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Key Points

Gujarat has taken a significant leap in technological innovation with the inauguration of Infosys's new Development Center at GIFT City. Chief Minister Bhupendra Patel emphasized the state's commitment to advancing AI and digital transformation, aligning with Prime Minister Narendra Modi's Digital India vision. The center represents a strategic investment in financial technology, promising over 1,000 job opportunities and cutting-edge solutions in analytics and machine learning. This development underscores Gujarat's emerging role as a key technology and fintech ecosystem in India.

Key Points: Modi's Vision Meets Infosys AI Hub at Gujarat's GIFT City

  • Infosys launches Rs32 crore AI center creating 1,000 job opportunities
  • GIFT City emerges as national technology and fintech hub
  • Center focuses on advanced financial technology solutions
  • AI excellence platform brings together developers and startups
3 min read

Gujarat: CM Patel inaugurates new development center of Infosys at GIFT city

Gujarat CM Bhupendra Patel inaugurates Infosys Development Center, highlighting AI innovation and technological transformation at GIFT City

"The definition of technology has transformed over the past decade - Bhupendra Patel, Gujarat CM"

Gandhinagar, June 7

Gujarat Chief Minister Bhupendra Patel, while inaugurating the new Development Center of Infosys at GIFT City, reaffirmed the State Government's commitment to advancing the AI industry by implementing artificial intelligence-based systems across the state.

He stated that the establishment of an AI Centre of Excellence at GIFT City is aimed at creating a unified platform that brings together solution developers, experts, professionals, and startups under one roof.

According to the release, the newly operational Development Center of Infosys at GIFT City will focus on delivering advanced financial technology solutions under the FinTech framework. Additionally, it will place a strong emphasis on global services and innovation.

In addition, the centre will provide advanced analytics, machine learning, and AI-driven insights specifically tailored for financial institutions. It will also focus on delivering secure and transparent solutions for digital payments, smart contracts, and asset tokenization. Established with an investment of Rs32 crore, the Infosys Development Center is expected to create employment opportunities for over 1,000 professionals, further mentioned in the release.

Expressing his gratitude to Infosys for establishing this Development Center in Gujarat, Chief Minister Bhupendra Patel stated that GIFT City--envisioned under the visionary leadership of Prime Minister Narendra Modi--has emerged as the nation's hub for technology and fintech, hosting several leading global IT, fintech, and new-age technology firms.

He further added that the definition of technology has transformed over the past decade as a result of the Digital India Mission launched by Prime Minister Narendra Modi. Under the Prime Minister's leadership, several policies and missions have been initiated over the past 11 years to give focused impetus to IT-enabled industries, semiconductors, and the electronics sector.

The Chief Minister stated that Gujarat is fully prepared to lead in positioning India as a soft power leader and a knowledge-based economy. He also recalled the significant role played by Infosys founder Narayana Murthy in establishing "iCreate," an institution dedicated to guiding youth in the field of innovation in the state.

On the occasion, Infosys CFO Jayesh Sanghrajka highlighted the company's growth journey, noting that Infosys, a global leader in consulting and IT services, was founded in 1981.

With over four decades of experience in managing systems and processes for global enterprises, Infosys today supports clients in 56 countries and has a strong workforce of over 320,000 employees worldwide.

He further mentioned that in 2024, Infosys was recognized as one of the best employers in India and, for the fourth consecutive year, ranked among the top 50 large companies in the country for women to work.

On this occasion, Principal Secretary of the Department of Science and Technology, Mona Khandhar, IFSCA Chairperson K. Rajaraman, Infosys Senior Vice Presidents Rajneesh Malviya and Niladri Prasad Mishra, and Director of ICT & e-Governance, Government of Gujarat, Kavita Shah, along with other dignitaries.

- ANI

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Reader Comments

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Rahul P.
This is fantastic news for Gujarat's tech ecosystem! 🚀 GIFT City is truly becoming India's answer to global fintech hubs. As an Ahmedabad resident, I'm excited to see more job opportunities coming our way. Hope the state government ensures proper skill development programs to prepare local youth for these high-tech jobs.
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Priya M.
While I appreciate Infosys' investment, I hope they focus on quality jobs rather than just quantity. Many IT companies promise thousands of jobs but most end up being low-paying BPO roles. Gujarat deserves better - we need high-value R&D positions that can compete with Bengaluru and Hyderabad.
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Amit K.
Gujarat's progress in tech is impressive! From being known for business and manufacturing to now leading in fintech - what a transformation. The ₹32 crore investment is just the beginning. Hope other states learn from Gujarat's model of creating specialized economic zones like GIFT City.
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Sanjay V.
Good initiative but the government should ensure this doesn't become another real estate play. GIFT City needs to focus on actual tech innovation, not just fancy buildings. Also, hope they include local startups in this ecosystem rather than just catering to multinationals.
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Neha T.
As someone working in fintech, this is exciting! AI in financial services is the future and having a center of excellence in Gujarat will help bridge the gap between traditional finance and new technologies. Hope they collaborate with local universities for talent pipeline.
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Vikram J.
While we celebrate this development, let's not forget the digital divide in our state. Hope the government ensures that the benefits of such tech advancements reach smaller cities and rural areas too. Digital India should be inclusive India!

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