Gujarat Launches GCC Policy to Create Over 50,000 Jobs
Gujarat chief minister Bhupendra Patel on Tuesday unveiled the Gujarat Global Capability Centre (GCC) Policy (2025-30) at GIFT City, Gandhinagar. The policy aims to make the state a leading hub for GCCs. Under the policy, the Gujarat government plans to set up at least 250 new GCCs, attracting over ₹10,000 crore in investment and creating more than 50,000 jobs. The scheme also offers financial incentives, including capital and operational expenditure support, employment assistance, skill development initiatives, and tax benefits. Speaking at the event, Patel highlighted Gujarat’s commitment to policy-driven growth under Prime Minister Narendra Modi’s leadership. “This initiative has opened new avenues for establishing Global Capability Centres in Gujarat. While these centres were initially set up as cost-saving units, they have now evolved into hubs for innovation and business resilience,” Patal said. Key Highlights To support businesses, the Gujarat GCC policy offers financial incentives, including capital expenditure (CapEx) support of up to ₹200 crore and operational expenditure (OpEx) support of up to ₹40 crore. It also includes employment incentives, covering up to 50% of one month’s salary for newly hired local employees, along with an interest subsidy of 7% on term loans, capped at ₹1 crore. Moreover, eligible companies will receive full electricity duty reimbursement. The policy emphasises skill development, offering up to 75% reimbursement of training costs for students and working professionals. Furthermore, businesses can benefit from support for quality certification, with up to ₹10 lakh reimbursement to enhance industry standards. Patel also emphasised Gujarat’s strong infrastructure, industry-friendly policies, and skilled workforce. “Gujarat is ready to become a global leader in the GCC ecosystem, supporting the Prime Minister’s vision of a developed India by 2047.” The policy aligns with the Union Budget 2025, which includes a special plan to promote GCCs across India and expand job opportunities in smaller cities. However, Gujarat is not alone. Last month, Sanjay Dubey, additional chief secretary at the Madhya Pradesh government, announced on LinkedIn the launch of a GCC Policy 2025. The state cabinet approved the policy, which builds on the success of the Madhya Pradesh IT, Information Technology Enabled Services (ITES), and ESDM Investment Promotion Policy 2023. This move seeks to transform the state’s tier-2 cities into hubs of global innovation, collaboration, and excellence.In 2024, the Karnataka government introduced the GCC policy 2024, aiming to bolster its reputation as a global innovation hub while creating 3.5 lakh jobs by 2029.
Under the policy, the Gujarat government plans to set up at least 250 new GCCs, attracting over ₹10,000 crore in investment.
Under the policy, the Gujarat government plans to set up at least 250 new GCCs, attracting over ₹10,000 crore in investment.
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Shalini is a senior tech journalist, exploring the latest advancements in AI. When she's not reporting on the latest innovations, you can find her immersed in her next literary adventure.