Udyamee, Gandhinagar:
In a major boost to Gujarat’s economic and industrial landscape, Chief Minister Bhupendra Patel has announced the Gujarat Global Capability Centre (GCC) Policy 2025-30 at GIFT City, Gandhinagar. This policy aims to establish Gujarat as a preferred hub for Global Capability Centres (GCCs), reinforcing the state’s reputation for policy-driven economic growth and innovation.
Chief Minister Bhupendra Patel emphasized that under the leadership of Prime Minister Narendra Modi, Gujarat has adopted a policy-driven approach to foster a business-friendly environment. The state has already introduced multiple sector-specific policies, including the Semiconductor Policy, Green Hydrogen Policy, IT and ITeS Policy, and Renewable Energy Policy, which have significantly contributed to its industrial growth.
Tapan Ray, MD and Group CEO, GIFT City said, “GIFT City is emerging as a prime destination for GCCs, offering a world-class business environment, cutting-edge sustainable infrastructure, and a strong talent pipeline. With the launch of Gujarat’s GCC policy, we are confident that GIFT City will attract leading global enterprises looking to scale their operations in India. GIFT City is poised to become a global hub for innovation, driving the next phase of India’s digital and financial transformation.
What is a Global Capability Centre (GCC)?
Global Capability Centres (GCCs) are specialized units set up by multinational corporations (MNCs) to centralize various business functions, including technology, finance, analytics, engineering, and research & development. Originally designed as cost-saving centers, GCCs have evolved into strategic hubs driving digital transformation, innovation, and business resilience. India has emerged as a global leader in the GCC ecosystem, thanks to its skilled workforce and progressive policy framework.
Key Highlights of Gujarat’s GCC Policy
Under the newly unveiled GCC policy, the Gujarat government is targeting the establishment of at least 250 new GCC units across the state, generating more than 50,000 employment opportunities. With a projected investment of over ₹10,000 crore, the policy offers various incentives to attract businesses and ensure sustained growth in the sector.
Some of the major provisions of the Gujarat GCC Policy include:
- Financial Assistance: Capital expenditure (CAPEX) assistance of up to ₹50 crore for units with a Gross Fixed Capital Investment (GFCI) below ₹250 crore and up to ₹200 crore for those exceeding ₹250 crore.
- Operational Support: Operational expenditure (OPEX) assistance of up to ₹20 crore for smaller units and up to ₹40 crore for larger units.
- Employment Incentives: One-time assistance covering 50% of one month’s Cost-to-Company (CTC) for newly recruited local employees retained for at least one year, with up to ₹50,000 for male employees and ₹60,000 for female employees.
- Interest Subsidies: A 7% interest subsidy on term loans under the Special Incentive Policy, capped at ₹1 crore.
- Provident Fund Reimbursement: Employer’s statutory Employee Provident Fund (EPF) contribution covered up to 100% for female employees and 75% for male employees under the Atmanirbhar Gujarat Rojgar Sahay Yojana.
- Electricity Duty Waiver: Full reimbursement of electricity duty paid to the Government of Gujarat.
- Skill Development Support: Up to 50% reimbursement of course fees for working professionals and up to 75% for undergraduate and graduate students.
- Certification Assistance: Financial support covering up to 80% of quality certification costs, subject to a maximum of ₹10 lakh.
Economic and Employment Impact
The introduction of the GCC policy aligns with Gujarat’s vision of becoming a major hub for knowledge-based industries, fostering job creation and skill development. By strengthening infrastructure, improving connectivity, and promoting digital transformation, the state is positioning itself as a global business destination.
Gujarat’s infrastructure projects, such as GIFT City and innovation clusters in Ahmedabad, Gandhinagar, Vadodara, and Surat, further bolster its attractiveness as an investment destination for GCCs. The policy is expected to complement the initiatives outlined in the Union Budget and contribute to India’s broader vision of ‘Viksit Bharat@2047’ by enhancing employment opportunities in smaller cities and towns.
A Step Towards a Digital Future
With the launch of this ambitious policy, Gujarat is set to emerge as a premier destination for Global Capability Centres, fostering innovation, boosting employment, and driving economic growth. The combination of financial incentives, infrastructure support, and a robust talent pool makes Gujarat an ideal location for global businesses seeking to expand their capabilities in India.
The Gujarat GCC Policy is a significant milestone in the state’s journey towards becoming a global leader in digital transformation and business innovation, reinforcing its commitment to a future-ready economy.