Bloomberg partners with the Government of India, International Financial Services Authority (IFSCA) and Gujarat International Finance Tec-City (GIFT City) for Infinity Forum 2.0
December 07, 2023
Mumbai and GIFT City – Bloomberg today announced its partnership with the International Financial Services Centre Authority (IFSCA), India’s unified regulator for the country’s International Financial Services Centre (IFSC), and Gujarat International Finance Tec-City (GIFT City) for Infinity Forum 2.0.
This is the second edition of the flagship event which will bring together influential policymakers and senior leaders across business and technology to discuss the development of GIFT IFSC as it strives towards its goal of becoming the ‘nerve centre for new age global financial services.’
India Prime Minister, Shri Narendra Modi, will deliver a virtual keynote address; and key speakers at the event include India’s Finance Minister Smt. Nirmala Srinivasan; Chief Minister of Gujarat, Shri Bhupendra Patel; Shri Ashwini Vaishnav, India’s Minister for Railways, Communications, Electronics & Information Technology, among others.
The Forum will focus on the opportunities and challenges ahead as GIFT IFSC continues on its growth trajectory to become a financial market destination of global importance, with a key focus on specialized services including green and sustainable finance, and longevity finance.
“The Infinity Forum is the flagship event of IFSCA and GIFT City through which we aim to showcase the array of opportunities that GIFT IFSC offers to global investors, MNC banks and insurance companies, Indian corporates, SMEs, startups, NRIs and Resident Indians. We aim to unite key stakeholders to explore and advance the biggest innovations in finance and technology, and to develop those ideas into global solutions and opportunities aimed at supporting the Honourable Prime Minister’s Vision for ViksitBharat@2047,” said K Rajaraman, Chairman, IFSCA.
“We are pleased to host the second edition of this flagship event which will set the stage for further development of GIFT IFSC. With a significant growth in volume of financial services, GIFT IFSC is well poised to realise its potential as a new age vibrant financial center, said Tapan Ray, MD & Group CEO, GIFT City.
Nitin Jaiswal, Head of Government Relations APAC, Bloomberg said: “Against the backdrop of this year’s successful G20 presidency, India is in a prime position to chart a course for global FinTech innovation. We are proud to continue our partnership with the Government of India, IFSCA and GIFT City for Infinity Forum 2.0. This Forum promises to bring together some of our brightest leaders as we seek to leverage technology to address some of the most pressing challenges of our times.”
In 2019, Bloomberg and the Government of India announced a partnership to strengthen global investment in India and support the development of India’s International Financial Services Center (IFSC) at the GIFT City. Bloomberg continues to work closely with GIFT City and IFSCA to further strengthen mutual collaboration in this direction.
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