GIFT City Secures ISO Certification for Environmental Management

21 Mar 2025 CW Team

The ISO 14001 certification is a globally recognised benchmark for organisations that integrate environmentally responsible practices into their operations. This achievement highlights GIFT City's structured approach to reducing its environmental footprint across planning, construction, operations, and maintenance. With this, GIFT City sets a precedent as a financial hub that prioritises sustainability while fostering business growth.

Tapan Ray, MD & Group CEO of GIFT City, said, ""Achieving the ISO 14001 certification reflects GIFT City's commitment to building a future-ready finance and technology hub with sustainability at its core. By embedding global environmental standards into our operations, we are not only ensuring compliance but also driving responsible growth that aligns with international environmental, social, and governance (ESG) goals.""

As India’s first operational smart city, GIFT City has incorporated eco-friendly innovations such as the District Cooling System, Automated Waste Collection, and a Utility Tunnel—features that have set new standards for sustainable urban development in India. These innovations help GIFT City in balancing business expansion with environmental responsibility.

GIFT City has been gaining momentum as a preferred destination for global financial institutions, fintech firms, and multinational corporations. The ISO 14001 certification is expected to further enhance investor confidence, attract environmentally conscious businesses, and reinforce its reputation as a world-class financial hub.

With the Indian government increasingly pushing for green infrastructure and sustainable urban growth, GIFT City’s achievement reflects a broader trend of integrating ESG principles into India’s business ecosystem. The certification adds another layer of credibility to GIFT City’s efforts to position itself as a benchmark for sustainable financial hubs globally.

Gujarat International Finance Tec-City (GIFT City), India’s first operational smart city and maiden International Financial Services Centre (IFSC), has been awarded the ISO 14001:2015 certification for its Environmental Management System (EMS). The certification, granted by Bureau Veritas, an internationally accredited body, underscores GIFT City’s commitment to sustainable urban development and environmental responsibility. The ISO 14001 certification is a globally recognised benchmark for organisations that integrate environmentally responsible practices into their operations. This achievement highlights GIFT City's structured approach to reducing its environmental footprint across planning, construction, operations, and maintenance. With this, GIFT City sets a precedent as a financial hub that prioritises sustainability while fostering business growth.Tapan Ray, MD & Group CEO of GIFT City, said, Achieving the ISO 14001 certification reflects GIFT City's commitment to building a future-ready finance and technology hub with sustainability at its core. By embedding global environmental standards into our operations, we are not only ensuring compliance but also driving responsible growth that aligns with international environmental, social, and governance (ESG) goals. As India’s first operational smart city, GIFT City has incorporated eco-friendly innovations such as the District Cooling System, Automated Waste Collection, and a Utility Tunnel—features that have set new standards for sustainable urban development in India. These innovations help GIFT City in balancing business expansion with environmental responsibility.GIFT City has been gaining momentum as a preferred destination for global financial institutions, fintech firms, and multinational corporations. The ISO 14001 certification is expected to further enhance investor confidence, attract environmentally conscious businesses, and reinforce its reputation as a world-class financial hub. With the Indian government increasingly pushing for green infrastructure and sustainable urban growth, GIFT City’s achievement reflects a broader trend of integrating ESG principles into India’s business ecosystem. The certification adds another layer of credibility to GIFT City’s efforts to position itself as a benchmark for sustainable financial hubs globally.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Real Estate

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Real Estate

06 Apr 2026

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..