MP News: Madhya Pradesh Becomes First State to Launch Dedicated GCC Policy

In a landmark move, Madhya Pradesh has become the first state in India to introduce a dedicated Global Capability Centre (GCC) policy, positioning itself as a key hub for global innovation and collaboration. The Madhya Pradesh GCC Policy 2025 is designed to attract international businesses by offering strategic incentives across capital expenditure, payroll, upskilling, and research & development.

According to a state government note, a designated nodal agency will oversee the policy’s implementation, ensuring seamless execution. The initiative focuses on sectors such as IT, finance, engineering, human resources, and emerging technologies, with a particular emphasis on artificial intelligence (AI) and cybersecurity.

Driving Economic Growth and Decentralization

The policy marks a strategic shift towards decentralizing business hubs beyond traditional metro cities, promoting GCC growth in tier-2 locations. By targeting over 50 GCCs and creating more than 37,000 direct jobs, the initiative aims to establish Madhya Pradesh as a centre of excellence in IT/ITeS, advanced analytics, R&D, and digital transformation.

Madhya Pradesh is also looking to facilitate foreign investments and boost infrastructure development to cater to multiple industries, including automotive, pharmaceuticals, logistics, textiles, aerospace, and cutting-edge technologies.

Global Investors' Summit 2025 to Showcase Potential

The policy was unveiled ahead of Madhya Pradesh’s biennial Global Investors’ Summit, scheduled for February 24-25 in Bhopal. The summit aims to attract investors and showcase the state's economic strengths, highlighting its investment climate, skilled workforce, and industrial infrastructure.

With the state's IT/ITeS sector witnessing exponential growth—tripling exports in the past three years with an annual growth rate of 43%, Madhya Pradesh presents a compelling value proposition for businesses. The new GCC policy reinforces the state's ambition to become a preferred destination for global enterprises, driving job creation, innovation, and economic expansion.