GIFT City is seeing approximately 100 entities register with its financial center every month [1].

This surge in registrations indicates a growing international appetite for the center's regulatory framework and competitive advantages. As more global firms establish a presence, the hub strengthens its position as a primary gateway for financial services in the region.

Sanjay Kaul, Group CEO of GIFT City, discussed the center's momentum during an interview with CNBC TV18 at the IBLA Leadership Collective. Kaul said that the monthly influx of new businesses includes banks, aircraft-leasing companies, and insurance players [1].

"Around 100 entities are registering with the financial centre per month, which includes banks, aircraft leasing companies and insurance players," Kaul said [1].

The growth is reflected in recent specific entries into the hub. For example, CTBC Bank opened its branch at GIFT City on May 13, 2026 [2]. This move marked the first time a Taiwanese bank established a branch within the center [2].

Kaul said the strategic advantages attract these diverse financial entities. The variety of firms—ranging from traditional banking to specialized aviation leasing—suggests a diversifying ecosystem designed to compete with established global financial hubs. The steady pace of registration underscores the center's ability to convert institutional interest into operational presence.

“Around 100 entities are registering with the financial centre per month”

The consistent monthly growth in registrations suggests that GIFT City is successfully transitioning from a conceptual project to a functional financial hub. By attracting specialized sectors like aircraft leasing alongside traditional banking, the center is building a multifaceted financial ecosystem that reduces reliance on any single industry and increases its resilience against sector-specific economic downturns.