The CEO of Alphabet and Google, Sundar Pichai, announced that the company would open its global fintech operation centre at GIFT City in Gujarat. Pichai made the announcement after meeting with Prime Minister Narendra Modi during his three-day state visit to the US.

• He stated that the company would continue to invest in India through its $10 billion digitisation fund.
• Tapan Ray, MD & Group CEO of GIFT City, stated that Google's decision to establish its global fintech operations centre in GIFT City demonstrated India's growing significance in the fintech landscape.
• He described the strategic announcement made by Google's CEO as a win-win situation that would contribute to realising Prime Minister Modi's vision of making GIFT City a truly global fintech hub.