The GIFT City on Friday hosted a delegation comprising representatives from BRICS nations, providing them with an overview of India’s evolving International Financial Services Centre (IFSC) ecosystem and the growing opportunities in cross-border finance, fintech, trade and global business services.
The visit assumes significance as India holds the BRICS Chairship for 2026 under the theme “Building for Resilience, Innovation, Cooperation and Sustainability.” India is also set to host the 18th BRICS Summit and related ministerial engagements during the year, an official release stated here.
As part of the visit, the delegation was apprised of GIFT City’s development as India’s maiden IFSC and its emergence as a gateway for international financial services, global capital flows and foreign currency transactions from within India. Senior officials from GIFT City and International Financial Services Centres Authority (IFSCA) made a detailed presentation covering the city’s regulatory ecosystem, globally benchmarked infrastructure, business environment and sectoral opportunities across banking, capital markets, fund management, insurance and reinsurance, aircraft leasing, fintech and global capability centres (GCCs).
