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JPMorgan in Talks With Over 100 Multinationals to Set Up India Treasury Hubs at GIFT City
mint - companies·Saturday, 18 July 2026
More than 100 multinational companies have approached JPMorgan Chase to explore banking and payment solutions for corporate treasury operations at India's GIFT City over the next 12 to 18 months. The interest signals growing confidence in GIFT City as a serious global financial hub. No deal values or company names were disclosed in the report.
Why It Matters
GIFT City in Gujarat is India's bid to become a global financial centre — the more multinationals set up there, the more high-skilled finance jobs and capital flow into India.
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