Gujarat Launches GCC Coverage to Create Over 50,000 Jobs

Gujarat chief minister Bhupendra Patel on Tuesday unveiled the Gujarat World Functionality Centre (GCC) Coverage (2025-30) at GIFT Metropolis, Gandhinagar. The coverage goals to make the state a number one hub for GCCs.

Below the coverage, the Gujarat authorities plans to arrange no less than 250 new GCCs, attracting over ₹10,000 crore in funding and creating greater than 50,000 jobs. The scheme additionally affords monetary incentives, together with capital and operational expenditure help, employment help, ability improvement initiatives, and tax advantages.

Talking on the occasion, Patel highlighted Gujarat’s dedication to policy-driven progress below Prime Minister Narendra Modi’s management. “This initiative has opened new avenues for establishing World Functionality Centres in Gujarat. Whereas these centres had been initially arrange as cost-saving models, they’ve now developed into hubs for innovation and enterprise resilience,” Patal mentioned.

Key Highlights

To help companies, the Gujarat GCC coverage affords monetary incentives, together with capital expenditure (CapEx) help of as much as ₹200 crore and operational expenditure (OpEx) help of as much as ₹40 crore.

It additionally contains employment incentives, overlaying as much as 50% of 1 month’s wage for newly employed native workers, together with an curiosity subsidy of seven% on time period loans, capped at ₹1 crore.

Furthermore, eligible firms will obtain full electrical energy responsibility reimbursement.

The coverage emphasises ability improvement, providing as much as 75% reimbursement of coaching prices for college kids and dealing professionals. Moreover, companies can profit from help for high quality certification, with as much as ₹10 lakh reimbursement to boost {industry} requirements.

Patel additionally emphasised Gujarat’s robust infrastructure, industry-friendly insurance policies, and expert workforce. “Gujarat is able to turn out to be a world chief within the GCC ecosystem, supporting the Prime Minister’s imaginative and prescient of a developed India by 2047.”

The coverage aligns with the Union Finances 2025, which features a particular plan to advertise GCCs throughout India and develop job alternatives in smaller cities.

Nevertheless, Gujarat is just not alone.

Final month, Sanjay Dubey, extra chief secretary on the Madhya Pradesh authorities, introduced on LinkedIn the launch of a GCC Coverage 2025.

The state cupboard permitted the coverage, which builds on the success of the Madhya Pradesh IT, Data Know-how Enabled Providers (ITES), and ESDM Funding Promotion Coverage 2023. This transfer seeks to rework the state’s tier-2 cities into hubs of world innovation, collaboration, and excellence.
In 2024, the Karnataka authorities launched the GCC coverage 2024, aiming to bolster its fame as a world innovation hub whereas creating 3.5 lakh jobs by 2029.

The submit Gujarat Launches GCC Coverage to Create Over 50,000 Jobs appeared first on Analytics India Journal.

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