Social ,17 Jun 2025

Infosys Opens TechFin Hub in GIFT City to Serve Global BFSI Clients

In a bold step to strengthen India’s position in global financial services, Infosys has inaugurated a TechFin development centre at GIFT City (Gujarat International Finance Tec-City) in Gandhinagar. Officially launched on June 7, 2025, the new centre marks a $4.3 million (₹32 crore) investment and aims to house over 1,000 employees operating in a hybrid work model.

 

Why GIFT City?

GIFT City is India’s first greenfield international financial services hub, offering SEZ and IFSC incentives like lower taxes, single-window clearances, and world-class infrastructure. Infosys’s entry will place it alongside existing global players like Cognizant, Google, IBM, Bank of America, and more.

 

Hub Highlights & Tech Focus

Infosys’s GIFT City centre is purpose-built as a TechFin hub, targeting global BFSI clients with solutions in:

1. Digital banking
2. Trade finance
3. Capital markets
4. Payments and cards
5. Risk, compliance & regulatory tech
   Powered by AI/GenAI, cloud, cybersecurity, APIs, blockchain, and data analytics.

 

Scale & Job Creation

1. A modern workspace for 1,000+ tech professionals working in hybrid mode.
2. Chief Minister Bhupendra Patel underscored its role in strengthening Gujarat’s AI ecosystem and nurturing a knowledge-based economy.
3. Infosys CFO Jayesh Sanghrajka referred to this as a strategic push to lead fintech innovation globally.

 

Strategic Advantages for Infosys & India

This move aligns with a broader wave of FinTech and TechFin expansion by IT giants. Together with peers like Wipro, Infosys is helping establish GIFT City as a global fintech hub. Over 50,000 jobs are expected to emerge in the next five years—across financial services, technology, and startup ecosystems.

 

What It Means for the BFSI Tech Landscape

1. Closer client engagement: Embedding development, compliance, and support within IFSC elevates proximity to global BFSI firms.
2. Scale and delivery efficiency: A 1,000-strong hybrid team enables rapid development and deployment of digital banking, fintech, and regulatory products.
3. Ecosystem leverage: Benefits from SEZ incentives, global connectivity, and a growing base of fintech startups and accelerators.

 

The Road Ahead

1. Expect deep collaboration with global banks, insurance firms, and exchanges in IFSC space via APIs and blockchain.
2. Regional AI Centre of Excellence: Inspiring innovation among startups and research labs.
3. Cross-company synergy: Likely co-working and partnerships with firms like Google, IBM, and Cognizant within the GIFT ecosystem.

 

Conclusion

Infosys’s new TechFin centre in GIFT City positions the company at the heart of global fintech delivery—blending AI, cloud, blockchain, and financial services under one roof. It’s a transformative move: boosting local job creation, reinforcing India’s fintech leadership, and enabling Infosys to deliver scalable, next-gen financial solutions globally.

This centre firmly places India—and specifically GIFT City—on the world’s fintech map.