Overview A delegation from Gujarat International Finance Tec-City (GIFT City) , along with officials from the International Financial Services Centres Authority (IFSCA) , will attend the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland , from January 19 to 23, 2026 . The visit aims to showcase GIFT City's capabilities and attract investment. Key Developments GIFT City's Activities GIFT City has reported significant activity across various sectors: International Banking Fund Management Fintech Asset Leasing Global Capability Centres (GCCs) International Education Discussions at WEF The delegation will engage with business leaders, investors, and policymakers. Key discussion areas include: Financial Services Banking Technology Fintech Institutional Investment Multinational Corporations Focus Areas The primary focus will be on: Collaboration Capital Flows GIFT City's role for firms seeking to operate in and through India GIFT City's Strengths The delegation will highlight GIFT City's: Infrastructure Regulatory Framework Talent Base Statements Sanjay Kaul , Managing Director and Group CEO of GIFT City, stated that India's economic journey is attracting significant interest in its financial markets. He emphasized that GIFT City can serve as a gateway for capital and capabilities into India. UPSC Relevance GS Paper 3: Economy This news is relevant to GS Paper 3 (Economy) , specifically focusing on the development of financial infrastructure and investment promotion. GIFT City is a key initiative to attract foreign investment and promote financial services in India. GS Paper 2: International Relations The participation in the World Economic Forum (WEF) is relevant to GS Paper 2 (International Relations) , as it highlights India's engagement with global economic forums and its efforts to attract international collaboration and investment. Key Takeaways for UPSC Understand the role and functions of GIFT City . Know the mandate of IFSCA as a unified regulator. Recognize the significance of WEF as a platform for global economic discussions. Analyze the potential impact of GIFT City on India's financial sector and economy.