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CM Bhupendra Patel unveils Gujarat's Global Capability Centres Policy 2025-30, Aiming For 250 New GCC, 50,000 Jobs

Gujarat Chief Minister Bhupendra Patel unveiled the state's Global Capability Centres (GCC) Policy 2025-30 on January 18, 2024, aiming to establish 250 new GCCs and generate 50,000 jobs. The policy seeks to position Gujarat as a leading destination for GCCs by offering incentives like a 75% subsidy on lease rentals for the first three years, up to Rs 75 lakh, and a 50% subsidy for the next two years, up to Rs 50 lakh. It also includes a 100% exemption on electricity duty for five years, a 5% interest subsidy on term loans for three years, and a 100% stamp duty exemption. The policy targets sectors such as IT, ITES, BFSI, and others, with the goal of enhancing Gujarat's global competitiveness and fostering innovation and economic growth.

Read the Full Swarajya Article at:
[ https://swarajyamag.com/news-brief/cm-bhupendra-patel-unveils-gujarats-global-capability-centres-policy-2025-30-aiming-for-250-new-gcc-50000-jobs ]