tenants | TCS, Infosys, Wipro, HCL Technologies, Cognizant, Capgemini, Bank of America GIC, JP Morgan GIC, Morgan Stanley GIC | |
| SEZ Vacancy | ~1.46% (JLL India, 2024), among the tightest Grade A vacancies in India | |
| Annual Net Absorption | 0.5 million sq ft (SEZ zone, 2024) | |
| Metro Access | GIFT City Station (Violet Line), directly within the SEZ perimeter | |
| Airport | Sardar Vallabhbhai Patel International Airport, ~12 km | |
| Sector | Description of Presence | |
| IT Services & Consulting | TCS, Infosys, Wipro, Capgemini, Cognizant, HCL, major BFSI-focused delivery centres using GIFT City's dual IT/financial services positioning | |
| Global Capability Centres (GICs) | IFSCA (Global In-House Centres) Regulations 2025 (effective December 29, 2025) enable financial services GICs with foreign currency operations and IFSC tax benefits; key changes: removed 20% cap on relocated employees; expanded definition of "Financial Institution Groups" to include more third-party providers; co-delivery models permitted; fastest-growing occupier segment | |
| FinTech | 35 registered fintech entities; IFSCA Sandbox enables testing of AI trading, digital banking, blockchain, and payment infrastructure | |
| Engineering & Energy Tech | Technip Energies' fourth Indian operating centre (GIFT City, February 2025, ~300 employees) signals the city's appeal beyond pure finance, global engineering companies serving energy clients from an export-friendly IFSC jurisdiction | |
| AI & Deep Tech | IFSCA AI Centre of Excellence; IIT Gandhinagar and PDPU talent pipeline driving AI adoption across GIFT City's financial and technology companies |
Metric
Detail
Zone Type
SEZ (Non-IFSC portion), Services Export Zone for IT/ITeS, GICs
GIC Framework
IFSCA (Global In-House Centres) Regulations 2025, updated framework enabling multiple operating models
Key Tenants
TCS, Infosys, Wipro, HCL Technologies, Cognizant, Capgemini, Bank of America GIC, JP Morgan GIC, Morgan Stanley GIC
SEZ Vacancy
~1.46% (JLL India, 2024), among the tightest Grade A vacancies in India
Annual Net Absorption
0.5 million sq ft (SEZ zone, 2024)
Metro Access
GIFT City Station (Violet Line), directly within the SEZ perimeter
Airport
Sardar Vallabhbhai Patel International Airport, ~12 km
IT Services & Consulting
TCS, Infosys, Wipro, Capgemini, Cognizant, HCL, major BFSI-focused delivery centres using GIFT City's dual IT/financial services positioning
Global Capability Centres (GICs)
IFSCA (Global In-House Centres) Regulations 2025 (effective December 29, 2025) enable financial services GICs with foreign currency operations and IFSC tax benefits; key changes: removed 20% cap on relocated employees; expanded definition of "Financial Institution Groups" to include more third-party providers; co-delivery models permitted; fastest-growing occupier segment
FinTech
35 registered fintech entities; IFSCA Sandbox enables testing of AI trading, digital banking, blockchain, and payment infrastructure
Engineering & Energy Tech
Technip Energies' fourth Indian operating centre (GIFT City, February 2025, ~300 employees) signals the city's appeal beyond pure finance, global engineering companies serving energy clients from an export-friendly IFSC jurisdiction
AI & Deep Tech
IFSCA AI Centre of Excellence; IIT Gandhinagar and PDPU talent pipeline driving AI adoption across GIFT City's financial and technology companies
Tata Consultancy Services (GIFT Tower 2, floors 8/10/11/12), Infosys (PRAGYA-2, floors 14-17; TechFin Hub inaugurated June 2025), Wipro (TechFin Hub), HCL Technologies, Capgemini, Cognizant
Bank of America GIC, JP Morgan GIC, Morgan Stanley GIC (technology and analytics support centres for their respective IFSC banking units), multiple financial services GICs under IFSCA GIC Regulations
Technip Energies (FintechOne Tower, operational February 14, 2025, inaugurated as the company's fourth Indian operating centre; ~300 employees planned)
35 fintech entities registered at GIFT IFSC; AI, blockchain, and digital payments companies in the regulatory sandbox
Same as GIFT IFSC: 100% corporate income tax exemption for 10 out of 15 years, 0% GST, 0% customs duty, 0% STT/CTT, applicable to all IFSC-registered SEZ units including GICs and IT/ITeS companies with net positive foreign currency inflow. Gujarat GCC Policy 2025–30: additional state-level incentives for GCCs including capital expenditure support (25% of capex up to ₹500 million for IT City/data centre/R&D uses), stamp duty concessions, and talent development subsidies.
GIFT City holds IGBC Platinum Green Cities rating. All SEZ commercial towers are built to international Grade A standards with district cooling, dual-grid power, AWCS, and Tier IV data centre access. PRAGYA-2 equipped with India's first district cooling system in a commercial building.
Dual-grid power with 99.9% guaranteed uptime. Ring-architecture fibre. Tier IV data centre. 24x7 operations standard for SEZ units.