Gujarat Launches GCC Policy to Attract $1.2 Billion

14 Feb 2025 CW Team

The policy provides capital expenditure (CAPEX) assistance of up to $24 million and operational expenditure (OPEX) support of up to $4.8 million, along with 100% electricity duty exemption for five years and a 7% interest subsidy on term loans.

Investment Categories & Workforce Incentives The policy categorizes GCCs based on Gross Fixed Capital Investment (GFCI):

Category-1 (GFCI below $30 million): CAPEX support of up to $6 million and OPEX assistance of up to $2.4 million. Category-2 (GFCI above $30 million): CAPEX support of up to $24 million and OPEX assistance of up to $4.8 million. To boost employment, the policy covers 50% of an employee’s first-month salary, capped at $6,000 for male employees and $7,200 for female employees. Additionally, businesses will receive 100% EPF reimbursements for female employees and 75% for male employees under the Atmanirbhar Gujarat Rojgar Sahay Yojana.

Skill Development & Infrastructure Growth The initiative also promotes skill development, offering up to $6,000 per candidate for professional upskilling, with 50% reimbursement for working professionals and 75% for students. Companies can also receive 80% reimbursement on certification costs, up to $12,000 for five certifications.

Gujarat’s smart city projects and innovation clusters in Ahmedabad, Gandhinagar, Vadodara, and Surat, along with GIFT City, are expected to further enhance the state’s appeal. The policy integrates renewable energy incentives to encourage green business practices.

A Game-Changer for Gujarat’s Economy With a business-friendly approach, strong financial incentives, and sustainability focus, the Gujarat GCC Policy is set to compete with major IT hubs like Bengaluru and Hyderabad. As the policy unfolds, Gujarat is positioning itself as a global destination for high-value business and technology investments.

Gujarat has launched its Global Capability Centre (GCC) Policy 2025-30, targeting investments of over $1.2 billion and the creation of 50,000 new jobs. The policy aims to position Gujarat as a premier destination for technology, finance, analytics, and R&D, offering structured incentives to attract multinational corporations. The policy provides capital expenditure (CAPEX) assistance of up to $24 million and operational expenditure (OPEX) support of up to $4.8 million, along with 100% electricity duty exemption for five years and a 7% interest subsidy on term loans. Investment Categories & Workforce Incentives The policy categorizes GCCs based on Gross Fixed Capital Investment (GFCI): Category-1 (GFCI below $30 million): CAPEX support of up to $6 million and OPEX assistance of up to $2.4 million. Category-2 (GFCI above $30 million): CAPEX support of up to $24 million and OPEX assistance of up to $4.8 million. To boost employment, the policy covers 50% of an employee’s first-month salary, capped at $6,000 for male employees and $7,200 for female employees. Additionally, businesses will receive 100% EPF reimbursements for female employees and 75% for male employees under the Atmanirbhar Gujarat Rojgar Sahay Yojana. Skill Development & Infrastructure Growth The initiative also promotes skill development, offering up to $6,000 per candidate for professional upskilling, with 50% reimbursement for working professionals and 75% for students. Companies can also receive 80% reimbursement on certification costs, up to $12,000 for five certifications. Gujarat’s smart city projects and innovation clusters in Ahmedabad, Gandhinagar, Vadodara, and Surat, along with GIFT City, are expected to further enhance the state’s appeal. The policy integrates renewable energy incentives to encourage green business practices. A Game-Changer for Gujarat’s Economy With a business-friendly approach, strong financial incentives, and sustainability focus, the Gujarat GCC Policy is set to compete with major IT hubs like Bengaluru and Hyderabad. As the policy unfolds, Gujarat is positioning itself as a global destination for high-value business and technology investments.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..