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Metro Link to GIFT IFSC to Boost Job Creation and Biz Opportunities: Dr Niranjan Hiranandani

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GIFT City has the potential to create 500,000 direct and an equal number of indirect jobs which would require 62 million square feet of office and residential space. The Union government finally grants nod to the second phase of Ahmedabad metro which shall connect up to Gandhinagar. This includes a 6km Long Branch line connecting GIFT city at Gandhinagar with the Ahmedabad metro phase II. This is welcome stepped lauded by all the stakeholders be it citizens or the industry players on extending the much-awaited direct and interrupted connectivity to the business hub at GIFT CITY. GIFT City has the potential to create 500,000 direct and an equal number of indirect jobs which would require 62 million square feet of office and residential space. In line with similar leading Global Financial Centres, GIFT City has a target of 6 to 8 per cent share of the financial services potential in India, and we need to understand the importance of the Ahmedabad Metro second phase linkage through