India’s first dedicated GCC policy has been released by Madhya Pradesh

India’s first dedicated GCC policy has been released by Madhya Pradesh.
Madhya Pradesh became the first state to launch a dedicated Global Capability Centre (GCC) policy.
The Madhya Pradesh GCC Policy 2025 is a combination of incentives for capital expenditure, payroll, upskilling, and research.
A designated nodal agency will be responsible for its implementation.
This policy targets sectors such as IT, finance, engineering, human resources, and emerging technologies.
This policy aims to attract over 50 GCCs and generate more than 37,000 jobs.
Madhya Pradesh will act as a centre of excellence for IT/ITeS, advanced analytics, R&D and digital transformation.
The policy has been unveiled ahead of Madhya Pradesh’s biennial Global Investors’ Summit.
This policy is India’s first dedicated framework for fostering GCC growth in tier-2 cities.