JPMorgan In Talks With More Than 100 Multinationals About GIFT City Treasury Operations
By Amit Chowdhry ● Jul 17, 2026
More than 100 companies have approached JPMorgan Chase to explore banking and payment services for corporate treasury operations in India’s Gujarat International Finance Tec-City, reflecting growing multinational interest in the country’s international financial hub, according to Bloomberg. The discussions involve potential activity over the next 12 to 18 months. Companies considering operations at GIFT City include multinational corporations, insurance companies, and financial technology businesses seeking more efficient ways to manage liquidity, borrowing, and cross-border payments.