Madhya Pradesh Rolls Dedicated GCC Policy to Support Innovation

Madhya Pradesh has become the first state in India to introduce a dedicated Global Capability Centre (GCC) policy, aiming to position itself as a leading destination for global innovation and collaboration. The Madhya Pradesh GCC Policy 2025 offers a range of incentives, including capital expenditure support, payroll benefits, upskilling initiatives, and funding for research and development. A designated nodal agency will oversee the policy’s execution, according to a government statement.

The policy focuses on key sectors such as IT, finance, engineering, human resources, and emerging technologies, with special emphasis on artificial intelligence (AI) and cybersecurity. This pioneering initiative is India’s first structured framework aimed at promoting GCC growth in tier-2 cities, marking a shift toward decentralizing business hubs away from traditional metropolitan areas.

The initiative aims to attract over 50 GCCs and create more than 37,000 direct jobs, establishing Madhya Pradesh as a center of excellence for IT/ITeS, advanced analytics, R&D, and digital transformation. By fostering foreign investment and infrastructure development, the state seeks to build a thriving ecosystem catering to industries such as automotive, pharmaceuticals, logistics, textiles, aerospace, and cutting-edge technologies like AI and cybersecurity.

The policy was introduced ahead of Madhya Pradesh’s Global Investors’ Summit, scheduled for February 24-25 in Bhopal. The event aims to attract investment and showcase the state’s economic potential, highlighting its favorable business climate and robust industrial infrastructure.