October 6, 2025: The Maharashtra Cabinet has approved a new policy to promote the establishment of Global Capability Centres (GCCs), aiming to set up 400 centres and create 400,000 high-skilled jobs over the next five years.
The policy, which will remain in effect until the end of fiscal year 2029–30 or until a new framework is introduced, seeks to integrate industry-driven curricula into higher education, encourage cutting-edge research, and equip the state’s workforce with advanced digital and technical skills. Officials say it is intended to attract knowledge-intensive investment, foster multinational collaboration, and support GCC-led research initiatives.
State authorities have emphasised that the initiative will expand GCC activity beyond established hubs such as Mumbai and Pune into tier-2 and tier-3 cities including Nashik, Nagpur, and Chhatrapati Sambhajinagar, with the goal of creating new economic centres and reducing regional disparities.
To govern the policy, a Maharashtra GCC Growth Council will be set up to act as a think tank and advisory body, ensuring alignment with regional priorities, global business trends, and industry-specific workforce needs. Dedicated GCC parks will feature “walk-to-work” layouts and plug-and-play office infrastructure, while specialised clusters will be developed under flagship projects such as Innovation City and the Maharashtra Global Med Zone.
The Cabinet has also announced financial incentives for investors. Small units investing Rs 50 crore will receive a one-time capital subsidy of Rs 10 crore, medium units with investments of Rs 100–250 crore will receive Rs 20 crore, and large units investing Rs 250–300 crore will be eligible for Rs 50 crore. Reimbursements will also be provided for rent, green certification, patent filing, and research and development expenses.
Non-financial support includes industry status for GCCs, additional floor space index concessions, a critical infrastructure fund, zoning relaxations, and a single-window clearance mechanism.
India currently hosts over 1,600 GCCs employing more than 1.7 million professionals, with Maharashtra accounting for a significant share. The new policy aims to strengthen the state’s position in the national and global GCC market while promoting economic growth across emerging cities.
Source: People Matters
