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Gujarat International Finance Tec – City
A Global Financial Hub
Shri Narendra Modi
Hon‟ble Prime Minister of 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.”
Need of Global Financial Hub in India
London
New York
Hong Kong
Singapore
Zurich
Franfurt
Sydney
Tokyo
Dubai
Channel Islands
Luxemburg
9
10
13
12
10
5
8
20
11
60
30
5.2
5.4
5.5
5.2
4.0
5.0
4.0
10.0
N/A
30.0
10.0
Financial Hubs Share Of GDP Jobs Share
Source: IFSL; UK % share
Financial Services Centre’s Contribution
Financial Services Will Continue To Contribute
Significantly To The Indian Economy
Core Financial
Services
Capital Markets
& Trading
IT for Financial
Services
ITeS/ BPO for
Financial
Services
Total
No. of Jobs
(Thousands)
Value add to GDP
(USD Billion)
Market Capitalisation
(USD Billion)
20202007
2,750-2,900
7,400-7,600
30-35
240-250
175-190
1,150-1,250
4-5
19-20
0 -1
8-10
6-7
65-75
500-600
2,000-2,200
14-18
100-120
80-90
300-375
175-225
750-850
3-4
25-35
11-16
100-150
3,500-3,700
10,000-11,000
50-75
375-425
275-325
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
• 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 %
• 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
India Desperately Needs New Cities
Which Can Thrive On Sustainable Sectors…
2 OPPORTUNITY CONSTRAINTS
India is a great
Growth Story
Strong Urbanization
Trends
with
Which are
expected to
But is stifled with
problem of
Infrastructure
Bottlenecks
Crumbling Urban
Infrastructure
SOLUTION
Innovative way to
overcome these
constraints
Driven by High Growth Sectors
Setting up Self - sustaining Cities
Which are
TOP OF THE MIND SECTORS
• Auto Ancillaries
• Textiles
• Gems & Jewellery
• Manufacturing
• Financial Services
• IT/ ITES
• BPO/ KPO
GUJARAT’S 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
Why Gujarat?
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- An Integrated Smart City
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 it’s kind development in
scale, scope and quality
• State-of-the-art infrastructure
1. National Financial services operations’ hub
2. Regional/functional headquarters for financial services players
3. International Hub for Insurance & Reinsurance
4. Private Banking hub for NRIs/ Regional HNWs
5. International microfinance hub
8. Global Hub for IT services for Financial services sector
9. Global Hub for BPO services for Financial services sector
6. International commodity trade hub
7. Participation in global capital markets
Source: McKinsey Analysis
Defined Positioning of GIFT
Capital Markets
and Trading
IT Services
ITeS/BPO Services
GIFT is being developed to Catalyse India’s Largest
Financial Services Potential By Offering World-class
Infrastructure To Attract Top Talent In The Country
To target 8-10%
of financial
services
potential in India
Creation of
1 million direct
& indirect jobs
Up to 84 million sq.
ft. of real estate
office and
residential space
The Concept
Core Financial
Services Financial services
corporate centre
Financial services
operations
Select product
markets
GIFT’s Target Business Segments
GIFT
Strong
Promoters /
PPP
Gujarat:
Ideal
Destination
Aesthetics
Global
Benchmarking
Integrated
Development
Partners in
Progress
Strategic
Location
Defined
Positioning
GIFT : Value Propositions
GIFT an Integrated Urban Development
Overall Connectivity/
Transport:
• External Connectivity includes
MRTS / BRTS/ Roads
• Public-Private Modal Split 90:10
Integrated Residential
Development:
• Well-planned residential housing
projects
• Walk-to-work
Smart Business Environment:
• Benchmark office, high-rise district
with landmark buildings
Social Infrastructure:
• International Exhibition Complex
• Educational Institutes
• International and Domestic
schools
• State of the Art Hospital
• Training School
• 5 star Hotels and Business Club
Retail Cum Entertainment Hubs:
• High quality entertainment malls
• Large river front entertainment development
• Over 60% of the green Space
Smart Infrastructure:
• Uninterrupted and highly
reliable power supply
(99.999%)
• Next generation water &
waste management,
district cooling
Technology:
• Broadband FTTP
• WiFi / Wimax
• Shared IT Services
• Global Connectivity
PROACTIVE
URBAN
GOVERNANCE
People &
Business
Customized
business
Environment
Smart Business
Centre
E-Business
Inclusive
Development of
citizens
Smart Infra &
Sustainability
Smart mobility
Smart Energy
System
(Power & HVAC)
Smart Water
System
Smart Waste
Management
System
Smart
Environment
Monitoring
System
Green City
Efficiency
Pro-active
Governance
Smart &
Integrated City
Services
Technology
Enable
Environment
Livability
Smart Healthcare
Smart Education
24 x 7 Living
Cities
People Friendly
Cities
Smart Habitable
Environment
Walk to work
Safety &
Security
E-Surveillance
Emergency
Response
Fire Management
Disaster
management
Public
Communication
System
People’s Health, Happiness & Prosperity
GIFT- A Smart & Integrated Development
Global Benchmarking
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)
Tokyo (Shinjuku) London
(Dockyards)
Pudong
(Lujiazui)
Paris (La
Defense)
GIFT
Source: ECADI/Fairwood Consultants
Paris
(La Defense)
Tokyo
(Shinjuku)
London
(Dockyards)
Pudong
(Lujiazui)
GIFT
Land Area (sq km)
Construction Scale (in mn sq m)
Greenbelt (in thousand sq m)
Height (m)
1.6
2.5
40
200
1.6
1.6
120
250
1.05
1.1
50
250
1.7
4.5
363
490
3.58
8.5
1183
410
Strategic Location - India / Gujarat
 Centrally located in the state of
Gujarat in Gandhinagar
 12km From Ahmedabad
International Airport
 On the bank of River Sabarmati
Delhi
Mumbai
DMIC
Master Plan Area : GIFT Will Spur Development
In The Region
Integrated
Townships
GIDC CONVENTION
CENTRE
RIVER FRONT
DEVELOPMENT
Knowledge City
GIFT
GIFT
Expansion
Zone
GIFT City : A Single Window Clearance
• GIFT is the Master Developer of the City.
• 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
Associated Infrastructure, Housing
and
Social Facilities
GIFT Development Structure
Multi Service SEZ with IFSC
Status
Domestic
Finance Centre/ Corporate Office/
Trade Centre
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.
2: Corporate
Treasury
Management
 Managing Foreign
Exchange Transactions
 Hedging Operations
 Raising and Investing of
Cost
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
4: Securities
Trading
 Regional financial
exchange
 Securities Trading
 Futures and Options
Trading
 Commodities Trading
3: Fund Custody,
Administration and
Custody
 Custody of Corporate
Funds
 Trust Companies
 Asset Management
 Hedge funds
 Investment Counsellors
and Portfolio Managers
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
Activities in GIFT IFSC
NON-PROCESSING AREA
• Related Commercial and Office Buildings
• Service Apartments & Residential Flats
• Hostels and Restaurants and Food Court
• Business Hotel, Shopping Centre, Retail
Stores and Banks
• Training center for Financial Services
• Medical Centre
• Entertainment Centre/ Theatre
• Post Office, Telephone Exchange, Police
Station, Security, etc.
• Regulators Offices
• International Financial Service
Centre (IFSC)
• International Techno Park &
International Market Zone
• Commodity Exchanges
• Global trading exchanges
• Insurance
• Offshore Banking
• IT/ ITeS
• KPO/ BPO services
• Data Centre
PROCESSING AREA
Multi Service SEZ - Processing Area &
Non Processing
• Schools (International and CBSE)
• Training Centre (Language School)
• Clubs
• Hotels
• Convention Centre
• Exhibition Centre
• Hospital
• Low Income Housing
SOCIAL FACILITIES
• Domestic & International Banking
and Insurance Enclave
• Domestic & International
Technology Enclave
• Domestic & International Exchange
Enclave
• Domestic & International Corporate
Enclave
• Diamond Tower
• World Trade Center
ENCLAVES
Enclaves And Social Facilities
GIFT: Master Plan
Bridge under
Construction
Non-Processing area
SEZ
Processing area
SEZ
Access Road
Bapasitaram
JunctionExisting
Shahpur Bridge
BUA : 62 mn.sq.ft.
Additional 22 Million to be developed after
removal of height restriction by AAI
Building Use
Commercial : 67% (42 Mn SqFt)
Residential : 22% (14 Mn SqFt)
Social : 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 Utility Tunnel
o Landscaping
Smart City GIFT Development
Smart Urban
Infrastructure
o Water Systems
o Power
o ICT System
o District Cooling
o Domestic Gas
o Waste Management
o Fire Fighting
o Utility Tunnel
Smart Buildings
o Offices
o Home
o Hotel
o School
o Hospital
Smart
Landscape
o Irrigation
System
Smart Transport
o Traffic Mgmt
o Parking
o Area Traffic Control
o Road Condition System
o Real Time Travel Response
Smart Desks
o City Information
o Facilitation Centers
Smart Streets
o Digital Signage
o Streetscape
City
Command
and Control
Centre (C4)
Smart City
Security and
Surveillance
External Transportation
 Grid of six Arterial Roads
(Connecting to various areas of
Ahmedabad and Gandhinagar)
Ahmedabad
Airport
Gandhinagar
GIFT
 Metro Rail Transport System
(MRTS) to GIFT
 Bus Rapid Transit System (BRTS)
to GIFT
External Road Connectivity
BY GOG
Existing Bridge
Southern Bridge
Road -IA
Road -ID
Road -IB
NH-8
Towards
Ratanpur
GIFT- A Transit Oriented Development
Major Internal Transport Corridor
MRTS corridor
Major Roads
Arterial Road
Sub-Arterial Roads
Walkability
through travellators
500 mtrs
Walkability
through travellators
Elevated Walkways
Multi Level Parking (MLP)
GIFT’s
GIFT
MLP-2
E-1
MLP-2
MLP-1
MLP-4
MLP-8
MLP-6
MLP-5
MLP-3
MLP-7
MLP-11
MLP-12
• Total Parking Requirement of GIFT City- 1.2 lakhs ECS
• No. of Car Parking in MLP – 60,000 car parks
MLP-10
MLP-9
MLP-2
Interactive road maps
Road condition system
Automatic vehicle location
and tracking
Real Time Travel Response Parking Management
Transit Node Management
Ridership analysis Accident reporting Safety management Asset ManagementVehicle emission monitoring
GIFT
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
SMART Transportation
GIFT- Road 8C
Water Infrastructure
 Quality Water- can be drunk
from any tap
 Storage of surface run-off &
rain water
 Approach towards making
the project water neutral
Utility Monitoring
Metering
Controllers
Leak
Detection
SMART Water Infrastructure
Drink from Any Tap
Raw Water
from Narmada
Canal
Reservoir
WTP
STP
Waste
Water
Filtered
Water
Waste
Water
Water with
sludge
Waste
Water
Waste
Water
Makeup for
Water Bodies
RO Plant
Domestic
Uses
Cooling Tower
Flushing Tower
HorticultureSoftening
Plant
District Cooling System
Total Cooling Load - 2,40,000 TR
• Efficiency through economies of scale
• Reduces energy costs
• Reduces maintenance costs
• Improves air quality and temperature
control
• Reduces noise and vibration
• Conventional AC System not required
• Monitoring District Cooling Plant System
• Simulation of cooling/energy
requirements
• Analyze interface with distribution/usage
for both the supply and return elements
• Evaluation of extensive economic
scenarios
• Safety Management, Emergency response
DCS Control Centre- Smart Infrastructure
DCS-1
DCS-3
DCS-2
DCS-4
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
1. The waste is thrown into a disposal chute
2. Computer controlled access
3. Waste sucked through pipes at a speed of 90 km/hr
4. Treatment through plasma gasification
• Monitoring E-Waste;
Bio-medical, Hazardous
Waste handling system
• Monitoring Central
Waste Handling Facility
• Monitoring Residual
Waste handling, rejects
• Safety Management,
Emergency response
1
3
2
1
Automated Solid Waste Management
Collection from Building
Collection from Public Places
Separate Collection Pits
Utility Tunnel
Collection
Transportation
Segregation & Treatment
Power Infrastructure
 Underground cabling for power distribution within GIFT
 Substation and Distribution Automation
 Indoor Substation
1. Gas Insulated Switchgears(GIS) substation for sub-
transmission 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
Reliability – 99.999% which means outage of only 5.3 minutes/annum
Power Control Centre
• Power supply monitoring
• Power loss minimization
• Grievance redressal system
• Power consumption and efficiency
monitoring
• Emergency Power supply monitoring
Connectors/ Feeders
Trunk line for Non-SEZ
Trunk Lines in SEZ
Utility Tunnel Alignment
Utility Tunnel Details
Access to Tunnel Lighting & Ventilation
AWCS
DCS Supply DCS Return
STP Treated
Raw
water
Raw water
Fire
Control
Cables
ICT Cables
DCS BlowdownWTP Treated
Power
Cables
Power
Cables
GIFT Vision Create a world class financial city by offering an unrivalled business
environment to global and local financial services enterprises.
Create leading-edge infrastructure, services and platforms and offer
financial services enterprises a significant competitive advantage to
operate regionally and globally
GIFT ICT
“Best in Class”
Customer Experience
Gateway to Financial
Markets
Secure & Resilient
ICT Environment
Cost-effective ICT
Pre-enabled on demand Infrastructure
GIFT ICT Vision
GIFT will exceed the ICT capabilities of comparable cities
Source: Study by British Telecom
All Fibre
Trading
Platform
Sub Sea
Connectivity
Data
Centre
Mobile/
Wireless
Poor Reasonable Excellent Not Applicable
12
1 GIFT
2
3
4
5
6
7
8
9
10
DIFC
DIC
SONGDO
New WTC – New York
Canary Wharf - London
Pudong - Shanghai
La-Defense Paris
Singapore
London Stock Exchange
Triple Play
Smart
Buildings
Faster
Set-up
Competitive
Service
Provision
11 New York Stock Exchange
Tokyo
Overtaking
"Place"
ICT Vision
GIFT Occupants would have access to following ICT Services
GIFT ICT Vision
• High Speed Fibre
• Network
• Diverse Local and
International
Connectivity
• Pervasive
Wireless and
Mobile Network
• Data Centres
• Financial Extranets
• CUG to Exchanges
• Voice
• Industry Specific
Platforms
• City e-Portal
• Sensor Networks
• IPTV Internet Gateway
• Data
• Voice
• Wi-Fi
• Tier-4 Data Centres
• Business Continuity
• Security
• High Speed Internet
Access
• Monitoring
INFRASTRUCTURE PLATFORMS SERVICES
Vision for Operation & Maintenance
“Identify the defects before
consumer noticing it.
Rectify the defect before receiving
the complain.”
City Control and Command
Center (C4)
Control Center
(Transport)
Control Center
(Water)
Control Center
(SWM)
Control Center
(DCS)
Control Center
Building Package-A
Control Center
Building Package-B
Control Center
Building Package-C
Control Center Building
Package-nth
Security &
Vigilance
Control Center
Central Command & Control
• C4 will take critical live feeds from all Control Centers
• C4 will take remedial actions in case of emergency
GIFT Intelligent Buildings
 24% saving on building management system
 4.5% saving on total build cost
 36% saving on operational expenditure
Smart Fire Safety Measures
 State-of-the-Art Fire
detection System
 Adequate Provision in the
building for quenching of
fire
 Provision of adequate
logistics and fire fighting
system at city level
conducive to high-rise
building
 Adequate and effective
evacuation system
Trigger controlled
manually at Building
and
by Central Command
and Control Centre
Building 1 Building 2
Water Browser
Fire Station at GIFT-
Under Construction
Helipad at
Samruddhi Sarovar
• 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
Samruddhi Sarovar- An Entertainment Zone
Infrastructure is being developed
in phases.
Phase-I is in advance stage of
implementation.
Roads & Street Lights
66/33 KV Power Receiving Station
Water Treatment Plant
District Cooling System
Automated Waste Collection System
Utility Tunnel
Allotment & Investment
In GIFT
World Trade Centre
• Commercial & Residential Building
• 1.5 Mn Sqft
• Investment of around Rs. 1000 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
• 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
• 300 apartments
• 0.4 Mn Sqft
• Investment of around Rs. 160 Cr
Residential Tower
• 150 apartments
• 0.15 Mn Sqft
• Investment of around Rs. 60 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
BSE Tower
Recent Allotment- Bombay Stock Exchange
B
S
E • Office Building
• 0.5 Mn Sqft
• Investment of around
Rs. 400 Cr.
• Employment Generation-
5000
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
• Hotel – 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
Use Type
BUA
(Mn. Sq.Ft.)
Investment (in
Cr.)
Commercial 7.4 5,650
Social 1.6 800
Residential 3.7 2,600
Total 12.6 9,050
Employment Generation in
GIFT City by 2016- 30,000
Current Employment- 700
Partners in Progress
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)
Buildings in GIFT
International Award/Recognition
 GIFT City is awarded for “ Best Implementation of ICT in Urban Development “ by Indian
Express group in 17th Edition of Express Technology Sabha held in Hyderabad on 12-15th Feb-2015
GIFT City has been conferred as “Smart City of Future” by Cisco Technology Award 2014
GIFT is recipient of IDC ICONIC Award 2014 in Government Sector category
GIFT won e-LETS Award 2014 for “Innovative Solutions for Smart City”
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 selected as one of the world‟s „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 NSE for setting up an International Exchange
in GIFT-IFSC on February 26, 2015
GIFT City has signed an MoU with BSE Ltd. for setting up an International
Exchange in GIFT-IFSC on January 12, 2015 during Vibrant Gujarat Global
Investor‟s Summit 2015.
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 has signed MoC with Gujarat Chamber of Commerce & Industry
(GCCI) and would shortly sign with Federation of Indian Exporter‟s Organization
(FIEO) for setting up export orientated businesses in GIFT City under the World
Trade Centre.
Recent Media Coverage
Recent Media Coverage
Developing A Smart city is very CHALLENGING when the
project is unconventional and state of the art infrastructure
is to be implemented but,
by Systematic Method, Innovative Strategies, Dedicated
Team and Strong Management vision can be achieved.
GIFT City is an example to follow…….
Thank you……

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GIFT City - Model Smart City in India

  • 1. Gujarat International Finance Tec – City A Global Financial Hub
  • 2. Shri Narendra Modi Hon‟ble Prime Minister of India
  • 3. 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.” Need of Global Financial Hub in India
  • 4. London New York Hong Kong Singapore Zurich Franfurt Sydney Tokyo Dubai Channel Islands Luxemburg 9 10 13 12 10 5 8 20 11 60 30 5.2 5.4 5.5 5.2 4.0 5.0 4.0 10.0 N/A 30.0 10.0 Financial Hubs Share Of GDP Jobs Share Source: IFSL; UK % share Financial Services Centre’s Contribution
  • 5. Financial Services Will Continue To Contribute Significantly To The Indian Economy Core Financial Services Capital Markets & Trading IT for Financial Services ITeS/ BPO for Financial Services Total No. of Jobs (Thousands) Value add to GDP (USD Billion) Market Capitalisation (USD Billion) 20202007 2,750-2,900 7,400-7,600 30-35 240-250 175-190 1,150-1,250 4-5 19-20 0 -1 8-10 6-7 65-75 500-600 2,000-2,200 14-18 100-120 80-90 300-375 175-225 750-850 3-4 25-35 11-16 100-150 3,500-3,700 10,000-11,000 50-75 375-425 275-325 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
  • 6. • 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 % • 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 India Desperately Needs New Cities Which Can Thrive On Sustainable Sectors… 2 OPPORTUNITY CONSTRAINTS India is a great Growth Story Strong Urbanization Trends with Which are expected to But is stifled with problem of Infrastructure Bottlenecks Crumbling Urban Infrastructure SOLUTION Innovative way to overcome these constraints Driven by High Growth Sectors Setting up Self - sustaining Cities Which are TOP OF THE MIND SECTORS • Auto Ancillaries • Textiles • Gems & Jewellery • Manufacturing • Financial Services • IT/ ITES • BPO/ KPO
  • 7. GUJARAT’S 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 Why Gujarat? 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
  • 8. GIFT- An Integrated Smart City 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 it’s kind development in scale, scope and quality • State-of-the-art infrastructure
  • 9. 1. National Financial services operations’ hub 2. Regional/functional headquarters for financial services players 3. International Hub for Insurance & Reinsurance 4. Private Banking hub for NRIs/ Regional HNWs 5. International microfinance hub 8. Global Hub for IT services for Financial services sector 9. Global Hub for BPO services for Financial services sector 6. International commodity trade hub 7. Participation in global capital markets Source: McKinsey Analysis Defined Positioning of GIFT Capital Markets and Trading IT Services ITeS/BPO Services GIFT is being developed to Catalyse India’s Largest Financial Services Potential By Offering World-class Infrastructure To Attract Top Talent In The Country To target 8-10% of financial services potential in India Creation of 1 million direct & indirect jobs Up to 84 million sq. ft. of real estate office and residential space The Concept Core Financial Services Financial services corporate centre Financial services operations Select product markets GIFT’s Target Business Segments
  • 11. GIFT an Integrated Urban Development Overall Connectivity/ Transport: • External Connectivity includes MRTS / BRTS/ Roads • Public-Private Modal Split 90:10 Integrated Residential Development: • Well-planned residential housing projects • Walk-to-work Smart Business Environment: • Benchmark office, high-rise district with landmark buildings Social Infrastructure: • International Exhibition Complex • Educational Institutes • International and Domestic schools • State of the Art Hospital • Training School • 5 star Hotels and Business Club Retail Cum Entertainment Hubs: • High quality entertainment malls • Large river front entertainment development • Over 60% of the green Space Smart Infrastructure: • Uninterrupted and highly reliable power supply (99.999%) • Next generation water & waste management, district cooling Technology: • Broadband FTTP • WiFi / Wimax • Shared IT Services • Global Connectivity PROACTIVE URBAN GOVERNANCE
  • 12. People & Business Customized business Environment Smart Business Centre E-Business Inclusive Development of citizens Smart Infra & Sustainability Smart mobility Smart Energy System (Power & HVAC) Smart Water System Smart Waste Management System Smart Environment Monitoring System Green City Efficiency Pro-active Governance Smart & Integrated City Services Technology Enable Environment Livability Smart Healthcare Smart Education 24 x 7 Living Cities People Friendly Cities Smart Habitable Environment Walk to work Safety & Security E-Surveillance Emergency Response Fire Management Disaster management Public Communication System People’s Health, Happiness & Prosperity GIFT- A Smart & Integrated Development
  • 13. Global Benchmarking 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) Tokyo (Shinjuku) London (Dockyards) Pudong (Lujiazui) Paris (La Defense) GIFT Source: ECADI/Fairwood Consultants Paris (La Defense) Tokyo (Shinjuku) London (Dockyards) Pudong (Lujiazui) GIFT Land Area (sq km) Construction Scale (in mn sq m) Greenbelt (in thousand sq m) Height (m) 1.6 2.5 40 200 1.6 1.6 120 250 1.05 1.1 50 250 1.7 4.5 363 490 3.58 8.5 1183 410
  • 14. Strategic Location - India / Gujarat  Centrally located in the state of Gujarat in Gandhinagar  12km From Ahmedabad International Airport  On the bank of River Sabarmati Delhi Mumbai DMIC
  • 15. Master Plan Area : GIFT Will Spur Development In The Region Integrated Townships GIDC CONVENTION CENTRE RIVER FRONT DEVELOPMENT Knowledge City GIFT GIFT Expansion Zone
  • 16. GIFT City : A Single Window Clearance • GIFT is the Master Developer of the City. • 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
  • 18. Associated Infrastructure, Housing and Social Facilities GIFT Development Structure Multi Service SEZ with IFSC Status Domestic Finance Centre/ Corporate Office/ Trade Centre
  • 19. 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.
  • 20. 2: Corporate Treasury Management  Managing Foreign Exchange Transactions  Hedging Operations  Raising and Investing of Cost 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 4: Securities Trading  Regional financial exchange  Securities Trading  Futures and Options Trading  Commodities Trading 3: Fund Custody, Administration and Custody  Custody of Corporate Funds  Trust Companies  Asset Management  Hedge funds  Investment Counsellors and Portfolio Managers 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 Activities in GIFT IFSC
  • 21. NON-PROCESSING AREA • Related Commercial and Office Buildings • Service Apartments & Residential Flats • Hostels and Restaurants and Food Court • Business Hotel, Shopping Centre, Retail Stores and Banks • Training center for Financial Services • Medical Centre • Entertainment Centre/ Theatre • Post Office, Telephone Exchange, Police Station, Security, etc. • Regulators Offices • International Financial Service Centre (IFSC) • International Techno Park & International Market Zone • Commodity Exchanges • Global trading exchanges • Insurance • Offshore Banking • IT/ ITeS • KPO/ BPO services • Data Centre PROCESSING AREA Multi Service SEZ - Processing Area & Non Processing
  • 22. • Schools (International and CBSE) • Training Centre (Language School) • Clubs • Hotels • Convention Centre • Exhibition Centre • Hospital • Low Income Housing SOCIAL FACILITIES • Domestic & International Banking and Insurance Enclave • Domestic & International Technology Enclave • Domestic & International Exchange Enclave • Domestic & International Corporate Enclave • Diamond Tower • World Trade Center ENCLAVES Enclaves And Social Facilities
  • 23. GIFT: Master Plan Bridge under Construction Non-Processing area SEZ Processing area SEZ Access Road Bapasitaram JunctionExisting Shahpur Bridge BUA : 62 mn.sq.ft. Additional 22 Million to be developed after removal of height restriction by AAI Building Use Commercial : 67% (42 Mn SqFt) Residential : 22% (14 Mn SqFt) Social : 11% (6 Mn SqFt)
  • 24. 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 Utility Tunnel o Landscaping
  • 25. Smart City GIFT Development Smart Urban Infrastructure o Water Systems o Power o ICT System o District Cooling o Domestic Gas o Waste Management o Fire Fighting o Utility Tunnel Smart Buildings o Offices o Home o Hotel o School o Hospital Smart Landscape o Irrigation System Smart Transport o Traffic Mgmt o Parking o Area Traffic Control o Road Condition System o Real Time Travel Response Smart Desks o City Information o Facilitation Centers Smart Streets o Digital Signage o Streetscape City Command and Control Centre (C4) Smart City Security and Surveillance
  • 26. External Transportation  Grid of six Arterial Roads (Connecting to various areas of Ahmedabad and Gandhinagar) Ahmedabad Airport Gandhinagar GIFT  Metro Rail Transport System (MRTS) to GIFT  Bus Rapid Transit System (BRTS) to GIFT
  • 27. External Road Connectivity BY GOG Existing Bridge Southern Bridge Road -IA Road -ID Road -IB NH-8 Towards Ratanpur
  • 28. GIFT- A Transit Oriented Development Major Internal Transport Corridor MRTS corridor Major Roads Arterial Road Sub-Arterial Roads Walkability through travellators 500 mtrs Walkability through travellators Elevated Walkways
  • 29. Multi Level Parking (MLP) GIFT’s GIFT MLP-2 E-1 MLP-2 MLP-1 MLP-4 MLP-8 MLP-6 MLP-5 MLP-3 MLP-7 MLP-11 MLP-12 • Total Parking Requirement of GIFT City- 1.2 lakhs ECS • No. of Car Parking in MLP – 60,000 car parks MLP-10 MLP-9
  • 30. MLP-2
  • 31. Interactive road maps Road condition system Automatic vehicle location and tracking Real Time Travel Response Parking Management Transit Node Management Ridership analysis Accident reporting Safety management Asset ManagementVehicle emission monitoring GIFT MLP-I MLP-II MLP-III MLP-IV MLP-V MLP-I MLP-II MLP-III MLP-IV MLP-V SMART Transportation GIFT- Road 8C
  • 32. Water Infrastructure  Quality Water- can be drunk from any tap  Storage of surface run-off & rain water  Approach towards making the project water neutral Utility Monitoring Metering Controllers Leak Detection SMART Water Infrastructure Drink from Any Tap Raw Water from Narmada Canal Reservoir WTP STP Waste Water Filtered Water Waste Water Water with sludge Waste Water Waste Water Makeup for Water Bodies RO Plant Domestic Uses Cooling Tower Flushing Tower HorticultureSoftening Plant
  • 33. District Cooling System Total Cooling Load - 2,40,000 TR • Efficiency through economies of scale • Reduces energy costs • Reduces maintenance costs • Improves air quality and temperature control • Reduces noise and vibration • Conventional AC System not required • Monitoring District Cooling Plant System • Simulation of cooling/energy requirements • Analyze interface with distribution/usage for both the supply and return elements • Evaluation of extensive economic scenarios • Safety Management, Emergency response DCS Control Centre- Smart Infrastructure DCS-1 DCS-3 DCS-2 DCS-4
  • 34. 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 1. The waste is thrown into a disposal chute 2. Computer controlled access 3. Waste sucked through pipes at a speed of 90 km/hr 4. Treatment through plasma gasification • Monitoring E-Waste; Bio-medical, Hazardous Waste handling system • Monitoring Central Waste Handling Facility • Monitoring Residual Waste handling, rejects • Safety Management, Emergency response 1 3 2 1
  • 35. Automated Solid Waste Management Collection from Building Collection from Public Places Separate Collection Pits Utility Tunnel Collection Transportation Segregation & Treatment
  • 36. Power Infrastructure  Underground cabling for power distribution within GIFT  Substation and Distribution Automation  Indoor Substation 1. Gas Insulated Switchgears(GIS) substation for sub- transmission 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 Reliability – 99.999% which means outage of only 5.3 minutes/annum Power Control Centre • Power supply monitoring • Power loss minimization • Grievance redressal system • Power consumption and efficiency monitoring • Emergency Power supply monitoring
  • 37. Connectors/ Feeders Trunk line for Non-SEZ Trunk Lines in SEZ Utility Tunnel Alignment
  • 38. Utility Tunnel Details Access to Tunnel Lighting & Ventilation AWCS DCS Supply DCS Return STP Treated Raw water Raw water Fire Control Cables ICT Cables DCS BlowdownWTP Treated Power Cables Power Cables
  • 39. GIFT Vision Create a world class financial city by offering an unrivalled business environment to global and local financial services enterprises. Create leading-edge infrastructure, services and platforms and offer financial services enterprises a significant competitive advantage to operate regionally and globally GIFT ICT “Best in Class” Customer Experience Gateway to Financial Markets Secure & Resilient ICT Environment Cost-effective ICT Pre-enabled on demand Infrastructure GIFT ICT Vision
  • 40. GIFT will exceed the ICT capabilities of comparable cities Source: Study by British Telecom All Fibre Trading Platform Sub Sea Connectivity Data Centre Mobile/ Wireless Poor Reasonable Excellent Not Applicable 12 1 GIFT 2 3 4 5 6 7 8 9 10 DIFC DIC SONGDO New WTC – New York Canary Wharf - London Pudong - Shanghai La-Defense Paris Singapore London Stock Exchange Triple Play Smart Buildings Faster Set-up Competitive Service Provision 11 New York Stock Exchange Tokyo Overtaking "Place" ICT Vision
  • 41. GIFT Occupants would have access to following ICT Services GIFT ICT Vision • High Speed Fibre • Network • Diverse Local and International Connectivity • Pervasive Wireless and Mobile Network • Data Centres • Financial Extranets • CUG to Exchanges • Voice • Industry Specific Platforms • City e-Portal • Sensor Networks • IPTV Internet Gateway • Data • Voice • Wi-Fi • Tier-4 Data Centres • Business Continuity • Security • High Speed Internet Access • Monitoring INFRASTRUCTURE PLATFORMS SERVICES
  • 42. Vision for Operation & Maintenance “Identify the defects before consumer noticing it. Rectify the defect before receiving the complain.”
  • 43. City Control and Command Center (C4) Control Center (Transport) Control Center (Water) Control Center (SWM) Control Center (DCS) Control Center Building Package-A Control Center Building Package-B Control Center Building Package-C Control Center Building Package-nth Security & Vigilance Control Center Central Command & Control • C4 will take critical live feeds from all Control Centers • C4 will take remedial actions in case of emergency
  • 44. GIFT Intelligent Buildings  24% saving on building management system  4.5% saving on total build cost  36% saving on operational expenditure
  • 45. Smart Fire Safety Measures  State-of-the-Art Fire detection System  Adequate Provision in the building for quenching of fire  Provision of adequate logistics and fire fighting system at city level conducive to high-rise building  Adequate and effective evacuation system Trigger controlled manually at Building and by Central Command and Control Centre Building 1 Building 2 Water Browser Fire Station at GIFT- Under Construction Helipad at Samruddhi Sarovar
  • 46. • 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
  • 47. Samruddhi Sarovar- An Entertainment Zone
  • 48. Infrastructure is being developed in phases. Phase-I is in advance stage of implementation.
  • 49. Roads & Street Lights
  • 50. 66/33 KV Power Receiving Station
  • 56. World Trade Centre • Commercial & Residential Building • 1.5 Mn Sqft • Investment of around Rs. 1000 Cr. • Employment Generation- 6,000
  • 57. State Bank of India • Office Building- Local Head Quarter • 0.2 Mn Sqft • Investment of around Rs. 150 Cr. • Employment Generation-2000
  • 58. ICSE School Narsee Monjee Educational Trust • BUA- 0.1 Mn Sqft • Around 2000 Students • Investment of around 40 cr.
  • 59. Data Centre • Tier IV Data Centre • 900 Racks • 0.1 Mn Sqft • Investment of around Rs. 150 Cr • Employment Generation- 100
  • 60. GIFT International Centre (Business Club) • Business Club • BUA- 0.16 Mn Sq Ft • Investment of around 120 cr.
  • 61. Financial Services Training Centre • Training Centre • BUA- 0.2 Mn Sqft • Investment of around Rs. 80 Cr
  • 62. Hospital • 200 beds Hospital • 0.25 Mn Sqft • Investment of around Rs. 150 Cr • Employment Generation- 1000
  • 63. Residential Tower • 300 apartments • 0.4 Mn Sqft • Investment of around Rs. 160 Cr
  • 64. Residential Tower • 150 apartments • 0.15 Mn Sqft • Investment of around Rs. 60 Cr
  • 65. 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
  • 66. BSE Tower Recent Allotment- Bombay Stock Exchange B S E • Office Building • 0.5 Mn Sqft • Investment of around Rs. 400 Cr. • Employment Generation- 5000
  • 67. 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 • Hotel – 4 Star Category • Investment of around Rs. 500 Cr • Employment Generation of more that 5000
  • 68. Hiranandani Group • Commercial Buildings in SEZ – 0.25 Mn. Sq. Ft. BUA • Investment of around Rs. 100 Cr • Employment Generation of more than 2500
  • 69. GIFT – Phase-I Development Investment & Employment Use Type BUA (Mn. Sq.Ft.) Investment (in Cr.) Commercial 7.4 5,650 Social 1.6 800 Residential 3.7 2,600 Total 12.6 9,050 Employment Generation in GIFT City by 2016- 30,000 Current Employment- 700
  • 71. 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) Buildings in GIFT
  • 72. International Award/Recognition  GIFT City is awarded for “ Best Implementation of ICT in Urban Development “ by Indian Express group in 17th Edition of Express Technology Sabha held in Hyderabad on 12-15th Feb-2015 GIFT City has been conferred as “Smart City of Future” by Cisco Technology Award 2014 GIFT is recipient of IDC ICONIC Award 2014 in Government Sector category GIFT won e-LETS Award 2014 for “Innovative Solutions for Smart City” 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 selected as one of the world‟s „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
  • 73. International / Domestic Tie-Ups  GIFT City has signed an MoU with NSE for setting up an International Exchange in GIFT-IFSC on February 26, 2015 GIFT City has signed an MoU with BSE Ltd. for setting up an International Exchange in GIFT-IFSC on January 12, 2015 during Vibrant Gujarat Global Investor‟s Summit 2015. 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 has signed MoC with Gujarat Chamber of Commerce & Industry (GCCI) and would shortly sign with Federation of Indian Exporter‟s Organization (FIEO) for setting up export orientated businesses in GIFT City under the World Trade Centre.
  • 76. Developing A Smart city is very CHALLENGING when the project is unconventional and state of the art infrastructure is to be implemented but, by Systematic Method, Innovative Strategies, Dedicated Team and Strong Management vision can be achieved. GIFT City is an example to follow…….