Part of the Gujarat International Finance Tec-City
Reliance Capital announced that Gujarat International Finance Tec-City (GIFT), a Government of Gujarat project, has allotted 5 lakh sq ft of space to the Company.The Company was allotted this space in the International Finance Service Centre (IFSC) Special Economic Zone, being set up under the GIFT project. This is the largest space taken by any private sector company in IFSC under GIFT till date.
Reliance Capital plans to set up a host of emerging business - including Alternate Investment Funds, Commodity Exchange Business and other International Business - in the GIFT facility, subject to requisite approvals from the regulators. The company also plans to use a part of its allotted space under GIFT for offering housing for its employees.
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