Gift City – a vision for India’s future

State-of-the-art: Gift City is the first in India to offer district cooling, an energy-efficient air conditioning system, as well as central waste, water and electricity management. — AP

MUMBAI: India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo.

In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & Co and HSBC Holdings Plc who commute each weekday.