Gujarat: CM Patel inaugurates brand-new development center of Infosys at GIFT city
The News Mill
Gujarat Chief Minister Bhupendra Patel, while inaugurating the brand-new Development Center of Infosys at GIFT City, reaffirmed the State Government’s commitment to advancing the AI industry by implementing artificial intelligence-based systems across the state. He mentioned that the establishment of an AI Centre of Excellence at GIFT City is focused on creating a unified platform that brings together business developers, experts, analysts, and startups under one roof. The newly operational Development Center of Infosys at GIFT City will specialize in providing advanced financial technology solutions under the FinTech framework. It will also emphasize global services and innovation, offering cutting-edge analytics, machine learning, and AI-driven insights tailored for banking institutions. The center will also deliver transparent and secure solutions for digital payments, smart contracts, and asset tokenization. With an investment of Rs32 crore, the Infosys Development Center is projected to generate employment opportunities for over 1,000 professionals, as further detailed in the release. Expressing gratitude to Infosys for establishing this Development Center in Gujarat, Chief Minister Bhupendra Patel praised GIFT City, envisioned under the leadership of Prime Minister Narendra Modi, as the nation’s technology and fintech hub, hosting numerous leading global IT, fintech, and technology companies. He also highlighted the transformative impact of the Digital India Mission spearheaded by Prime Minister Narendra Modi over the past decade. Under the Prime Minister’s guidance, various initiatives and policies have been launched to provide focused impetus to IT-enabled industries, semiconductors, and the electronics sector. The Chief Minister emphasized that Gujarat is well-positioned to lead in positioning India as a soft power leader and a knowledge-based economy. He also acknowledged the significant role played by Infosys founder Narayana Murthy in establishing “iCreate,” an organization dedicated to nurturing innovation among the youth in the state. At the event, Infosys CFO Jayesh Sanghrajka shared insights into the company’s growth journey, highlighting Infosys’ establishment in 1981 as a global leader in consulting and IT services. With a wealth of experience in managing systems and processes for international businesses, Infosys currently serves clients in 56 countries and maintains a robust workforce of over 320,000 employees worldwide. Sanghrajka further noted that Infosys was named one of the best employers in India in 2024 and has consistently ranked among the top 50 large companies in the country for women to work for the fourth consecutive year. Also present at the event were Principal Secretary of the Department of Science and Technology, Mona Khandhar, IFSCA Chairperson K. Rajaraman, Infosys Senior Vice Presidents Rajneesh Malviya and Niladri Prasad Mishra, and Director of ICT & e-Governance, Government of Gujarat, Kavita Shah, along with other dignitaries.
