IndiGo subsidiary InterGlobe Aviation Financial Services (GCE) has moved to a new office in GIFT City, Gandhinagar on April 15, 2025. The company said the move will serve as a “critical base” for IndiGo, enhancing its financing capabilities in supporting the growth of its operations.
“In line with the government’s vision to create a world-class, self-reliant ecosystem for aircraft leasing and financing through Gift City, this expansion supports our growth strategy, enabling us to enhance services and explore new opportunities,” said IndiGo CEO Pieter Elbers. "We look forward to collaborating with GIFT City stakeholders to drive our ambitions and cater to new India's evolving travel aspirations.”
GCE received its captive finance company licence from the International Financial Services Centre's Authority (IFSCA) on June 26, 2024, before commencing operations on July 15, 2024. The first aircraft delivered through GCE to IndiGo in August last year and has since then financed over 30 A320neo family aircraft as of the end of March 2025. In addition, GCE has acquired some ATR aircraft that have been leased to IndiGo.
IndiGo said GCE will finance the majority of its aircraft in the future.