Infosys announced the inauguration of its new development centre at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar on Saturday."This centre will offer a state-of-the-art facility for over 1,000 employees in a hybrid working model. It will function as a key TechFin hub, delivering advanced digital solutions for global BFSI clients," Infosys said in a statement.

Its services will span critical domains including digital banking, regulatory affairs, trade finance, capital markets, cards and payments, as well as risk and compliance management, it added.

The centre will leverage the latest technologies, such as artificial intelligence (AI) and generative AI (GenAI), cloud computing, application programming interface (API), cybersecurity and blockchain, to deliver seamless cross-border digital services and enhance client proximity to strengthen India’s position as a global financial technology powerhouse.

The centre strengthens the Bengaluru-headquartered IT bellwether's global delivery model.

“Setting up our development centre in GIFT City is a strategic step aligned with our vision of leading innovation in financial services from within India’s foremost international financial hub," said Jayesh Sanghrajka, chief financial officer, Infosys.

The centre is designed as a future-ready hybrid workplace, focusing on enhancing productivity and building social capital among other things.