12.07.2015 Views

Gujarat International Finance Tec-City (GIFT) proposal in India - PRT ...

Gujarat International Finance Tec-City (GIFT) proposal in India - PRT ...

Gujarat International Finance Tec-City (GIFT) proposal in India - PRT ...

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Need for <strong>F<strong>in</strong>ance</strong> <strong>City</strong> <strong>in</strong> <strong>India</strong>• Follow<strong>in</strong>g sectors have been acknowledged as high growth for <strong>India</strong>:• F<strong>in</strong>ancial Services• IT/ITeS• BPO/KPO• As per McK<strong>in</strong>sey Study by 2020, :• The sector could provide a potential 10 million to 11 million jobs• About 800 mn sq ft of office space• GDP contribution could outperform at a rate of 15 to 20 per cent• Opportunities are constra<strong>in</strong>ed:• Infrastructure t bottlenecks• Overcrowded Cities• Solution: Sett<strong>in</strong>g up Self‐susta<strong>in</strong><strong>in</strong>g Cities33

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