GIFT City Rises to 37th in Global Financial Centres Index 2026

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GIFT City Rises to 37th in Global Financial Centres Index 2026

Economy
GIFT City Rises to 37th in Global Financial Centres Index 2026

Gujarat International Finance Tec-City (GIFT City) rises to 37th place in the latest Global Financial Centres Index 2026. The Global Financial Centres Index provides rankings for 117 financial centres worldwide, and it also lists Mumbai at 49 and Delhi at 56.

Global Financial Centres Index (GFCI) 2026 and GIFT City:

Dimension Key Details
Other Indian centres in the index The index lists Mumbai at 49 and Delhi at 56.
GIFT City status (SEZ) GIFT City is established as a Special Economic Zone (SEZ) in 2015.
GIFT City status under FEMA GIFT City is designated as a non-resident zone under the Foreign Exchange Management Act (FEMA).
Index function The Global Financial Centres Index provides rankings and evaluations of the future competitiveness of financial centres worldwide.
Coverage The index provides rankings for 117 financial centres.
Publisher The index is published by Z/Yen Partners in collaboration with the China Development Institute (CDI).
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Q 1 / 3

Consider the following statements about GIFT City:

1. It is established as a Special Economic Zone (SEZ) in 2015.
2. It is designated as a non-resident zone under the Foreign Exchange Management Act (FEMA).
3. In the Global Financial Centres Index (GFCI) 2026, it is ranked below both Mumbai and Delhi.

Which of the statements given above are correct?

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Answer: B. 1 and 2 only