2. "The vision of Gujarat would be
incomplete without capitalising on the
in-house financial business acumen.
To tie-up with technology, to create a hub
complete with infrastructure, to meet the needs of
modern Gujarat, modern India and to create a space in
the global financial world… that is my dream"
Shri Narendra Modi,
Chief Minister, Gujarat
01
3. India's Potential: Financial Services/ITeS
The Growth of India’s Financial
No. of Jobs
(Thousands)
Value add to GDP
(USD Billion)
Market Capitalisation
(USD Billion)
Services/ITeS Sector
How to unlock the potential?
Core 2,750-2,900 30-35 175-190 India is not able to fully realise its
Financial
Services
The last decade has seen an unprecedented vast potential in financial services
7,400-7,600 240-250 1,150-1,250
growth in India's financial services sector. It because our cities do not have the
required infrastructure. If India wants
Capital
Markets &
4-5 ~1 6-7 employs over 3 million people, constitutes to compete with international
financial hubs, our cities will have to
Trading 19-20 8-10 65-75 about 5% of the GDP and has an estimated provide global standards in
80-90
market capitalisation of over USD 200 billion. infrastructure, office space, internet
and telephone connectivity and
IT for 500-600 14-18
Financial 300-350
lifestyle opportunities which would
2,000-2,200 100-120
Services As India experiences continued economic growth, the financial attract top talent.
sector could generate about 10 million jobs and a GDP contribution
175-225 3-4 11-16 Gujarat; an ideal destination for
ITeS/ BPO for of USD 350 to 400 billion by 2020. With sustained growth and rapid
Financial realising this dream
750-850 25-35 100-150 development in technology and infrastructure, an increasing share
Services
of financial services would get centralised. McKinsey market Time and again, Gujarat has proved
assessment report estimates potential of about 6 million itself to be one of the fastest growing
3,500-3,700 50-55 275-325
states in the country with more than
centralised jobs across multiple services.
Total 10,000-11,000 375-425 1,600-1,800 10% average GDP growth during the
past six years. It leads in chemicals,
Several developed countries have successfully established high- petrochemicals, pharmaceuticals,
Source: McKinsey & Company cement, ceramics and diamond
2007 2020 tech financial hubs, which over time have evolved as international
industries. Gujarat contributes 30% to
financial service centers. These centers provide suitable regulatory
the Stock Market Capitalisation, 16%
regimes and create business environment to promote talent and to country's total output and 19% to
increase capital flow. As they develop, they create significant exports. Recent studies show that
economic value for their domestic economies; London and New Ahmedabad and Gandhinagar are
the favoured destinations to migrate
Employment Potential at GIFT York account for 10% of the GDP and about 5% of jobs. Emerging
in India because of good urban
financial service centers like Singapore and Hong Kong have infrastructure, business friendly
achieved similar levels of concentration of economic activity in a environment and good living
Financial Services Estimated No. of Jobs short period of time. conditions.
(Thousands) by the year 2020
Financial Services Operations 125-150
Core
Financial Financial Services Corporate Centre 100-125
Services
Select Product Markets 10-15
Capital Markets & Trading 2-4
IT for Financial Services 200-225
ITeS for Financial Services 75-100
Total 500-600
Source: McKinsey & Company
02 03
4. GIFT: Gujarat's gift to India and the World ASSOCIATES
A team of some of the best names in the business has been put together
GIFT aspires to cater to India's large financial services potential by offering global firms a world-class for the planning and designing of GIFT
infrastructure and facilities. It aims to attract the top talent in the country by providing the finest quality
of life. It is estimated that GIFT would provide 5,00,000 direct and an equal number of indirect jobs
which would require 90 million square feet of real estate office and residential space. Design and Architecture
Fairwood India Pvt. Ltd. East China Architectural
The Backbone (Lead Member) Design Institute
Fairwood
To develop and implement the Project, the Government of Gujarat through its agency Gujarat Urban Consortium of Fairwood India Pvt. Ltd. and East China Architectural Design Institute
Development Company Limited (GUDC) and Infrastructure Leasing & Financial Services Limited
(IL&FS) have established a 50:50 joint venture Company, “Gujarat International Finance Tec-City
Talent Demand Assessment Real Estate Assessment Market Demand Assessment
Company Limited” (GIFTCL).
Gujarat Urban Infrastructure Leasing & Financial Services Hewitt Jones Lang LaSalle Meghraj McKinsey&Company
Development Company Limited (IL&FS)
Limited (GUDC)
GUDC
Legal Consultant Environmental Aspect ICT Advisory Services
GUDC facilitates urban development by assisting the state IL&FS is the foremost infrastructure company in the country
government in formulation of policy, institutional capacity which has catalysed over USD 8 billion of infrastructure Environment
building, project implementation, and in raising funds from projects and is currently developing several innovative Luthra&Luthra
Law Offices British Telecom
multilateral agencies for urban projects. projects. Like GIFT, most of its projects are in Public-Private IL&FS Ecosmart Limited
Luthra and Luthra Law Offices
Partnership (PPP) format. IL&FS also provides consultancy
www.gudcltd.com in IT, financial, environmental, water management,
education and a host of other services. It employs more than
3,000 people.
Infrastructure
www.ilfsindia.com IL&FS Infrastructure Development
Corporation Limited
04 05
5. The Location The Concept GIFT's proposition includes
GIFT: The Magnificent Coliseum in Making the following:
The project has been located on the The Project has been globally l urban planning
Robust
Recognising the potential of the State as a centre for the financial services industry, bank of the river Sabarmati and is benchmarked with International l form and façade, attractive skyline
Urban
the Government of Gujarat formulated GIFT to realise this vision. Land between about 12 kms from Ahmedabad Financial Centers. GIFT is planned to l of self-sustainable city
Concept
International Airport, and 8 kms from be a hub for IT/ ITeS for Financial
Ahmedabad-Gandhinagar region has been identified to create a Central Finance Gandhinagar. GIFT will have easy
l
Intelligent transportation system
Services and other multi-services
Business District (CFBD). The land of CFBD will subsequently be expanded and access from all directions through 4-6 sectors.
l cooling system
District
surrounded by Institutional Areas, Knowledge Parks and Integrated Townships. The lanes State and National Highway. l
River front
CFBD is presently planned in 550 acres of land. The project regenerates an ideal l
Technology backbone for a tech-finance
hub
blend of high quality residential, commercial and open space facilities that optimise
l
Data centers
land and real estate values, global connectivity and gen-next infrastructure.
l conservation measures, low per
Energy
capita energy consumption
l
Comprehensive water management plan
l
Integrated township with the best of
social and physical infrastructure
ldevelopment programme
Talent
Gandhinagar
Ahmedabad
GANDHINAGAR
-8
R
NH
VE
RI
I
AT
RM
BA
ECOPOLIS
SA
Parcel 2
ECOPOLIS
Parcel 1 GIFT
Knowledge
City
S. P
.R ING
ROA
D NARMADA MAIN CANAL
SARDAR VALLABHBHAI
PATEL INTERNATIONAL AIRPORT
AHMEDABAD
AHMEDABAD
RAILWAY STATION
06 07
6. The Blueprint of Success The Visionary Skyline
A necklace of artistically designed high rises with their glittering glass
Fulfillment of Maintenance of ecological
human needs for integrity through facades located on the curve of the River Sabarmati provides GIFT its
unique skyline.
Clean Low Energy
Environment Consumption
500 M 500 M
400 M 400 M
Professional
City Management
Food & Shelter 300 M 300 M
200 M 200 M
100 M 100 M
Education
0M 0M
Efficient Waste The Fortune Island
Art & Culture Management and
Discharge The heart of the city is the Fortune Island, created by
the River Sabarmati on one side and Dream River on
the other. It will house the tallest tower of the city-
the Diamond tower and the shortest- the Convention
Green Spaces, center. It will have 8 Museums showcasing the history,
Employment Protection of Natural art, culture and socio-economic life of Gujarat.
Vegetation, Water Bodies
Land Use BUA Above Ground-
92 Million sq ft
CBD - Central Business District shall
have three main components: 23% Residential
60% Commercial
l
Residential and commercial 2% Hotel
l
Large open space, water bodies 5% Retail
and public areas 9% Public Building
l Public and Semi-public
Several 1% Recreation
(PSP) facilities
BUA Basement-
52 Million sq ft
Total- 144 Million sq ft
08 09
7. The Iconic Buildings
The Diamond Tower The Gateway Towers The Crystal Towers Convention Center
The Diamond Tower, located on the The tall archways of the Gateway The glowing Crystal Towers are one of It has several halls, auditoriums and an
beautiful Fortune Island, symbolises Towers frame the majestic Diamond the most beautiful buildings of the city opera with capacity exceeding 10,000.
Gujarat's flourishing diamond industry. Tower and create a picture perfect skyline. Synonymous with their Its design is inspired by Salt Crystals
Designed to portray the elegant edges setting. Straddling the main avenue of names, the four office Crystal Towers and Dandi march.
of diamond facets, each floor of the the city, the Gateway Towers have have beautiful terrace gardens and Built-up Area: 6.5 Million sq ft
tower is different and yet uniquely elaborate terrace gardens and rooftop offer a spectacular view of the Dream
forming one large whole. The restaurants. The Gateway Towers River, Diamond Tower and the
Diamond Tower will be the tallest draw design inspiration from Buland Convention Center.
building in India. Darwaja and herald India's arrival in Built-up Area: 8.5 Million sq ft
Built-up Area: 4.29 Million sq ft the new millennium.
Built-up Area: 7.3 Million sq ft
Transport Node
The Transport Node is the urban hub of
the city. The complex is designed with
hotels, malls, theaters, food streets
and multi-dimensional transport
stations.
Built-up Area: 5.4 Million sq ft
The River Front
Designed to woo, mesmerise and
entertain the visitors, the river front will
be dotted with restaurants, craft
bazaars, leisure activities to provide an
evening of fun and relaxation in a
serene ambience.
Built-up Area: 2.5 Million sq ft
10 11
8. External Transport Connectivity Transport
Vision
A grid of six external connectivity gateways to GIFT from National Highway-8 and Ahmedabad-
Gandhinagar State Highway has been created, and the Bus Rapid Transport System (BRTS) is being l
Segregating vehicular &
extended by Ahmedabad Municipal Corporation. The Metro Rail Transport System (MRTS) connecting pedestrian movement
Gandhinagar, Ahmedabad and GIFT is being taken up by the Government of Gujarat. loriented development
Transit
where people walk-to-work
lsplit of 10:90 between
Modal
private and public transport
l for zero accident city
Aiming
Transport Components
l roads (2/4 lane) for
Surface
pedestrians & emergency vehicles
l roads - underground
Recessed
for motorised vehicles
l
River tunnel
l
Bridges
ltransport system
Public
(BRTS/ MRTS)
l transport system
Intelligent
5000
l
Two transit hubs
l walkways
Elevated
l
Four external parking hubs
5000
l
Independent logistics center
Personalised Rapid Transport
10000
5000
System (PRTS)
CROSS SECTION THROUGH LIVING BRIDGE PRTS PODS
l
Automatic personalised driver-less
pods
l on demand: 24 x 7
Available
l travel direct to
Non-stop
destination
Transit Oriented Development
(TOD)
Transit oriented development (TOD)
RIVER TUNNEL TRAVELLATOR shall be concentrated near transit
nodes to make travel convenient for
people through multimodal transport.
LIVING BRIDGE SIGNATURE BRIDGE Each transit node also offers hotel &
office with commercial facilities. It
To Gandhinagar shall enhance walk-to-work concept.
H 8
To N
Transit Station
MRT Route
Boulevard Street
Underground Vehicular Road
To Ahmedabad
Entry Exit Point
TRANSIT ORIENTED DEVELOPMENT (TOD)
13
9. Water Supply and Sewage System Power Information and Communication District Cooling System
l
Total water requirement: 20 MGD l
Underground cabling for power distribution within GIFT Technology l through economies of scale
Efficiency
l Narmada main canal
Source: l
Substation and distribution automation (ICT) l energy costs up to 30%
Reduces
l and reuse of wastewater
Recycling l
Gas Insulated Switchgears (GIS) substation for sub- l maintenance costs
Reduces
l harvesting
Rainwater transmission and distribution GIFT will offer leading-edge infrastructure, services and l air quality and temperature control
Improves
l
24 x 7 water supply l reliability: 99.999%
System platforms and offer financial services enterprises, a l noise and vibration
Reduces
l of zero discharge city
Concept i.e. outage of 5.3 min per annum significant competitive advantage to operate regionally l
Total estimated capacity: ~ 3,25,000 TR
l water front by construction of three barrages
Perennial and globally.
on river Sabarmati
l
Landscaped promenade at the river bank along GIFT GIFT occupants would have access to following pre-
enabled on demand ICT Services.
B1 TO G
AND
HIN Road
AGA
R Infrastructure
ID
• High speed fiber network
• Diverse local and
A international connectivity
PUMP STATION
IB • Pervasive wireless and Cold Water Supply
B2 mobile network Hot Water Return
• Data centers
GIFT Service Trenches
10
Platforms
5
KM
• Financial extranets l
A common underground service corridor for all utilities
Road
B loptimisation
Space
• CUG to exchanges
7
l maintenance
Ease in
8
NH
• Voice
L • Industry specific platforms
B3
SABARMATI RIVER
• City e-portal
• Sensor networks
• IPTV
• Internet gateway
Solid Waste Management Services
l
Automated Waste collection System (AWS) through • Data
chute system
• Voice
ltreatment through plasma technology
Waste
l impact on health
Minimise • Wi-Fi
lsucked through pipes at a speed of 90 kms/hr
Waste • Tier-IV data centres
l human intervention
Minimise
• Business continuity
l space requirement
Minimise
• Security
• High-speed internet access Small Medium
Enterprises
• Monitoring
es
Bus ncial
Resid
WAN IPTC
n s
ie s
Fina
Data
ents
Data Fibre Voice
Centre
Cellular Extranet
IB
National Voice
es
Vis vic
i to Ser
rs ty
Ci
14 15
10. Implementation Framework/ Opportunities
Public Private Partnership Corporate Social Responsibility
In line with PPP philosophy, the Project encourages Talent Development
significant private sector participation. To upgrade the identified skill gaps, a dedicated programme
involving private sector participation is being pursued by
Unbundling the Components setting up the following entities/ programmes:
l
Nodal agency for talent development
Core Infrastructure l schools
Finishing
Site development and basic infrastructure would be l schools
Training
contracted out by GIFTCL inducting the latest in l city development
Education
construction technology. l education and infrastructure development
School
Utilities Construction Skill Development and Welfare
Special Purpose Vehicles (SPVs) have been setup to The Company has started a special multi-agency
implement the critical utility components through major programme at skill upgradation of workers. This would help
private sector participation. generate employment for the local and the tribal people
which would lead to betterment of safety, health and
l
GIFT District Cooling Systems Limited environmental practices for the workers and their families. A
l
GIFT Water Infrastructure Limited separate township is being developed for construction and
l
GIFT Waste Management Services Limited other site workers.
l
GIFT Transport Infrastructure Development Limited
l
GIFT Power Company Limited
l Services Limited
GIFT ICT
Real Estate
GIFT offers real estate packages in the form of shell,
furnished, plug and play or press and play spaces.
Uniformity of design and aesthetics would be maintained.
To facilitate developers, GUDC has been designated as
the single-window Area Development Authority. A
separate building code is being written for GIFT.
16
11. Gujarat International Finance Tec-City Company Limited
3rd Floor, 'A' Wing, Khanij Bhavan,
Near University Ground, 132 feet Ring Road, Vastrapur,
Ahmedabad 380 052, Gujarat, INDIA
Tel: +91 79 2791 2511 / 2791 2518 Fax: +91 79 2791 2516
E-mail: query@giftgujarat.in
www.giftgujarat.in