R ARIVANANTHAM
GANDHINAGAR, FEB 11
With an aim to create a world-class ecosystem that nurtures innovation and establishes Gujarat as a premier destination for GCCs, Chief Minister Bhupendra Patel on Tuesday launched the Gujarat Global Capability Centre (GCC) Policy 2025-30 at GIFT City, Gandhinagar.
https://twitter.com/Bhupendrapbjp/status/1889171743857860817
“Incidentally, as part of the 2025 Union Budget, Finance Minister Nirmala Sitharaman had announced the formulation of a national framework to guide states in promoting Global Capability Centres (GCCs) in emerging tier II cities. This will suggest measures to enhance the availability of talent and infrastructure, building-byelaw reforms, and mechanisms for collaboration with industry,” Bhupendra Patel said.
https://twitter.com/Bhupendrapbjp/status/1889213623668515253
- With a target of 250 new GCC units, the policy is expected to attract over Rs 10,000 crore investments and generate more than 50,000 high-value jobs
- Capital expenditure (CAPEX) assistance of up to ₹50 crore for units with a Gross Fixed Capital Investment (GFCI) below ₹250 crore and up to ₹200 crore for those with a GFCI above ₹250 crore
- Reimbursement of the employer’s statutory Employee Provident Fund (EPF) contribution under the Atmanirbhar Gujarat Rojgar Sahay Yojana, covering up to 100% for female employees and 75% for male employees
The policy aims to boost innovation, digital transformation, and economic growth.
With a target of 250 new GCC units, the policy is expected to attract over Rs 10,000 crore investments and generate more than 50,000 high-value jobs.
It focuses on enhancing infrastructure, strengthening connectivity, and fostering a skilled workforce, making Gujarat an attractive destination for multinational corporations.
Designed by the Department of Science and Technology, the policy provides a range of incentives, including capital (CAPEX) and operating expense (OPEX) support, to encourage businesses to set up their GCCs in Gujarat.
NITI Aayog Director, Debjani Ghosh, GIFT City MD and Group CEO, Tapan Ray, and Principal Secretary, DST, Mona Kandhar, with other entrepreneurs, were present during the launch ceremony.
- Establishment of at least 250 new GCC units in Gujarat, generating over 50,000 employment opportunities
- Expected investment inflow exceeding ₹10,000 crore
- Capital expenditure (CAPEX) assistance of up to ₹50 crore for units with a Gross Fixed Capital Investment (GFCI) below ₹250 crore and up to ₹200 crore for those with a GFCI above ₹250 crore
- Operational expenditure (OPEX) assistance of up to ₹20 crore for units with a GFCI below ₹250 crore and up to ₹40 crore for those with a GFCI above ₹250 crore
- Employment generation incentives under GCC policy, includes one-time assistance of 50% of one month’s Cost-to-Company (CTC) for newly recruited local employees retained for at least one year, with up to ₹50,000 for male employees and ₹60,000 for female employees
- A 7% interest subsidy on term loans under the Special Incentive Policy, with a cap of ₹1 crore
- Reimbursement of the employer’s statutory Employee Provident Fund (EPF) contribution under the Atmanirbhar Gujarat Rojgar Sahay Yojana, covering up to 100% for female employees and 75% for male employees
- Full reimbursement of electricity duty paid to the Government of Gujarat
- Skill development incentives, offering up to 50% reimbursement of course fees for working professionals and up to 75% for undergraduate and graduate students
- Financial support for quality certification, covering up to 80% of certification costs, subject to a maximum of ₹10 lakh.
This will create a conducive environment for businesses to thrive: Realtort
Commenting on the Gujarat GCC Policy (2025-30), Shekhar G Patel, Managing Director & CEO, Ganesh Housing Corporation Limited, said, “The latest Gujarat GCC Policy (2025-30) is an important step towards establishing Ahmedabad as a global business and innovation hub. By facilitating the setup of 250 new GCCs, generating over 50,000 jobs, and attracting ₹10,000 crore in investments, this initiative will drive large-scale economic growth and reinforce Gujarat’s position as a preferred destination for multinational enterprises.
The policy’s incentives—ranging from employment assistance and interest subsidies to electricity reimbursements and skill development programs—create a conducive environment for businesses to thrive. With Ahmedabad’s strategic advantages, including Special Investment Regions and a robust IT/ITeS ecosystem, the city is poised to become a high-value commercial and real estate powerhouse. This surge in corporate activity will significantly boost demand for premium office spaces, fuelling expansion in commercial real estate. The ripple effect will extend across residential, retail, and hospitality sectors, driving holistic urban transformation and enhancing investor confidence.
We, at Ganesh Housing Ltd are very bullish and welcome the new initiative taken to encourage GCC to setup business in Gujarat. To support this, we have a Million Minds Tech City to facilitate employers and employees by proving walk to work culture.”
