Developers and government officials have launched the Million Minds Tech City SEZ IT park to establish a new technology hub in Gujarat [1].

The project signals a strategic shift for the region, moving from an industrial powerhouse toward a destination for Global Capability Centres (GCCs) [2]. By diversifying the IT ecosystem, the initiative aims to reduce the reliance on traditional hubs such as Bengaluru and Hyderabad [3].

Developer Ganesh Housing is leading the project with an investment of ₹15,000 crore [1]. The development is situated within the Ahmedabad–GIFT City–Gandhinagar corridor, a region designed to attract technology-led investments and high-skilled employment [1, 4].

Officials said the Million Minds Tech City is expected to create over 70,000 high-skilled jobs [1]. This growth is supported by partnerships with flexible-workspace providers to accommodate the influx of tech firms. Incuspaze, a flexible-workspace provider, has already leased 60,000 sq ft of office space within the new development [2].

The initiative is driven by a coalition of stakeholders, including the governments of Ahmedabad, GIFT City, and Gandhinagar [1]. The collaboration focuses on building the necessary infrastructure to support large-scale corporate operations, and specialized tech services [1, 4].

This expansion follows a broader trend of India's technology growth shifting toward inland cities to tap into new talent pools and lower operational costs [3]. The corridor is positioned to integrate the financial services of GIFT City with the industrial and administrative strengths of Ahmedabad and Gandhinagar [2].

“The project signals a strategic shift for the region, moving from an industrial powerhouse toward a destination for Global Capability Centres.”

The development of the Million Minds Tech City represents a concerted effort to decentralize India's tech economy. By creating a specialized Special Economic Zone (SEZ) in Gujarat, the government and private developers are attempting to build a competitive alternative to the saturated markets of Southern India, potentially lowering the barrier for international firms to establish GCCs in the region.