Who doesn’t dream of an ideal work environment that provides exposure to the global market, improves the quality of life, and offers a next-generation innovative workplace that can enhance career growth and skill development?
If you are also looking for such career opportunities, there is no need to move abroad now. The government of India has established a global hub – Gujarat International Finance-Tech City (GIFT City)- that brings more such opportunities.
GIFT City has generated significant employment opportunities in companies from sectors like banking, financial services, fund management, fintech, IT, ITeS, aircraft leasing, ship leasing and more as of November 2024.
Top Sectors Offering Job Opportunities in GIFT City
Here are the major sectors/participants in the GIFT city and their key activities/areas to understand the potential job/career opportunities:
Major Sectors/Participants | Key Activities/ Areas | Job Opportunities in Gift City |
Banking (Indian banks, foreign banks, NBFCs) | Corporate banking, servicing owned subsidiary/joint venture of Indian companies registered abroad, external commercial borrowings, trade finance, investment, etc. | Branch manager, sales executive, sales manager, etc. |
Asset Management (AIFs, Investment advisors, mutual funds and portfolio managers) | Portfolio management services, custodial services and wealth management services | Investment analyst, fund manager, operations manager, legal counsel. |
Capital Markets (international stock exchanges, depository, clearing corporations, brokers, trading members and intermediaries) | Securities listing and issuance | Research analyst, economist, research associate, and business analyst. |
FinTech | Next-generation technological innovations in the financial world – including Artificial Intelligence, Blockchain, Greentech, RegTech, Insurtech and Open Finance | Data scientist, software engineer, product manager, financial analyst, compliance officer, risk analyst, UX/UI designer, and Cybersecurity Analyst |
Insurance (Indian insurers, reinsurers and brokers, foreign insurers, and reinsurers) | Life and non-life insurance solutions, co-insurance, captive insurance and reinsurance solutions. | Insurance agent, insurance underwriter, claims adjuster, actuary, customer service representative, and insurance investigator. |
Finance Companies | Lending, derivatives transactions, forfeiting of receivables, treasury, investments and more. | Financial analyst, investment banker, financial manager, accountant, financial adviser, cost analyst, portfolio manager, risk manager, budget analyst and Chief Financial Officer (CFO) |
Ancillary Services (Legal and consultancy firms, IT companies) | Legal services, accounting, auditing and taxation services, administration and consulting services | Legal Firms Chief Legal Officer (CLO), legal director, legal manager, legal assistant, compliance officer, patent agent, contract administrator, legal analyst, and litigation lawyer. Consultancy Firms Management consultant, strategy consultant, financial consultant, human resources consultant, IT consultant, operations consultant, marketing consultant, risk management consultant, business analyst and change management consultant. IT Firms Software developer, systems analyst, IT project manager, network engineer, database administrator, cybersecurity analyst, technical support specialist, cloud solutions architect, data scientist, and User Experience (UX) Designer |
BATF | Book-keeping, Accounting, Taxation and Financial Compliance Services | Bookkeeper, staff accountant, senior accountant, tax accountant, tax consultant, financial compliance officer, internal auditor, external auditor, accounts payable specialist, accounts receivable specialist, financial analyst, controller chief financial officer (CFO), payroll specialist and forensic accountant |
Aircraft and Ship Leasing | Operating lease, employment in shipping pools, asset management support services, financial lease and more. | Aircraft leasing Aircraft leasing manager, aircraft acquisition specialist, risk analyst, commercial support assistant, Chief Financial Officer (CFO) and Manager – Aircraft Trading. Ship leasing Ship leasing manager, marine acquisition specialist, marine risk analyst, commercial operations coordinator, fleet manager, technical manager, and financial analyst (shipping). |
Offshore Education Centers | Foreign educational institutes and universities in various subject areas like technology, engineering, financial management and more. | Admissions counselor, academic adviser, registrar, librarian, human resources manager, professor, counselor, administrative assistant, lab technician, residence manager, campus safety officer, assistant professor, dean, and chief academic officer. |
How to apply for jobs in GIFT City?
You can seek jobs for various positions in GIFT City in both foreign companies and offshore units of Indian companies working under the international regulatory framework of IFSC. Here is how you can explore career opportunities in the GIFT City:
- GIFT City website – You can visit the career section of the GIFT City Gujarat website and look for job openings posted. Other than that you can explore the website of licensed entities operating in GIFT City in the specific industry and sector. You can read the job requirements in detail, such as job profile, qualifications required, skills needs, and experience requirements, as well as a detailed job description before you upload your CV and submit an application.
- Online job portals – You can also explore the job opportunities in GIFT City and apply for openings on various job portals, such as Naukri, LinkedIN, Indeed, Simply Hired, etc.
Discover the leading University in GIFT City shaping the future of education and research.
Benefits of Working in GIFT City Companies
Working out of GIFT City, a hub for international businesses, can help you advance your career in many ways. Here are some of the reasons to choose GIFT City for your career:
Global connectivity
With diverse sectors operating in the GIFT City, job market diversity is one of the major benefits for employees or people seeking job opportunities. Many big IT giants like Google, Capgemini, Wipro, TCS, IBM, etc., have established their operations by creating global-level job opportunities for people. Banks, FinTechs, and asset management companies across the world have started their operations in the Gandhinagar GIFT city to leverage the benefits of the streamlined regulatory framework and tax incentives., and huge investments are flowing to India.
Career advantages and professional growth
GIFT City is like a magnet attracting many popular Indian and forxeign companies, companies that focus on innovations and cutting-edge technology in every field. Hence, securing a job in GIFT City can boost your career growth and enhance your skills. The GIFT City also hosts many skill development programs that could help you enhance your skills, and grow in your career.
Rich multi-culture environment
Gandhinagar GIFT City welcomes people from all over the world and respects each culture. This creates a rich multi-cultural environment for people working and residing there, contributing to productivity, skill development, communication, language skills and more.
Quality of life
The world-class infrastructure of Gandhinagar GIFT City provides unmatched convenience for businesses and residents. It features modern infrastructure, smart offices, innovative utility tunnels, waste management, integrated connectivity district cooling systems and more. This can enhance your quality of life. The GIFT City promotes sustainable living and emphasises resource efficiency.
Integrated township
Integrated township in GIFT City allows for reduced commute time to office. But the benefits extend beyond commute to benefits like sustainability in terms of less pollution, and living together in a community.
Conclusion
GIFT City opens the door to opportunities for many Indians seeking global exposure. With many Fortune 500 companies making their way to the GIFT city, career opportunities are rapidly increasing. Knowing in detail about the entities operating in GIFT City and ways to apply can help you secure your dream job in GIFT City.
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