The Maharashtra Cabinet has approved a new Global Capability Centre (GCC) Policy designed to establish 400 new GCCs and create employment for 400,000 highly skilled professionals across the state. The policy aims to strengthen digital infrastructure, promote innovation, and drive economic development in Tier 2 and Tier 3 cities.

The initiative seeks to position Maharashtra as India’s leading destination for global technology and knowledge-based operations. Over the next five years, the plan is expected to generate 400,000 jobs and attract multinational firms to set up centres in emerging urban hubs such as Nagpur, Nashik, and Chhatrapati Sambhajinagar.

These locations will host integrated economic hubs that promote balanced regional growth, ensuring that smaller cities play a greater role in Maharashtra’s digital and industrial expansion.

To support the rollout, the government will develop dedicated GCC parks featuring plug-and-play offices, walk-to-work designs, and high-speed connectivity. Each park will be equipped with advanced infrastructure to attract global enterprises. Additionally, new business districts will be created to foster data-driven, technology-led ecosystems, supported by a robust digital infrastructure.

The policy provides capital subsidies to encourage investment:

• Small units investing Rs 500 million will receive a Rs 100 million subsidy.
• Medium units investing between Rs 1 billion and Rs 2.5 billion will be eligible for a Rs 200 million subsidy.
• Large units investing Rs 2.5 billion to Rs 3 billion will receive a Rs 500 million subsidy.

Further incentives include reimbursements for rental expenses, green building certifications, and R&D-related costs.

To ensure efficient implementation, a Maharashtra GCC Growth Council will be established to monitor, review, and adapt the policy based on evolving regional and global trends. The council will also facilitate fast-track single-window clearances, infrastructure support, and zoning concessions, streamlining the process for investors and new entrants.

The GCC Policy underscores Maharashtra’s commitment to decentralising economic growth and expanding digital employment opportunities beyond Mumbai and Pune. By enabling global companies to set up in smaller cities, the state aims to become a national hub for global capability centres, fostering sustainable development through technology, innovation, and job creation.