Madhya Pradesh Launches India’s First Dedicated GCC Policy

17 Feb 2025 CW Team

Madhya Pradesh has become the first state in India to introduce a dedicated Global Capability Centre (GCC) policy, aiming to position itself as a hub for global innovation and collaboration.

The Madhya Pradesh GCC Policy 2025 offers incentives for capital expenditure, payroll support, upskilling, and research & development, with a designated nodal agency overseeing its implementation. The policy targets key sectors such as IT, finance, engineering, human resources, and emerging technologies, with a strong focus on artificial intelligence (AI) and cybersecurity.

As India's first dedicated framework for fostering GCC growth in tier-2 cities, the policy represents a shift away from traditional metro hubs. Madhya Pradesh aims to attract over 50 GCCs, generating more than 37,000 direct jobs and establishing itself as a center of excellence in IT/ITeS, advanced analytics, R&D, and digital transformation.

The initiative also seeks to boost foreign investment and infrastructure development across industries such as automotive, pharmaceuticals, logistics, textiles, aerospace, AI, and cybersecurity.

Madhya Pradesh’s IT sector has seen rapid expansion, with exports tripling over the past three years at an annual growth rate of 43%. The state offers:

A skilled talent pool: Over 300 engineering colleges produce more than 50,000 tech graduates annually.
Robust infrastructure: Five Special Economic Zones (SEZs), 15 IT parks, and 150 Electronics System Design & Manufacturing (ESDM) units.
Cost-effective operations: Businesses benefit from lower operational costs compared to metro cities.
Ease of Doing Business: Ranked 4th in India (2023), the state provides streamlined regulatory processes and investor-friendly policies.

Implementation and future prospects

The Madhya Pradesh State Electronics Development Corporation Limited (MPSeDC) will serve as the nodal agency, with a dedicated Policy Implementation Unit (PIU) ensuring project approvals, incentive allocation, and compliance monitoring.

Launched ahead of the Madhya Pradesh Global Investors’ Summit (Feb 24-25, 2025), the policy is set to attract investments and showcase the state’s economic potential. With globally benchmarked infrastructure and a strategic focus on digital transformation, Madhya Pradesh is positioning itself as a key player in India’s projected $110 billion GCC market by 2030.

(Mint)

Madhya Pradesh has become the first state in India to introduce a dedicated Global Capability Centre (GCC) policy, aiming to position itself as a hub for global innovation and collaboration. The Madhya Pradesh GCC Policy 2025 offers incentives for capital expenditure, payroll support, upskilling, and research & development, with a designated nodal agency overseeing its implementation. The policy targets key sectors such as IT, finance, engineering, human resources, and emerging technologies, with a strong focus on artificial intelligence (AI) and cybersecurity. As India's first dedicated framework for fostering GCC growth in tier-2 cities, the policy represents a shift away from traditional metro hubs. Madhya Pradesh aims to attract over 50 GCCs, generating more than 37,000 direct jobs and establishing itself as a center of excellence in IT/ITeS, advanced analytics, R&D, and digital transformation. The initiative also seeks to boost foreign investment and infrastructure development across industries such as automotive, pharmaceuticals, logistics, textiles, aerospace, AI, and cybersecurity. Madhya Pradesh’s IT sector has seen rapid expansion, with exports tripling over the past three years at an annual growth rate of 43%. The state offers: A skilled talent pool: Over 300 engineering colleges produce more than 50,000 tech graduates annually. Robust infrastructure: Five Special Economic Zones (SEZs), 15 IT parks, and 150 Electronics System Design & Manufacturing (ESDM) units. Cost-effective operations: Businesses benefit from lower operational costs compared to metro cities. Ease of Doing Business: Ranked 4th in India (2023), the state provides streamlined regulatory processes and investor-friendly policies. Implementation and future prospects The Madhya Pradesh State Electronics Development Corporation Limited (MPSeDC) will serve as the nodal agency, with a dedicated Policy Implementation Unit (PIU) ensuring project approvals, incentive allocation, and compliance monitoring. Launched ahead of the Madhya Pradesh Global Investors’ Summit (Feb 24-25, 2025), the policy is set to attract investments and showcase the state’s economic potential. With globally benchmarked infrastructure and a strategic focus on digital transformation, Madhya Pradesh is positioning itself as a key player in India’s projected $110 billion GCC market by 2030. (Mint)

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Resources

16 Sep 2025

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Real Estate

16 Sep 2025

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..