Gujarat International Finance Tec City

A Global Financial Hub

THE VISION

The vision of Gujarat would be incomplete without

capitalizing on the in-house financial business acumen.

To tie up with technology, to create a hub complete with

infrastructure, meet the needs of modern Gujarat, modern
India and to create a space in the global financial
worldthat is my dream.

Shri Narendra Modi

Honble Prime Minister of India

Need of Global Financial Hub in India

Significant Potential:

Financial Services Sector transformed over the last decade

Sector contributes significantly to the Indian economy

Employs over 4 million people and likely to grow around 10-11 million by 2020

Represents around 5% of the GDP and will grow to 15% by 2020

Estimated market capitalisation of over US$ 300 billion and likely to grow over

US$ 1600 billion by 2020

Offers distinct kinds of opportunities across several product markets

Given India's continued economic growth, the financial sector will grow
increasingly larger, with a prospect of 10 to 11 million jobs by 2020.

Financial Services Centres Contribution

Financial Hubs

Source: IFSL; UK

Share Of GDP

Jobs Share

London

5.2

New York

10

5.4

Hong Kong

13

5.5

Singapore

12

5.2

Zurich

10

4.0

Franfurt

5.0

Sydney

4.0

Tokyo

20

10.0

Dubai

11

N/A

Channel Islands

60

30.0

Luxemburg

30

10.0

% share

Financial Services Will Continue To Contribute

Significantly To The Indian Economy
No. of Jobs
(Thousands)
Core Financial
Services

Capital Markets
& Trading

IT for Financial
Services

ITeS/ BPO for

Financial
Services

2,750-2,900
7,400-7,600

4-5

240-250

175-225
750-850

2020

1,150-1,250

65-75

14-18

2,000-2,200

175-190

6-7

8-10

500-600

Market Capitalisation
(USD Billion)

30-35

0 -1

19-20

Total

2007

Value add to GDP

(USD Billion)

100-120
3-4
25-35

80-90
300-375
11-16
100-150

3,500-3,700

50-75

275-325

10,000-11,000

375-425

1,600-1,800
Source: McKinsey & Company

*Value Add defined as PAT + operating expenses;

**Includes Institutional equities, investment banking, private equity and hedge funds; does not include retail brokerage which
has a potential of 1 million jobs by 2020

India Desperately Needs New Cities

Which Can Thrive On Sustainable Sectors
CONSTRAINTS

OPPORTUNITY

India is a great
Growth Story
with

But is stifled with

problem of

Strong Urbanization
Trends
TOP OF THE MIND SECTORS

Auto Ancillaries
Textiles
Gems & Jewellery
Manufacturing
Financial Services
IT/ ITES
BPO/ KPO

The sector could provide a

potential 10 to 11 million jobs
About 800 million sq. ft. office
space
GDP contribution at rates of 15 to
20 %

Infrastructure
Bottlenecks

Innovative way to
overcome these
constraints

Crumbling Urban
Infrastructure

SOLUTION
Setting up Self - sustaining Cities
Which are

Driven by High Growth Sectors

Which are
expected to

Witness growth of at least 10% in next 10 years

Have potential to earn both domestic as well as
international income
Have potential to attract and retain talented
people

Why Gujarat?

GUJARATS STRENGTHS

Traditional business community

High growth economy-- >10 % over last five years
Pool of trained manpower
CAs
Commerce graduates
Active Capital Markets-- >Gujarat contributes 30% of stock market capitalisation
Proactive Government
43% urban population envisioned to be 50% by 2015

KEY COMPETITIVE FACTOR

People - Gujarat has an adequate employable pool and offers high potential for
inward migration
Business Environment - Gujarat has demonstrated successfully its forte of providing
conducive business environment
General Competitiveness - Overall, the state stands tall

GIFT: A Global Financial Hub

Globally benchmarked
International Finance Centre

Strategically located

Central business hub

0.5 Mn direct & 0.5 Mn indirect jobs

Targeting Financial Services &

IT/ITeS sectors

First of its kind development in

scale, scope and quality

State-of-the-art infrastructure

Defined Positioning of GIFT

The Concept
GIFT is being developed to Catalyse Indias Largest
Financial Services Potential By Offering World-class
Infrastructure To Attract Top Talent In The Country

Core Financial
Services

Creation of
1 million direct
& indirect jobs

Up to 84 million sq.
ft. of real estate
office and
residential space

GIFTs Target Business Segments

Financial services
operations

1. National Financial services operations hub

Financial services
corporate centre

2. Regional/functional headquarters for financial services players

3. International Hub for Insurance & Reinsurance

Select product
markets
Capital Markets
and Trading

Source: McKinsey Analysis

To target 8-10%
of financial
services
potential in India

4. Private Banking hub for NRIs/ Regional HNWs

5. International microfinance hub
6. International commodity trade hub
7. Participation in global capital markets

IT Services

8. Global Hub for IT services for Financial services sector

ITeS/BPO Services

9. Global Hub for BPO services for Financial services sector

GIFT : Value Propositions

Gujarat:
Ideal
Destination
Strong
Promoters /
PPP

Aesthetics

Global
Benchmarking

GIFT

Integrated
Development

Defined
Positioning

Strategic
Location
Partners in
Progress

GIFT an Integrated Urban Development

Smart Business Environment:

Benchmark office, high-rise district
with landmark buildings
Technology:

Integrated Residential
Development:
Well-planned residential housing
projects
Walk-to-work

Social Infrastructure:
Educational Institutes
International and Domestic
schools
State of the Art Hospital
Training School
5 star Hotels and Business Club

PROACTIVE
URBAN
GOVERNANCE

Overall Connectivity/
Transport:
External Connectivity includes
MRTS / BRTS/ Roads
Public-Private Modal Split 90:10

Broadband FTTP
WiFi / Wimax
Shared IT Services
Global Connectivity

Smart Infrastructure:
Uninterrupted and highly
reliable power supply
(99.999%)
Next generation water &
waste management,
district cooling

Retail Cum Entertainment Hubs:

High quality entertainment malls
Large river front entertainment development
Over 60% of the green Space

Global Benchmarking

Paris (La
Defense)

Tokyo (Shinjuku)

London
(Dockyards)

GIFT

Pudong
(Lujiazui)

Paris
(La Defense)

Tokyo
(Shinjuku)

Land Area (sq km)

1.6

1.6

1.05

1.7

3.58

Construction Scale (in mn sq m)

2.5

1.6

1.1

4.5

8.5

40

120

50

363

1183

200

250

250

490

410

Greenbelt (in thousand sq m)

Height (m)

London
(Dockyards)

Pudong
(Lujiazui)

GIFT

Source: ECADI/Fairwood Consultants

In terms of scale and sheer physical scope, GIFT is being designed to be at or above par with
presently acknowledged globally benchmarked International Financial Centers (IFCs)

Strategic Location - India / Gujarat

Delhi

DMIC

Mumbai

Centrally located in the state of

Gujarat in Gandhinagar
12km From Ahmedabad
International Airport
On the bank of River Sabarmati

Master Plan Area : GIFT Will Spur Development

In The Region

Integrated
Townships

GIFT
Expansion
Zone
GIFT

Knowledge City

GIDC CONVENTION
CENTRE

RIVER FRONT
DEVELOPMENT

GIFT : A Single Window Clearance

GIFT Urban Development Authority (GIFTUDA) constituted for well planned urban development of the
area.

GIFT Notified Committee - constituted for the better

management at city level.

GIFT has power distribution license for GIFT Area

GIFT: Bird Eye View

GIFT Project

GIFT Business Structure

Multi Service SEZ with IFSC
Status

Domestic
Finance Centre/ Corporate Office/
Trade Centre

Associated Infrastructure, Housing

and
Social Facilities

IFSC in India
Govt. of India approved GIFT Multi Services SEZ as an
International Finance Services Centre.
GIFT is the only approved IFSC in India.

Activities in GIFT IFSC

1: Offshore Banking

Foreign Currency Lending

Taking of Deposits
Issue of Securities
Over the Counter (OTC)
Trading in Derivatives for
Risk Management and
speculative purposes
Venture Capital

2: Corporate
Treasury
Management
Managing Foreign
Exchange Transactions
Hedging Operations
Raising and Investing of
Cost

3: Fund Custody,
Administration and
Custody
Custody of Corporate
Funds
Trust Companies
Asset Management
Hedge funds
Investment Counsellors
and Portfolio Managers

4: Securities
Trading
Regional
financial
exchange
Securities Trading
Futures and Options
Trading
Commodities Trading

5: Insurance, Assurance
and Reinsurance
Life and Non-Life
Insurance business
Assurance Companies
Captive Insurance
Reinsurance and related
operations

6: Others
International Business Companies
Back office operations
Ship Management & Maritime
Operations
Export Finance Companies
Companies involved in Lending
activities, Trade finance activities,
International Leasing, Foreign
Exchange dealers, International
factoring
Representative offices
Money Changers and brokers

Multi Service SEZ - Processing Area &

Non Processing

PROCESSING AREA

NON-PROCESSING AREA

International Financial Service

Related Commercial and Office Buildings

Centre (IFSC)

Service Apartments & Residential Flats

International Techno Park &

Hostels and Restaurants and Food Court

International Market Zone

Business Hotel, Shopping Centre, Retail

Commodity Exchanges

Global trading exchanges

Training center for Financial Services

Insurance

Medical Centre

Offshore Banking

Entertainment Centre/ Theatre

IT/ ITeS

Post Office, Telephone Exchange, Police

KPO/ BPO services

Data Centre

Stores and Banks

Station, Security, etc.

Regulators Offices

Enclaves And Social Facilities

ENCLAVES

Domestic & International Banking

and Insurance Enclave

Domestic & International

Technology Enclave

Domestic & International Exchange

Enclave

SOCIAL FACILITIES

Domestic & International Corporate

Enclave

Diamond Tower

World Trade Center

Schools (International and CBSE)

Training Centre (Language School)

Clubs

Hotels

Convention Centre

Exhibition Centre

Hospital

Low Income Housing

GIFT: Master Plan

Bapasitaram
Junction

Existing
Shahpur Bridge

BUA

: 62 mn.sq.ft.

Additional 22 Million to be developed after

removal of height restriction by AAI
Tier-IV Data
Centre

Access Road

Commercial : 67% (42 Mn SqFt)

CBSC &
International
Schools

Residential : 22% (14 Mn SqFt)

Hospital

Social

GIFT TWO
GIFT ONE
Tapas Udyan
Processing area
Udyan Path SEZ
Diamond
Tower
Non-Processing area
Metro Stations SEZ
Samruddhi
Sarovar
GIC-Business Club
WTC
Insurance
Training Centre

Building Use

Bridge under
Construction

: 11% (6 Mn SqFt)

GIFT Smart Infrastructure Physical

Integrated infrastructure for better diversity
Smart Technology ensuring energy conservation

All utilities /services to be coordinated through single agency

INFRASTRUCTURE FACILITIES/

SERVICES
o Roads and Transportation
o Water Systems
o ICT
o Power Generation and Distribution
o District Cooling System
o Domestic Gas Distribution
o Waste Management Systems
o Landscaping

Smart City Infrastructure connected to central facility

Smart Transport
Smart Urban
Infrastructure
o
o
o
o
o
o
o
o

Water Systems
Power
ICT System
District Cooling
Domestic Gas
Waste Management
Fire Fighting
Utility Tunnel

Smart Buildings
o
o
o
o
o

Offices
Home
Hotel
School
Hospital

o
o
o
o
o

Traffic Mgmt
Parking
Area Traffic Control
Road Condition System
Real Time Travel Response

City
Command
and Control
Centre (C4)

Smart Streets
o Digital Signage
o Streetscape

Smart
Landscape
o Irrigation
System

Smart Desks
Smart City
Security and
Surveillance

o City Information
o Facilitation Centers

External Transportation
Grid of six Arterial Roads
(Connecting to various areas of
Ahmedabad and Gandhinagar)
Metro Rail Transport System
(MRTS) to GIFT

Gandhinagar

Bus Rapid Transit System (BRTS)

to GIFT

GIFT

Ahmedabad

Airport

External Road Connectivity

BY GOG
Existing Bridge
Road -ID
Towards
Ratanpur

Road -IA

Road -IB
NH-8

Southern Bridge

GIFT- A Transit Oriented Development

Major Internal Transport Corridor
Major Roads
Arterial Road
Sub-Arterial Roads
MRTS corridor

Walkability
through travellators

500 mtrs

Walkability
through travellators

Elevated Walkways

Multi Level Parking (MLP)

MLP-2
MLP-3
MLP-1

MLP-12

MLP-4

MLP-11
MLP-10
MLP-5
MLP-9
GIFTs

MLP-8

MLP-6

MLP-7

GIFT
MLP-2
E-1

Total Parking Requirement of GIFT City- 1.2 lakhs ECS

No. of Car Parking in MLP 60,000 car parks

MLP-2

SMART Transportation

Interactive road maps

Automatic vehicle location

and tracking

Road condition system

Transit Node Management

Real Time Travel Response

Parking Management
GIFT

GIFT- Road 8C

Ridership analysis

Accident reporting

Vehicle emission monitoring

Safety management

MLP-I
MLP-II

MLP-IV

MLP-III

MLP-V

Asset Management

Water Infrastructure
Raw Water
from Narmada
Canal

Water with
sludge

Reservoir

STP

SMART Water Infrastructure

Utility Monitoring

Waste
Water

Makeup for
Water Bodies

WTP
Filtered
Water

RO Plant
Waste
Water

Waste
Water

Domestic
Uses
Waste
Water

Horticulture

Softening
Plant

Cooling Tower

Metering

Flushing Tower

Quality Water- can be drunk

Leak
Detection

from any tap

Storage of surface run-off &
rain water
Approach towards making
the project water neutral
Drink from Any Tap

Controllers

District Cooling System

Total Cooling Load - 2,70,000 TR

Efficiency through economies of scale

Reduces energy costs

DCS Control Centre- Smart Infrastructure

Reduces maintenance costs

Improves air quality and temperature
Reduces noise and vibration

Simulation of cooling/energy
requirements

control

Monitoring District Cooling Plant System

Analyze interface with distribution/usage

for both the supply and return elements

Conventional AC System not required

Evaluation of extensive economic

scenarios

Safety Management, Emergency response

Solid Waste Management

Maximise resource recovery / minimal emissions

Minimise impact on environment, human intervention, space
requirement, impact on health hazard
No waste visibility
Power neutral
Automatic Collection, Transportation and
Segregation System
Monitoring

E-Waste;

Bio-medical, Hazardous
Waste handling system
Monitoring

Central

Waste Handling Facility

2
3

Monitoring

Residual

Waste handling, rejects

1.
2.
3.
4.

The waste is thrown into a disposal chute

Computer controlled access
Waste sucked through pipes at a speed of 90 km/hr
Treatment through plasma gasification

Safety

Management,

Emergency response

Power Infrastructure

Underground cabling for power distribution within GIFT

Substation and Distribution Automation
Indoor Substation
1. Gas Insulated Switchgears(GIS) substation for subtransmission and distribution within GIFT
2. Compact substation (CSS) in building
Total Power Requirement- 750 MVA (from dual source)
Emergency Power generation (Gas Based) - 150 MW
Green Power

Power Control Centre

Power supply monitoring
Power loss minimization
Grievance redressal system
Power consumption
monitoring

and

efficiency

Emergency Power supply monitoring

Reliability 99.999% which means outage of 5.3 minutes/annum

Utility Tunnel Alignment

Trunk line for Non-SEZ

Trunk Lines in SEZ
Connectors/ Feeders

Utility Tunnel Details

Power
Cables
Power
Cables

Control
Cables

ICT Cables
Fire WTP Treated

DCS Blowdown

Raw water
STP Treated
DCS Supply
Raw
water

Access to Tunnel

Lighting & Ventilation

AWCS
DCS Return

GIFT ICT

GIFT Vision

Create a world class financial city by offering an unrivalled business

environment to global and local financial services enterprises.

GIFT ICT Vision

Create leading-edge infrastructure, services and platforms and offer

financial services enterprises a significant competitive advantage to
operate regionally and globally

Best in Class
Customer Experience

Gateway to Financial
Markets

Cost-effective ICT
Secure & Resilient
ICT Environment

Pre-enabled on demand Infrastructure

ICT Vision

GIFT will exceed the ICT capabilities of comparable cities

Overtaking
Triple Play
"Place"

GIFT

DIFC

DIC

SONGDO

New WTC New York

Canary Wharf - London

Pudong - Shanghai

La-Defense Paris

Singapore

10

London Stock Exchange

11

New York Stock Exchange

Smart
Buildings

Faster
Set-up

Competitive
Service
Provision

All Fibre

Mobile/
Wireless

Trading
Sub Sea
Platform Connectivity

Data
Centre

12 Tokyo
Source: Study by British Telecom

Poor

Reasonable

Excellent

Not Applicable

GIFT ICT Vision

GIFT Occupants would have access to following ICT Services

INFRASTRUCTURE

PLATFORMS

SERVICES

High Speed Fibre

Financial Extranets

Data

Network

CUG to Exchanges

Voice

Diverse Local and

Voice

Wi-Fi

Industry Specific

Tier-4 Data Centres

International
Connectivity
Pervasive

Platforms

Business Continuity

City e-Portal

Security

Wireless and

Sensor Networks

High Speed Internet

Mobile Network

IPTV Internet Gateway

Data Centres

Access
Monitoring

Central Command & Control

Control Center
(Transport)

Control Center
Building Package-A

Control Center
(Water)
Control Center
(SWM)

Control Center
Building Package-B

City Control and Command

Center (C4)

Control Center
Building Package-C

Control Center
(DCS)

Control Center Building

Package-nth

Security &
Vigilance
Control Center

City Command Center would take critical live feeds from all Control Centers
Enforce Control Centers to take remedial actions in case of emergency

GIFT Intelligent Buildings

Samruddhi Sarovar- An Entertainment Zone

Samruddhi
Sarovar
(Master
Balancing
Reservoir)
Food courts: Restaurants, Eateries, Dining
Gathering spaces for concerts and events,
Promenades
Water sport activities
Retail Facilities
Walkers paradise: jogging track, viewing points
Light and Sound show, Fountains, Water Shows

Samruddhi Sarovar- An Entertainment Zone

Allotment & Investment

In GIFT

World Trade Centre

Office Building
1.0 Mn Sqft
Investment of around Rs. 700 Cr.
Employment Generation- 6,000

State Bank of India

Office Building- Local Head Quarter

0.2 Mn Sqft

Investment of around Rs. 150 Cr.

Employment Generation-2000

ICSE School
Narsee Monjee Educational Trust

BUA- 0.1 Mn Sqft

Around 2000 Students
Investment of around 40 cr.

Data Centre

Tier IV Data Centre

900 Racks
0.1 Mn Sqft

Investment of around Rs. 150 Cr

Employment Generation- 100

GIFT International Centre (Business Club)

Business Club
BUA- 0.16 Mn Sq Ft
Investment of around 120 cr.

Financial Services Training Centre

Global Insurance Training Centre

Training Centre
BUA- 0.2 Mn Sqft
Investment of around Rs. 80 Cr

Hospital

200 beds Hospital

0.25 Mn Sqft
Investment of around Rs. 150 Cr
Employment Generation- 1000

Residential Tower

100 apartments
0.15 Mn Sqft
Investment of around Rs. 60 Cr

Residential Tower

250 apartments
0.4 Mn Sqft

Investment of around Rs. 160 Cr

Office Buildings GIFT ONE and GIFT TWO

Total BUA approx. 0.8 mn sq ft (each)

Structure: Basement + 28 Floors

Tallest Buildings in Gujarat

Grade A Commercial Office space with high

end technical specifications and features like
district cooling, vacuum based waste
management system, Intelligent Building
Management System, Energy Efficient Green
Building

Vertical transportation: Through 12 high speed

elevators with a speed of 4m/sec

Recent Allotment- Bombay Stock Exchange

BSE Tower
Office Building
0.3 Mn Sqft
Investment of around

Rs. 200 Cr.

Employment Generation4000

Brigade Group

Total 1.1 Mn. Sq. Ft. BUA

Retail / Shopping Mall 0.4 Mn Sq. Ft. BUA
Commercial Buildings in SEZ 0.26 Mn. Sq.
Ft. BUA
Residential Buildings 0.32 Mn. Sq. Ft. BUA
Two Hotels 5 Star & 4 Star Category
Investment of around Rs. 500 Cr
Employment Generation of more that 5000

Hiranandani Group

Commercial Buildings in SEZ

0.25 Mn. Sq. Ft. BUA
Investment of around Rs. 100 Cr
Employment Generation of more
than 2500

GIFT Phase-I Development

Investment & Employment

BUA
(Mn. Sq.Ft.)

Investment (in
Cr.)

Commercial

7.2

5,500

Social

1.6

800

Residential

3.2

2,250

12.0

8,550

Use Type

Total

Employment Generation in
GIFT City by 2016- 30,000
Current Employment- 700

Partners in Progress

Buildings in GIFT

110 Buildings
1 Tallest building above 400m

2 Landmark Buildings (Height- above 350 mt)

18 Buildings (Height- 150 mt to 300 mt)
73 Buildings (Height- 100 mt to 140 mt)
2 Schools International and Domestic Board
200 Beds Hospital
Hotels (5000 rooms)

International Award/Recognition
GIFT City has been conferred as Smart City of Future by Cisco Technology Award 2014
GIFT City was awarded Best Industrial Development & Expansion by the World
Finance Infrastructure Investment Awards - 2012 at London. ( beating songdo South Korea
& Moscow International Finance Center Russia)
GIFT City is amongst the 10 top infrastructure projects of India according to Economic
Times and Rediff
GIFT City selected as one of the worlds Strategic Top 100 Infrastructure Projects in 2014 by
CG/LA Infrastructure, 25 year old US based firm.

GIFT City got a recognition in Innovation in Utility Transmission & Distribution

Infrastructure 2013 presented by Bentley Systems at London
Leadership in Integrated Green City Design Planning at Green Cities Forum in 2014
GIFT City received ICI Utratech Award for Outstanding Concrete Structure of Ahmedabad
in 2013

International / Domestic Tie-Ups

GIFT City has signed an MoU with Singapore Co-operation Enterprises
(SCE), Government of Singapore Enterprise for facilitating Singapore based
Financial Institutions to establish operations in GIFT City

GIFT City is in discussion with Dubai International Finance Centre

(DIFC) and Dubai Multy Commodity Centre (DMCC) for signing MoC for
joint promotion of both the centres

GIFT City will shortly be signing MoC with Gujarat Chamber of

Commerce & Industry (GCCI) and Federation of Indian Exporters
Organization (FIEO) for setting up export orientated businesses in GIFT
City under the World Trade Centre.

Recent Media Coverage

Thank you