Global Treasury Centres (GTCs)

The GTC in GIFT City IFSC represents a strategic initiative by the Indian Government to foster the growth of financial services on par with leading global financial hubs. The GTC framework in GIFT IFSC aims to bring financial services and transactions that are currently carried out in offshore financial centres by Indian corporate entities as well as by overseas branches or subsidiaries of financial institutions to IFSC in India.

Establishment of a GTC in GIFT IFSC allows corporations to manage their global treasury operations such as foreign exchange and risk management, asset management, and advisory related to mergers and acquisitions etc. It offers a business environment comparable to other global financial centres – with the added advantage of competitive cost structures, tax benefits and a simplified regulatory regime.

By enabling the GTC framework in IFSC, conglomerates now have the ability of managing their treasury operations more effectively.