CM Bhupendra Patel Unveils Gujarat Global Capability Centre Policy 2025-30
FinTech BizNews Service
Mumbai, February 11, 2025: Chief Minister Shri Bhupendra Patel today unveiled the Gujarat Global Capability Centre (GCC) Policy (2025-30) at GIFT City, Gandhinagar.
Formulated by the Department of Science and Technology, this policy aims to establish Gujarat as a premier hub for Global Capability Centres by driving high-value employment, skill development, innovation, and digital transformation. It also emphasizes strengthening infrastructure, improving connectivity, and sustaining economic growth to enhance global competitiveness. The Chief Minister launched the policy in the presence of GIFT City Managing Director Shri Tapan Ray, Director of NITI Aayog Shri Debjani Ghosh, Principal Secretary of the Department of Science and Technology Smt. Mona Khandhar, and prominent entrepreneurs.
Chief Minister Shri Bhupendra Patel stated that under the visionary leadership of Prime Minister Shri Narendra Modi, Gujarat has adopted a policy-driven approach, fostering a business-friendly environment for emerging industries through sector-specific policies. Aligning with this vision, the government has introduced multiple policies over the past three years, including the Semiconductor Policy, Green Hydrogen Policy, IT and ITeS Policy, Textile Policy, Renewable Energy Policy, and Biotechnology Policy. Advancing Gujarat’s policy-driven growth, the Chief Minister announced the Gujarat Global Capability Centre Policy for 2025-30.
The policy extends a range of incentives, including employment assistance, interest subsidies, and electricity reimbursement for new capability centres. Chief Minister Shri Bhupendra Patel stated that this initiative has opened new avenues for establishing Global Capability Centres in the state. Highlighting the critical role of Global Capability Centres in driving digital transformation, innovation, and business resilience, the Chief Minister noted that while these centres were initially set up as cost-saving units, they have evolved into strategic innovation hubs. Today, they deliver services across various domains, including technology, finance, analytics, engineering, and research & development. Under the leadership of Prime Minister Shri Narendra Modi, India has positioned itself as a global leader in the GCC ecosystem, supported by a skilled workforce and a progressive policy framework. The Chief Minister highlighted Gujarat’s contribution in fostering a thriving business environment, equipped with world-class infrastructure, industry-friendly policies, and a talent-driven ecosystem, in line with the Prime Minister’s vision. Furthermore, major infrastructure projects like GIFT City and Innovation Clusters in Ahmedabad, Gandhinagar, Vadodara, and Surat are reinforcing Gujarat’s status as a key player in this sector. Shri Bhupendra Patel stated that the Gujarat Global Capability Centre Policy aims to create a world-class ecosystem that nurtures innovation and establishes Gujarat as a premier destination for GCCs. The Chief Minister also mentioned that this year’s Union Budget, presented under the leadership of Prime Minister Shri Narendra Modi, includes a special plan to promote Global Capability Centres across the country and expand opportunities for the talent pool in smaller cities. He conveyed the belief that Gujarat’s GCC policy will complement the Prime Minister’s vision and empower the youth, acting as a driving force in the journey from Viksit Gujarat to Viksit Bharat@2047.
*The Gujarat Global Capability Centre (GCC) Policy, announced by Chief Minister Shri Bhupendra Patel, includes the following key provisions:*
1. Establishment of at least 250 new GCC units in Gujarat, generating over 50,000 employment opportunities.
2. Expected investment inflow exceeding Rs10,000 crore.
3. Capital expenditure (CAPEX) assistance of up to Rs50 crore for units with a Gross Fixed Capital Investment (GFCI) below Rs250 crore and up to Rs200 crore for those with a GFCI above Rs250 crore.
4. Operational expenditure (OPEX) assistance of up to Rs20 crore for units with a GFCI below Rs250 crore and up to Rs40 crore for those with a GFCI above Rs250 crore.
5. 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 Rs50,000 for male employees and Rs60,000 for female employees.
6. A 7% interest subsidy on term loans under the Special Incentive Policy, with a cap of Rs1 crore.
7. 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.
8. Full reimbursement of electricity duty paid to the Government of Gujarat.
9. Skill development incentives, offering up to 50% reimbursement of course fees for working professionals and up to 75% for undergraduate and graduate students.
10. Financial support for quality certification, covering up to 80% of certification costs, subject to a maximum of Rs 10 lakh.
