Gujarat Launches GCC Policy to Attract $1.2 Billion
ECONOMY & POLICY

Gujarat Launches GCC Policy to Attract $1.2 Billion

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.

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.

Next Story
Infrastructure Urban

Anupriya Patel Inaugurates QUAD Workshop on Pandemic Preparedness

The QUAD Workshop on Pandemic Preparedness for the Indo-Pacific region, inaugurated by Union Minister of State for Health and Family Welfare, Smt. Anupriya Patel, marks a significant step in enhancing global health security. Held from March 17-19, 2025, the workshop aims to strengthen pandemic preparedness frameworks, improve surveillance systems, and promote international collaboration to mitigate health threats. Organised by the Ministry of Health and Family Welfare and the Ministry of External Affairs, the event brings together experts from India, the United States, Japan, Australia, and 15..

Next Story
Infrastructure Urban

MoEFCC & Harvard to Host Conference on Climate Resilience

The Ministry of Environment, Forest and Climate Change (MoEFCC), in collaboration with Harvard University’s Lakshmi Mittal and Family South Asia Institute and the Salata Institute for Climate and Sustainability, will host the ‘India 2047: Building a Climate-Resilient Future’ conference in New Delhi from 19th–22nd March 2025. This landmark event will focus on adaptation strategies and resilience-building to address climate change challenges, bringing together policymakers, academia, private sector leaders, and international experts to develop a roadmap for a sustainable and climate-resi..

Next Story
Infrastructure Urban

PM VIKAS Scheme Focuses on Empowering Minority Communities

The Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme, a flagship initiative of the Ministry of Minority Affairs, aims to uplift six notified minority communities through skill development, entrepreneurship, and education support. By converging five previous schemes—‘Seekho Aur Kamao’, ‘Nai Manzil’, ‘Nai Roshni’, ‘Hamari Dharohar’, and ‘USTTAD’—the programme fosters economic inclusion while facilitating credit access for beneficiaries through the National Minorities Development & Finance Corporation (NMDFC). Market and Industry Outlook: With a growing emphasis on..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?