Gujarat Colleges Pin Hopes on GIFT City Amid Tough Job Market

Engineering institutes in Gujarat are turning to GIFT City for campus placements, as global banks, information technology services firms, fintech companies, and Global Capability Centres expand their presence in India's first operational international financial services centre (IFSC).

- Pratishtha Bagai

By offering tax breaks and global-standard regulations, the smart city has emerged as a corporate hub, creating placement opportunities for local institutes that once depended on recruiters from metros such as Mumbai, Bengaluru, or Hyderabad.

Many multinational firms, including HSBC, Graviton Research Capital, Oracle, Technip Energies, Tech Mahindra, Tower Research Capital, and Fintech Global, have opened new offices in the financial centre and are actively tapping local talent pools, according to placement coordinators at local institutes.