Gandhinagar, April 8 (NationPress) The amount of capital committed to funds based in the Gujarat International Finance Tec-City (GIFT City) has surged to USD 32.13 billion as of December 2025, a dramatic increase of nearly 60 times from under USD 0.5 billion in March 2020. This growth signifies the swift development of India’s offshore financial services hub.

This expansion is reflected in the rising number of participants. The count of Fund Management Entities (FMEs) within the international financial center has escalated from eight in March 2020 to 202 today, showcasing a remarkable 25-fold increase.

During the same timeframe, the variety of fund schemes has expanded from less than 10 to 313, illustrating a substantial rise in product offerings and investment strategies.

Funds established in GIFT City have collectively raised $17.34 billion, with approximately $17 billion already put to use.

The statistics indicate that this ecosystem is not only drawing in capital commitments but is also promoting investment activities on a large scale.

A significant share of this capital is concentrated on India. About 85 percent of the deployed funds are allocated towards domestic opportunities, while the remaining 15 percent is invested internationally.

This trend emphasizes GIFT City’s function as a channel for directing international capital into India, while also allowing investors to tap into global markets from a single jurisdiction.

The growth has been bolstered by increasing involvement from both domestic and international fund managers across various asset classes, including private equity, venture capital, and public markets, leading to a more diversified investment landscape within the center.

A Balasubramanian, Managing Director and CEO of Aditya Birla Sun Life AMC Ltd., remarked, “The transformation of GIFT City into a dynamic fund management ecosystem represents a crucial milestone in India’s financial services evolution. For ABSLAMC, GIFT IFSC has offered a solid platform to introduce unique investment solutions, effectively cater to global and NRI investors, and help domestic investors access international opportunities.”

He further stated, “We are dedicated to scaling our offshore assets under management and enhancing our global investment capabilities.”

Vikas Khemani, Founder and Chief Investment Officer of Carnelian Asset Management and Advisors Private Limited, noted, “Our offshore inbound fund based in GIFT City has been functioning seamlessly. We view GIFT City not merely as a portal to India, but as an already thriving international financial center that is experiencing increased engagement from both global and domestic players.

With its rapidly developing infrastructure and favorable regulatory landscape, GIFT City continues to solidify its status as a top-tier global financial hub.”

With ongoing growth in capital, participant numbers, and deployment, GIFT City is progressively establishing itself as a globally integrated fund management center, fostering both inbound and outbound investment flows.