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The Uttar Pradesh government has approved Standard Operating Procedures (SOPs) for Global Capability Centres (GCCs), a move expected to attract more multinational companies to the state. Industrial Development Minister Nand Gopal Gupta said the state is witnessing growing interest from multinational companies, with 21 companies already starting investments in the current financial year.

GCCs have become an increasingly important part of India’s IT industry, with many multinational companies setting up centres in the country to take advantage of its skilled workforce and favourable business environment. India is home to over 1750 GCCs, with many more expected to set up shop in the coming years.

The Uttar Pradesh government’s approval of SOPs for GCCs is part of its efforts to position the state as a preferred destination for investment. The state is already seeing significant interest from companies, with 21 companies starting investments in the current financial year. These investments are expected to generate significant direct and indirect employment opportunities in the state.

GCCs are centres set up by multinational companies in India to provide a range of services, including software development, IT support and business process management. These centres are often located in major cities and are staffed by skilled professionals. GCCs have become an important part of India’s IT industry, with many companies setting up centres in the country to take advantage of its skilled workforce and favourable business environment.

The Uttar Pradesh government’s approval of SOPs for GCCs is a significant step towards attracting more investment to the state. With its skilled workforce and favourable business environment, Uttar Pradesh is well-positioned to benefit from the growing trend of GCCs in India.