Global Capability Centres: Maharashtra Policy

The salient features of the Policy are listed below:

1. Vision & Purpose
   • Aiming to host 400 new GCCs and create 400,000 high-skilled jobs by 2030 in Maharashtra.
   • Aligning with India’s Viksit Bharat 2047 vision for a $30 trillion economy with GCCs as key drivers.
2. Key Objectives
   • Foster world-class business districts and innovation clusters, expand GCC presence beyond metro cities to Tier-2 and Tier-3 cities (e.g., Nashik, Nagpur).
   • Deep industry-academia collaborations for future-ready talent.
   • Attract knowledge-intensive, multinational investments and promote advanced R&D.
3. Eligibility
   • Applies to companies, LLPs, trusts, and joint undertakings setting up GCCs in Maharashtra.
   • Excludes BPOs, call centres, and pure marketing/sales organizations.
4. Priority Sectors Promoted

Aerospace, Defence, Agro/Food Processing, Gems & Jewellery, Logistics, Mining, Pharma, Chemicals, Renewable Energy, Textiles, IT/ITES, Automotive.

5. Infrastructure Development
   • Establish GCC Parks via public-private partnership model, offering integrated business ecosystems.
   • Common Facility Centres (CFCs): ready-to-use office space, co-working hubs, incubators.
   • Special Innovation Clusters for AI, FinTech, MedTech, LegalTech, Gaming, and more.
6. Talent & Workforce Development
   • Workforce upskilling, leadership development, and integration of industry-relevant skills (AI, cybersecurity, fintech, cloud).
   • GCC Talent Council for curriculum alignment and strategic planning.
7. Green & Sustainable Development
   • Mandatory LEED/IGBC-certified construction for GCCs.
   • Green Business Districts: walk-to-work, EV infrastructure, public transit integration.
   • Recognition for GCCs meeting carbon neutrality and ESG benchmarks.
8. Incentives Offered
   1. Fiscal Incentives:
      • Capital subsidy (20% of investment, capped by GCC size).
      • Rental assistance (10–20% of actual rent for 5 years).
      • Payroll subsidy (40–50% for high-skilled jobs; extra 10% for diversity hiring).
   2. Non-Fiscal Incentives:
      • Industry status with permission for 24×7 operations.
      • Reserved MIDC land, priority allotment for SC/ST, women, and disabled-promoted units.
      • Single-window clearances (MAITRI), comprehensive digital data repository for GCCs.
9. Implementation Mechanism
   • Dedicated Maharashtra GCC Growth Council and Policy Monitoring Unit for leadership, advisory, and oversight.
   • Annual budget for policy promotion, ecosystem building, and performance monitoring.
10. Convergence

Integrates and dovetails with other central/state startup, innovation, and technology policies—strengthening the GCC landscape.

Conclusion:
This Policy is a comprehensive blueprint to make Maharashtra the national leader for GCC investments, innovation, and high-skilled employment by leveraging robust incentives, infrastructure, talent, and sustainability focus. To read a more indepth analysis please see the PDF below.

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