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The Maharashtra cabinet on Tuesday approved the Global Capability Centre (GCC) 2025 policy, aimed at positioning the state as a leader in attracting global investments. The policy is expected to attract an investment of Rs 50,600 crore and generate an additional 4 lakh jobs between 2025 and 2030.

The GCC policy will focus on developing tier-2 and tier-3 cities such as Nashik, Nagpur, and Chhatrapati Sambhajinagar, providing incentives like additional land, essential infrastructure funds and property tax benefits. Maharashtra currently has 400 GCCs, offering jobs to about 4 lakh people and the new policy aims to establish another 400 GCCs, creating 4 lakh skilled workers.

Key Features of the Policy:

• Establish Maharashtra as the premier global destination for GCCs by hosting about 400 new GCCs.  
• Create 4 lakh high-skilled jobs by integrating industry-driven curricula, fostering cutting-edge research and equipping the workforce with advanced digital and technical skills. 
• Promote GCC-led research, foster multinational collaborations and attract high-value, knowledge-intensive investments. 
• Develop world-class business districts and a robust Digital Databank to map talent, resources and connectivity helping new GCCs identify optimal locations. 
• Propel Tier-2 and Tier-3 cities such as Nashik, Nagpur and Chhatrapati Sambhajinagar into the global GCC landscape creating new economic hubs and fostering balanced, technology-driven growth. 

The policy will promote priority sectors such as Aerospace & Defence, Agro & Food Processing, Gems & Jewellery, Logistics, Metals & Mining, Pharmaceuticals & Chemicals, Renewable & Green Energy, Textiles & Apparel, IT/ITES and Automotive by fostering specialised GCC clusters. 

These clusters provide access to a skilled talent pool, sector-specific infrastructure and research-driven innovations, enhancing efficiency and reducing costs. The policy is based on the pillars of providing easy access to skilled manpower, sector-specific infrastructure and research-driven innovations, ease of doing business, policy incentives, strengthening institutional framework and convergence with other policies and programmes of the Central and State Government. 

The GCC units under the Maharashtra Global Capability Centre Policy-2025 will be provided with fiscal and non-fiscal incentives as mentioned in the policy. The fiscal incentives mainly include Capital Subsidy or Rental Assistance, Payroll Subsidy, Interest Subsidy, Incentives on Incremental Investment, Patent Filing Assistance, Green Certification Assistance, Power Tariff Subsidy, Electricity Duty Exemption, Research and Development Grants, Internship Program Under the CMYKPY, Stamp Duty Exemption, Property Tax. Non-fiscal incentives include incentives like Industry Status to GCC, Additional FSI, Mix Use Permission, Open Access, Right of Way, Zoning Relaxation,  Reserved MIDC Land, Priority Allotment, Ease of Doing Business (EoDB), Digital Data Repository, Power Supply, Uninterrupted Water Supply, 24 X 7 Operations And Flexible Employment Conditions. 

“The incentives and facilities offered to the proposed GCC units under the Maharashtra Global Capability Centre Policy-2025 are expected to generate an investment of Rs.50,600 crore and approximately 4 lakh highly skilled jobs in the state,” a statement said.