Gujarat International Finance Tec-City, more commonly known as GIFT City, is India’s first operational smart city and International Financial Services Centre, which has revolutionized Indian tech. The tech hub, which covers an area of nearly 3,300 acres, has successfully attracted over 1,030 registered entities as of early 2026. Recent stats indicate the massive impact created by IT companies in GIFT City, as it has become a home for 38 global banks with an asset base of over $100.14 billion. The monthly average turnovers recorded on international exchanges stand at a staggering $89.67 billion.
The city has recorded its highest global ranking, with GIFT City ranked at 43rd place globally, as per the Global Financial Centres Index. The total commitments raised at GIFT City have crossed $26.30 billion, indicating its popularity as a high-value capital attraction destination. The presence of IT companies in GIFT City is backed by a 99.999% power reliability rate and a 10-year tax holiday. Nevertheless, it is the shift towards high-end AI and fintech technology that has made GIFT City a global contender. In this article, we will examine the top IT leaders in GIFT City and job trends driving this change. So, let’s begin!
Brief on GIFT City (Gujarat International Finance Tec-City)
- Operational Excellence: The city uses a district cooling system, reducing carbon footprint by 30%, and an automated waste collection system, ensuring a clean environment.
- Unified Regulation: The International Financial Services Centres Authority (IFSCA) has emerged as a single-window regulator, ensuring faster business approvals compared to anywhere else in India.
- Financial Powerhouse: Banks in the city have provided almost $20 billion in dollar loans to Indian corporates, thus capturing a significant share in the offshore finance market.
- Smart Mobility: The seamless connectivity provided by the Ahmedabad-Gandhinagar Metro enables efficient travel between tech parks and residential areas.
What Makes GIFT City a Hotspot for IT & MNCs
GIFT City has emerged as a global business destination, attracting top-notch IT companies and MNCs. What makes GIFT City a hotspot is its strategic planning, tax incentives, and world-class infrastructure, which make it a global hub for international businesses. Let’s understand how:
- Tax Benefits & Incentives: Tax exemptions make it a cost-effective destination for setting up global businesses, especially for IT Companies in GIFT City and MNCs.
- World-Class Infrastructure: GIFT City is built with world-class infrastructure, which is a major advantage for businesses.
- Strategic Location: GIFT City is located in Gujarat, with excellent connectivity to major Indian cities.
- Single-Window Clearances: Simplified rules make it easier for businesses to operate.
- Global Business Ecosystem: The presence of international banks, fintech, and IT companies is a major advantage.
Top 10 IT Companies in GIFT City (Sector Leaders) 2026
1. Tata Consultancy Services (TCS)
Tata Consultancy Services, a global IT services leader, was incorporated in 1968 by Tata Sons with F.C. Kohli as the first GM. The company had a revenue of 67,087 crores during the Q3 level of the 2025-26 fiscal year, which is an increase of 4.9 percent in comparison to the previous year. Also, the company has hugely invested in AI services within the GIFT City which has recently recorded a growth rate of 17.3% in constant currency to a point of annualized sales of 1.8 billion dollars.
The company’s development center in IT Companies in GIFT City is a significant part of the company’s 3.8 billion BFSI order book, handling critical digital transformations for global banks. The company is also investing in the AI Sakhi program, training thousands of local professionals in the region in the field of generative AI. With a global employee strength of over 582,000, the company’s campus in GIFT City is a flagship office for the company’s AI strategy in the Asia Pacific region.
- Key Services: AI & data analytics, Cloud, Cybersecurity, Cognitive business operations
- Presence in GIFT City: Large-scale campus in the SEZ, handling global digital transformation
- Why it matters: They lead the export revenues in the city, setting the benchmark in training employees
- Job roles & opportunities: AI developers, cloud architects, cybersecurity specialists, data engineers
- Website Link: https://www.tcs.com/
2. Google
Google was founded in 1998 by Larry Page and Sergey Brin and has since become a global technology giant in search, cloud, and AI technology. Their presence in GIFT City is centered around their Global Fintech Operations Center, which is a strategic move by Google to tap into the fintech talent that is available in India and utilize that talent in their global fintech ecosystem.
As Alphabet has recently announced good Q4 2025 results, its investment in this hub has clearly scaled up to support its AI-based fraud detection and Google Pay expansion into new countries. Google is among the stakeholders in the vision of IT companies in GIFT City to be a global fintech hub by 2047, and they are initiating new projects that will see them integrate Google Cloud into Indian banking systems. Besides that, this hub is also a pivot used by Google in its 10 billion India Digitization Fund that targets high-end fintech infrastructure development.
- Key Services: AI, Fintech, Google Cloud, Data Analytics, Advertising
- Presence in GIFT City: Global Fintech Operations Center
- Why it matters: It puts the city at the heart of the global digital economy
- Job roles & opportunities: Fintech Engineers, Cloud Support, AI Researchers, Operations Managers
- Website Link: https://www.google.com/
3. Infosys
Infosys was founded in 1981 by N.R. Narayana Murthy along with six other engineers. They have registered revenues of $5,099 million in Q3 2026. They have maintained a steady growth rate of 1.7% at constant currency and have set up their office in GIFT City, which is a major center for big deals. Also, they have registered new deals worth $4.8 billion in Q3 2026. They have integrated their “AI-first” platform, Infosys Topaz, into their GIFT City office, which is aimed at delivering hyper-automation services to their international clients.
They have registered new deals in IT companies in GIFT City, which include digital sovereignty and cloud modernization services for major European airlines like Lufthansa Systems. Moreover, they have consistently increased their headcount in GIFT City, thanks to their strong free cash flow of $915 million. Besides, they have ensured that their employees in GIFT City are reskilled, given their focus on tapping into the $12.5 billion Gen AI market.
- Key Services: Blockchain, IoT, Digital marketing, Application modernization
- Presence in GIFT City: Technology and consulting hub in the IFSC zone
- Why it matters: They assist global businesses in shifting towards AI-based business models
- Job roles & opportunities: UI/UX Designers, Blockchain Experts, SAP Consultants, Quality Engineers
- Website Link: https://www.infosys.com/
4. Microsoft
Microsoft was co-founded by Bill Gates and Paul Allen in 1975 and reported a massive quarterly revenue of 81.3 billion in Q2 FY2026, up 17% over the previous year. The company’s presence in GIFT City is a significant investment in AI infrastructure, backed by a global capital expenditure that rose to a record high of $37.5 billion. The IT companies in the GIFT City unit play a critical role in designing the next level of Azure and AI-based cloud infrastructure expansion in the Middle East and Asian regions.
Microsoft has been delivering significant projects, such as the integration of Microsoft Copilot in the region’s financial services sector, as well as developing specialized AI-based data centers that are optimized for GPU workloads. This center plays a vital role in the company’s “Intelligent Cloud” segment, which accounted for a 29% increase in revenues this year, reaching a total of $32.9 billion. Besides, the company’s focus remains on delivering digital transformation services in the cloud infrastructure segment by making the cloud available in the region.
- Key Services: Cloud computing, AI, Machine learning, Business processing
- Presence in GIFT City: High-end engineering and cloud support center
- Why it matters: Their infrastructure is helpful for other IT companies operating in GIFT City.
- Job roles & opportunities: Azure Engineers, AI Specialists, Program Managers, and Technical Architects.
- Website Link: https://www.microsoft.com/
5. HCL Technologies
HCLTech is a company established in 1976 by Shiv Nadar. It has surpassed the $15 billion annualized revenue mark, with a growth rate of 4.8% as of early 2026. Their GIFT City office is crucial for their engineering and R&D segment, which has recorded a robust growth of 10.8% YoY. Their latest major deal is a $473 million, five-year engagement with a leading global apparel retailer as their AI-led technology partner.
Their IT company in the GIFT City office is using their ‘Agentic AI Force 2.0’ platform to transform application landscapes for Fortune 500 firms. Furthermore, they have introduced ‘VisionX 2.0,’ a next-gen multi-modal AI Edge Platform, designed with NVIDIA. HCLTech has recorded $3 billion in net new bookings, making it a major player in the high-tech manufacturing and retail space of GIFT City.
- Key Services: Engineering R&D, AI Force, Software, Cloud Computing.
- Presence in GIFT City: HCLTech has an R&D and digital engineering center.
- Why it matters: HCLTech is a major player because it is an industry leader in ‘Agentic AI’ and hardware-software integration.
- Job roles & opportunities: Embedded Engineers, Full Stack Developers, and AI Factory Leads.
- Website Link: https://www.hcltech.com/
6. IBM India
IBM, incorporated in 1911 and headed by Arvind Krishna, has evolved into a software and AI-first company with an annual revenue of $67.54 billion for 2025. IBM Consulting has expanded its software labs in GIFT City, which will help global clients implement hybrid cloud solutions with their Watsonx AI platform. Their fiscal year 2026 outlook shows 10% growth in their software segment, driven by their cumulative Gen AI book of business that is over $12.5 billion.
New projects in IT companies in GIFT City will include cybersecurity and inferencing capabilities for their 38 banks in IFSC. IBM has also seen its infrastructure revenue increase by 17% recently, driven by its record performance of IBM Z mainframe systems from its Indian hubs. The IBM GIFT City centre is important as they target achieving $15.7 billion in free cash flow by year-end.
- Key Services: Hybrid cloud, Data and AI, Cybersecurity, Business transformation
- Presence in GIFT City: Software labs and advisory services center
- Why it matters: They offer deep enterprise security services to the financial institutions within GIFT City
- Job roles & opportunities: Cloud Security Analysts, Data Scientists, AI Consultants
- Website Link: https://www.ibm.com/
7. Oracle
Oracle was incorporated in 1977 by Larry Ellison, Bob Miner, and Ed Oates. They registered revenues of 16.1 billion USD in Q2 FY2026, which was 14 percent higher than that of the previous year, owing to the escalating demand of their cloud services. Their presence in IT Companies in GIFT City is a powerhouse for the BFSI sector, specifically their Oracle Financial Services Software division, which maintains high net income margins. They have won strategic deals with global commercial banks, equipping their clients with cloud-based analytical tools and their Autonomous Database technology developed in their Indian centers.
Their next major project is building “multicloud” data centers that will incorporate their Oracle databases into AWS, Google, and Microsoft clouds. Also, their Multicloud segment is their fastest-growing segment, growing by an astonishing 817% this quarter, and their GIFT City unit is their primary support engine for their 523 billion USD remaining performance obligation (RPO).
- Key Services: Cloud computing, ERP, Database services, Financial analytical tools
- Presence in GIFT City: Dedicated center for financial services software
- Why it matters: They are the backbone of the “International Finance” part of the city
- Job roles & opportunities: Database Admins, Functional Analysts, Cloud Sales, Java Developers
- Website Link: https://www.oracle.com/
8. Wipro
Wipro was founded in 1945 by M.H. Hasham Premji, and the company declared a revenue of ₹23,556 crore for the third quarter of 2026, with a year-on-year growth of 6%. Their office in IT Companies in GIFT City is a strategic move to sustain their margins with high-end engineering and cybersecurity services. Their latest deals are focused on the ramp-up of the “Phoenix” deal and the integration of the Harman acquisition to strengthen their digital automotive business.
Although the company saw a decline in its net profits, they are still investing in AI technology for digital learning and sustainable technology for global clients. Their presence in GIFT City is for global delivery, mainly for their European clients, where they are seeing a stabilization in their business. Besides, the company declared an interim dividend, reflecting their stable financial condition while they are expanding their AI technology for delivering consulting services in Gujarat.
- Key Services: Cybersecurity, Engineering, Cloud, and Sustainability services
- Presence in GIFT City: Global delivery and cybersecurity center
- Why it matters: Their focus on cybersecurity ensures the safety of global transactions
- Job roles & opportunities: Security Architects, Java Developers, Business Analysts
- Website Link: https://www.wipro.com/
9. DRC Systems India Limited
DRC Systems, established in 2012 by Hiten Barchha, is one of the top-performing homegrown companies with a revenue growth of 60% y-o-y in Q3 FY26, amounting to ₹2,718 lakhs. In GIFT City, they have introduced AI-based learning experience platforms, along with generative AI-based course-authoring engines. Recently, their net profit has increased by 41% with a $1 million investment in expanding their business in the Middle East through their EMEA LLC subsidiary.
New initiatives have also seen a high-profile association with NPCI, along with AI-based WhatsApp chatbots being delivered in the global education sector. With a 30% EBITDA margin, they are one of the most efficient players in IT companies in GIFT City. Additionally, they have acquired a majority stake in Inexture Solutions, a leading Java and Python-based development services company.
- Key Services: Web Development, AI/ML, Blockchain, ERP Solutions
- Presence in GIFT City: Headquarters, Development Center
- Why it matters: They are a symbol of local entrepreneurship in a global hub
- Job roles & opportunities: PHP Programmers, Mobile App Experts, QA Engineers
- Website Link: https://www.drcsystems.com/
10. Capgemini
Capgemini is a multinational company based in France. The company was founded in 1967 by Serge Kampf. The company is expected to increase its revenue by up to 8.5% in 2026, compared to the previous year, based on constant exchange rates. The company has announced that it plans to increase its headcount in IT companies in GIFT City to 1,000 employees. This is in support of its “Intelligent Industry” and “Cloud First” transformation programs. The company’s recent financial results announced a 13.8% increase in revenues in the Asia-Pacific region.
This increase in revenues is mainly due to the financial services sector, as well as the retail sector. In GIFT City, the company is leading the development of digital sovereignty and enterprise AI adoption for European MNCs. Also, the company’s “fit-for-growth” strategy involves a €200 million restructuring effort, enabling the company to pivot towards a new strategy focused on AI consulting and engineering.
- Key Services: Consulting, Cloud, Data & AI, Intelligent Industry
- Presence in GIFT City: Strategic Consulting & Technology Hub
- Why it matters: They have a robust European client base that the Gujarat tech industry needs
- Job roles & opportunities: Management Consultants, Solution Architects, AI Engineers
- Website Link: https://www.capgemini.com/
List of Top IT Companies in GIFT City
GIFT City Companies Job Vacancies & Hiring Trends
The job market is heating up as the city becomes a world-class GCC (Global Capability Centre) hub. The current hiring trends indicate:
- GCC Dominance: The city is home to over 1,700 GCCs, with many of them choosing IT companies in GIFT City as their base to outsource their financial operations, which were earlier conducted in Singapore.
- Fintech Boom: There is an urgent need for skilled personnel who can manage and operate real-time foreign currency settlement systems and remittances.
- AI Reskilling: Companies like TCS and Infosys are looking for people who can manage and operate Gen AI tools and increase output in a “human+AI” workplace.
- Australia-UK Connection: The opening of branch campuses of Australian and UK universities has ensured that fresh graduates enter the job market with global degrees.
- Remote to On-Site: Companies are shifting back to full-time on-site employment models to utilize the high-tech collaboration facilities available in the city.
Sector Breakdown: IT vs Finance in GIFT City
Best IT Employers in GIFT City
These IT companies offer the best of everything that an employee would want in their professional journey and are as follows:
Tata Consultancy Services (TCS)
TCS provides a variety of job opportunities in digital transformation in BFSI. Generative AI development and cloud architecture. TCS’s GIFT City campus is one of the primary locations for their “AI Sakhi” project, creating job opportunities in AI development, data science, cyber security, and more, catering to their global banking clients.
Google, through its Global Fintech Operations Center, provides job opportunities in fintech engineering, AI-based fraud detection, Google Pay, and more. Google hires talent in Fintech product management, cloud support, payment security, and more, driving their India digitization fund projects worth $10 billion.
Infosys
Infosys provides job opportunities in blockchain technology, IoT, and hyper-automation through their “Infosys Topaz” AI platform, among other areas. Infosys’s GIFT City campus is one of their primary locations, creating job opportunities in UI/UX design, SAP, cloud modernization, and more, and driving their international digital sovereignty deals.
DRC Systems
Being a homegrown brand, DRC Systems provides job opportunities in web development, mobile app development, AI/ML model deployment, and Open edX, among other areas. They are actively hiring talent in PHP development, Android/Flutter, and QA automation, among other roles, to support their growing Middle East and European projects.
HCL Technologies
HCLTech provides job opportunities in engineering and R&D, agentic AI, and hardware-software integration, among other areas. Through their presence in IT companies in GIFT City, they create job opportunities in embedded software development, full-stack development, and technical architecture, among others, in developing their next-generation multi-modal AI edge platforms like “VisionX 2.0.”
Conclusion
GIFT City is not only a vision anymore, but it has become a $100 billion asset-heavy reality, changing the contours of India’s engagement with the rest of the world. From the arrival of giants such as Microsoft to the meteoric rise in the 60% revenue expansion of local companies such as DRC Systems, GIFT City is a vibrant and alive ecosystem, providing a world-class environment for IT companies in GIFT City to serve the global markets by utilizing the local talent pool.
With GIFT City rising up the global rankings, it is becoming the ultimate destination for tech professionals and companies, and to be here is to be at the forefront of the future. The growth story for the Smart City of Gujarat is only beginning!
Visit for More Information:
FAQs
1. What are the IT companies present in GIFT City?
The prominent IT companies in GIFT city include TCS, Google, Microsoft, Infosys, HCL Technologies, IBM, Oracle, Wipro, Capgemini, and DRC Systems, among others. These companies leverage the GIFT City advantage as a Global Capability Center (GCC) for handling complex engineering and R&D for their international headquarters.
2. What are the Big 4 companies present in GIFT City?
Deloitte, PwC, EY, and KPMG are the Big Four companies present in GIFT City, providing advisory and audit services, with all of them either already present or holding licenses to operate in IFSC. This ensures the $100 billion asset base of the banking industry is governed by the highest standards of regulation and compliance.
3. How many companies are present in GIFT City?
As of 2025, there are around 82 to 409 registered entities with operations in the GIFT City ecosystem across different industries, such as banking, insurance, and fintech. This number is up nearly fivefold since 2020, reflecting the massive appeal of GIFT City as a tax-efficient gateway for global capital.
4.Is GIFT City better than Bangalore for the IT industry?
Although Bangalore is the start-up capital, GIFT City has much better infrastructure, a 20-year tax holiday, and a “finance and AI-only” ecosystem, which are not currently offered by the traditional metros.