Seven States Plan 1,380 New GCCs To Create 1.2 mn Jobs
ECONOMY & POLICY

Seven States Plan 1,380 New GCCs To Create 1.2 mn Jobs

Seven states have announced plans to promote the establishment of 1,380 Global Capability Centres (GCCs) across India with a cumulative target of creating about 1.18 million (mn) jobs by 2031, according to a CBRE report. The states identified are Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh.

CBRE said Karnataka is targeting 500 GCCs and expects 350,000 jobs while Maharashtra aims to attract 200 GCCs with potential to generate 400,000 jobs. The report noted that Rajasthan is seeking more than 200 GCCs with an estimated 150,000 jobs. Gujarat has targets of over 250 GCCs and foresees around 50,000 employment opportunities.

Kerala plans for 80 GCCs with a target to create 160,000 jobs and has proposed draft policies to encourage the sector. Haryana is targeting more than 100 GCCs with projected creation of 30,000 jobs, while Madhya Pradesh is aiming for over 50 GCCs with about 37,000 jobs. CBRE added that Tamil Nadu has introduced specialised incentives for GCC employees and that Telangana and Delhi have adopted policy frameworks to foster the ecosystem.

The report also found that GCCs have leased over 123 mn sq ft of office space across the top nine Indian cities between 2022 and the first half of 2026. CBRE observed that state governments are moving rapidly to formalise dedicated GCC policies and are competing to host centres through incentives, faster approvals and long term infrastructure commitments. The consultancy said this policy push positions GCCs as a central pillar of the services economy ahead of the 2031 target. The report measured activity between 2022 and the first half of 2026 and said that the sustained leasing momentum reflects growing corporate confidence in urban office markets and in states that combine fiscal incentives with predictable approvals and long term infrastructure planning.

Seven states have announced plans to promote the establishment of 1,380 Global Capability Centres (GCCs) across India with a cumulative target of creating about 1.18 million (mn) jobs by 2031, according to a CBRE report. The states identified are Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh. CBRE said Karnataka is targeting 500 GCCs and expects 350,000 jobs while Maharashtra aims to attract 200 GCCs with potential to generate 400,000 jobs. The report noted that Rajasthan is seeking more than 200 GCCs with an estimated 150,000 jobs. Gujarat has targets of over 250 GCCs and foresees around 50,000 employment opportunities. Kerala plans for 80 GCCs with a target to create 160,000 jobs and has proposed draft policies to encourage the sector. Haryana is targeting more than 100 GCCs with projected creation of 30,000 jobs, while Madhya Pradesh is aiming for over 50 GCCs with about 37,000 jobs. CBRE added that Tamil Nadu has introduced specialised incentives for GCC employees and that Telangana and Delhi have adopted policy frameworks to foster the ecosystem. The report also found that GCCs have leased over 123 mn sq ft of office space across the top nine Indian cities between 2022 and the first half of 2026. CBRE observed that state governments are moving rapidly to formalise dedicated GCC policies and are competing to host centres through incentives, faster approvals and long term infrastructure commitments. The consultancy said this policy push positions GCCs as a central pillar of the services economy ahead of the 2031 target. The report measured activity between 2022 and the first half of 2026 and said that the sustained leasing momentum reflects growing corporate confidence in urban office markets and in states that combine fiscal incentives with predictable approvals and long term infrastructure planning.

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