Gujarat GCC Policy Aims to Create 50,000 Jobs, Attract Rs 10,000 Crore Investment
Gujarat has unveiled its Global Capability Centre (GCC) Policy 2025-30, a landmark initiative to attract investments exceeding Rs 10,000 crore and create approximately 50,000 new jobs in the state. This strategic move aims to position Gujarat as a leading hub for GCCs, reinforcing its status as a global innovation and technology centre. The policy introduces a structured incentive framework, including capital expenditure (CAPEX) assistance between Rs 50 crore and Rs 200 crore and operational expenditure (OPEX) assistance ranging from Rs 20 crore to Rs 40 crore. It also provides 100% electricity duty exemption for five years and a 7% interest subsidy on term loans, ensuring a business-friendly environment for investors.
To encourage large-scale investments, the policy categorises GCCs based on their Gross Fixed Capital Investment (GFCI). Category-1 units (with GFCI below Rs 250 crore) will receive CAPEX support of up to Rs 50 crore and OPEX support of up to Rs 20 crore, whereas Category-2 units (with GFCI exceeding Rs 250 crore) will be eligible for Rs 200 crore in CAPEX support and up to Rs 40 crore in OPEX assistance. These incentives cover essential expenditures such as construction, IT infrastructure, software, renewable energy investments, and stamp duty costs, fostering an innovation-driven ecosystem.
A Human-Centric Policy Driving Employment and Economic Growth
Beyond attracting global corporations, the Gujarat GCC Policy has a strong employment generation focus, ensuring local workforce inclusion. To encourage hiring, the policy offers one-time financial assistance covering 50% of a new employee’s first-month Cost-to-Company (CTC), capped at Rs 50,000 for male employees and Rs 60,000 for female employees. Furthermore, under the Atmanirbhar Gujarat Rojgar Sahay Yojana, businesses will receive EPF contribution reimbursements—100% for female employees and 75% for male employees—enhancing workplace participation and gender inclusivity.
In addition, a skill development incentive has been introduced, offering Rs 50,000 in direct financial support for upskilling courses. The scheme reimburses 50% of course fees for working professionals and 75% for students, ensuring a steady pipeline of highly trained professionals in technology, finance, analytics, and research & development. The policy also supports businesses in obtaining quality certifications, reimbursing up to 80% of certification costs, capped at Rs 10 lakh for up to five certifications, helping Gujarat-based GCCs maintain international standards.
Infrastructure and Sustainability: Building a Future-Ready Ecosystem
Gujarat’s infrastructure development plays a crucial role in the success of its GCC ecosystem. The policy aligns with ongoing smart city projects and the development of innovation clusters in Ahmedabad, Gandhinagar, Vadodara, and Surat. Landmark projects such as GIFT City further bolster Gujarat’s ambition of becoming a global business hub, offering state-of-the-art facilities for IT and financial services companies. By integrating renewable energy subsidies within the CAPEX incentives, the policy actively promotes sustainability, ensuring that businesses adopting green practices benefit from financial incentives.
Additionally, Gujarat’s approach stands out compared to other Indian states by prioritising ease of business, fiscal incentives, and workforce development. While states like Karnataka and Telangana have robust IT policies, Gujarat’s GCC policy takes a comprehensive approach, integrating job creation, skill development, and sustainability into a single strategic vision. This positions Gujarat as a competitive alternative for multinational corporations exploring new investment opportunities in India.
Urban Development and Civic Considerations
The rapid expansion of GCCs will significantly impact urban infrastructure and civic planning in Gujarat. As thousands of jobs are created, demand for residential housing, transportation, and social amenities is expected to rise. Cities like Ahmedabad and Gandhinagar may witness increased urban migration, prompting real estate expansion and the need for enhanced public transport systems. The government must ensure that urban growth aligns with sustainability goals, maintaining a balance between economic expansion and environmental conservation.
Furthermore, civic authorities must proactively address potential strain on water, power, and waste management systems. By integrating eco-friendly infrastructure and smart city solutions, Gujarat can develop a holistic and sustainable GCC ecosystem. The policy’s emphasis on renewable energy investments and green infrastructure demonstrates the government’s commitment to sustainable urban growth, ensuring that economic progress does not come at an environmental cost.
Gujarat’s Strategic Leap in the GCC Space
The Gujarat GCC Policy 2025-30 is a game-changer for the state’s economic roadmap, aiming to transform it into a leading destination for Global Capability Centres. With robust financial incentives, employment benefits, and sustainability-driven infrastructure, the policy presents a comprehensive investment framework that aligns with Gujarat’s long-term vision for digital transformation and global business expansion. As the policy unfolds, Gujarat is set to compete with major tech hubs in India and beyond, reinforcing its position as a premier investment destination for multinational corporations.