India has solidified its position as a prime destination for Global Capability Centers (GCCs), with states like Karnataka, Tamil Nadu, and Uttar Pradesh already leading the charge with dedicated policies to attract multinational corporations. Now, Gujarat has joined the league by unveiling its Global Capability Centre Policy 2025–2030, aiming to establish the state as a key global hub for GCCs.
This forward-looking policy aligns with India’s rapid evolution as a center for digital transformation, financial services, and AI-driven innovation, positioning Gujarat as an attractive choice for companies looking to set up or expand their GCC operations
This forward-looking policy aligns with India’s rapid evolution as a center for digital transformation, financial services, and AI-driven innovation, positioning Gujarat as an attractive choice for companies looking to set up or expand their GCC operations
Key Objectives of Gujarat’s GCC Policy 2025-30
The primary goal of Gujarat’s GCC policy is to attract high-value foreign investments and enhance the ease of doing business. The policy is structured around several core objectives:
Attracting Multinational Corporations (MNCs)
- The policy offers investment-friendly incentives to encourage MNCs to set up GCCs in Gujarat
- Special emphasis on sectors like finance, IT, AI, and business analytics
Infrastructure Development & Business-Friendly Ecosystem
- Development of world-class business infrastructure to support GCC expansion
- Gujarat’s business environment will be further streamlined to attract global players
Fostering Research, Development & Innovation
- Special focus on technology-driven GCCs that prioritize AI, machine learning, automation, and fintech innovations
- Collaboration with academic institutions and research organizations to drive innovation
Employment Generation & Skill Development
- GCCs will play a crucial role in creating high-skilled jobs in Gujarat
- A robust skilling and upskilling program will be introduced to bridge the talent gap
Regulatory ️ Support & Simplified Business Processes
- The Department of Science & Technology (DST) will issue detailed implementation guidelines
- A State-Level Empowered Committee will be established to oversee the rollout and provide assistance to eligible GCCs
A Major Boost: GICs at IFSC, GIFT City
A standout initiative within this policy is the development of Global In-House Centres (GICs) at GIFT City (Gujarat International Finance Tec-City) under the International Financial Services Centre (IFSC)
Why GIFT City is a Strategic Choice?
- India’s first operational smart city dedicated to financial services
- Operates under the International Financial Services Centres Authority (IFSCA)
- Enables businesses to operate in freely convertible foreign currencies
- Attracts major financial services firms, fintech startups, and global banking corporations
This move is expected to make Gujarat a global leader in financial services, further reinforcing its position as a preferred hub for GCCs in India
Conclusion
Gujarat’s proactive approach, through the GCC Policy 2025-2030, underscores its commitment to transforming into a global hub for GCCs. By aligning with national frameworks and focusing on strategic objectives, the state is set to attract significant investments, foster innovation, and create high-skilled employment opportunities, thereby strengthening its position in the global business landscape
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