GIFT & Deloitte signs MoU to promote IFSC

India International Financial Services Centre (IFSC) has entered into a Memorandum of Understanding (MoU) with Deloitte Touche Tohmatsu India LLP (DTTILLP) for mutual cooperation in areas related to International Financial Services.

Based in Gujarat, GIFT City is a global business district offering right platform for business opportunities in international and domestic business operations.

GIFT as well as DTTILLP will also cooperate in the training and in organising seminars and conferences on selected topics for enhancement and promotion of the GIFT IFSC.

Speaking about the MoU, Ajay Pandey, Managing Director and Group CEO of GIFT said, “With GIFT IFSC witnessing a substantial growth in the banking, insurance and capital market space, quality professional services would be required to support the establishment of businesses in the IFSC and their growth."

While Abhay Gupte, Managing Partner, Deloitte Touche Tohmatsu India LLP commented, “Establishment of GIFT IFSC is one of the major steps towards positioning India amongst the leading Financial Services Centre in the World. With substantial growth of financial services sector in India, we look forward to this association with GIFT IFSC.”