Hexaware Technologies, a global IT solutions and services provider, has expanded its footprint in Gujarat with a new delivery center at GIFT City, India’s premier financial hub.
Hexaware’s Gujarat Expansion Plans
The new delivery center, which marks Hexaware’s third presence in the state, is designed to serve customers operating in the banking, financial services, and insurance sectors.
“This strategic move underlines our commitment to supporting clients in their digital transformation journey,” said Nick Basford, Chief Operating Officer at Hexaware. “With this latest addition, we’re better equipped to provide top-notch services and meet the evolving needs of our clients.”
The Gujarat International Finance Tec-City (GIFT City) is a Special Economic Zone (SEZ) that houses major financial institutions, including the Indian Stock Exchange and the National Stock Exchange.
GIFT City’s Rise as a Financial Hub
Since its inception, GIFT City has emerged as a significant player in India’s financial sector, attracting top talent and investments from across the globe.
“Gujarat’s business-friendly environment and infrastructure make it an ideal location for companies like Hexaware to set up shop and serve clients,” said Shri Rasesh Shah, Vice Chairman of GIFT City.
The new delivery center will be home to over 1,000 Hexaware employees, who will work on various projects, including software development and IT services.
What this means
Hexaware’s expansion in Gujarat underscores the growing demand for digital transformation services from Indian businesses. As the country’s financial sector continues to boom, companies like Hexaware will play a crucial role in supporting clients with innovative IT solutions and services.
This move also highlights GIFT City’s emergence as a key financial hub in India, with several major companies setting up shop in the region.
