Easing of liquor policy for GIFT City to boost hospitality, investments

As Gujarat positions Gujarat International Finance Tec-City (GIFT City) as India’s global financial hub, the state government has further eased liquor consumption rules within the enclave, signalling a pragmatic shift aimed at attracting multinational firms and investments, and ensuring hospitality growth.

- ANEEKA CHATTERJEE

The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility. Industry stakeholders see the changes as part of a broader effort to align GIFT City’s social and business environment with international expectations.

Anant S yer, director general of the Confederation of Indian Alcoholic Beverage Companies (CIABC), said the relaxation would help attract global companies and professionals. “When we talk about India integrating into a global village, we need to provide world-class infrastructure and services. Progressive steps like these make that possible,” he said, adding that the move would boost investments, job creation, hospitality, MICE (meetings, incentives, conferences, and exhibitions) activity, and tax revenues for the state.