Wipro, Accenture and UAE-based Transworld Groupare among the 10-odd new investors who have proposed to set up base at Gift City.
As per the investment proposals received during the ongoing Vibrant Gujarat summit, Wipro has proposed to start tech-fin operations at Gift City shortly. “They have to make a formal application. It is largely a B2B operation,” said Tapan Ray, Managing Director of Gift City Company Ltd. Apart from Wipro, Accenture too has proposedto set up an office at Gift City.
Transworld Group has signed a ₹2,000 crore MoU for setting up a ship leasing and aircraft leasing activities in Gift IFSC, while StoneX Group will open a bullion trading desk in Gift city, Ray added.
Meanwhile, the Abu Dhabi Investment Authority has becomethe first sovereignfund to be set up in Gift City and Mizuho Bank has becomethe second Japanese bank to set up a IFSC Banking Unit at GiftIFSC.
APEX Group has set up their office in Gift City as a fund administrator and fund accounting service provider. The Group plans to employ 1,000 persons over a period of three years. Ray also pointed out that the State Bank of India (SBI) has got the occupancy certificate for its building and is expected to shift their operations to Gift City from Ahmedabad.
