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The Rajasthan government has taken a significant step towards establishing the state as a leading destination for global technology and business services with the approval of the Global Capability Centre (GCC) Policy-2025. The policy aims to attract over 200 GCCs by 2030, generating employment for nearly 1.5 lakh professionals.

The GCC sector has been a key focus area for Indian states, with many governments offering incentives and infrastructure support to attract these centres. GCCs are offshore hubs that provide a range of services, including IT, business process outsourcing, and research and development, to multinational companies.

The Rajasthan government has identified key cities, including Jaipur, Udaipur, and Jodhpur, as GCC hubs. These cities will be developed with the necessary infrastructure and support to meet international business standards, and accommodate large-scale global operations.

To attract companies, the Rajasthan government will provide a range of incentives, including:

– Subsidies and financial incentives for GCC set-up and operations

– Infrastructure support, including office space, connectivity, and utilities

– Facilitation of the ease of doing business through single-window clearance systems

“Rajasthan is poised to become a competitive global investment destination, promoting economic growth, technology adoption, and employment generation,” said Rajyavardhan Singh Rathore, Industry Minister. “Our GCC policy is designed to attract multinational companies and create a sustainable economic ecosystem.”

The GCC policy is part of Rajasthan’s larger strategy to boost knowledge-driven employment and strengthen its position in the global IT and business services sector. By fostering innovation and collaboration, the state aims to attract international companies and talent while creating a sustainable economic ecosystem.

India has become a popular destination for GCCs, with many multinational companies setting up centres in cities like Bengaluru, Hyderabad, and Pune. The GCC sector has been a significant contributor to India’s economy, generating employment and driving growth in the IT and business services sector.

Rajasthan is not alone in its bid to attract GCCs. Other Indian states, such as Karnataka, Tamil Nadu, and Maharashtra, have also launched initiatives to attract these centres. However, Rajasthan’s GCC Policy-2025 is expected to give the state a competitive edge in the global market.

The approval of the GCC Policy-2025 is a significant step towards establishing Rajasthan as a leading destination for global technology and business services. With its focus on infrastructure development, ease of doing business, and incentives, the state is well-positioned to attract multinational companies and create a sustainable economic ecosystem.