Key takeaways
- Uttar Pradesh Cabinet approves Rules 2025 to implement Global Capability Centres (GCC) Policy 2024.
- Invest UP designated as nodal agency to facilitate global investment and high-end service expansion.
- Policy aims to attract advanced R&D functions, moving beyond traditional IT services.
- State offers extensive incentives, including land subsidies and stamp duty exemptions, to attract GCCs.
- Twenty-one companies have already initiated investments in Uttar Pradesh this financial year.
The Uttar Pradesh Cabinet, chaired by CM Yogi Adityanath, has approved the Rules 2025 to operationalise the state’s Global Capability Centres (GCC) Policy 2024, as per an official announcement.
With the approval, Invest UP has been designated as the nodal agency for implementing the policy. The rules will come into effect from the date of notification of the GCC Policy 2024 and will remain in effect until amended or withdrawn by the state government.
Officials said the move is expected to accelerate inflows of global investment, expand high-end services and generate large-scale employment across the state.
Announcing the Cabinet decision, industrial development minister Nand Gopal Gupta Nandi said the state’s investment climate has improved significantly, drawing interest from major industrial groups and multinational companies.
“The GCC policy is highly beneficial for Uttar Pradesh and the SOP has now been brought in to ensure its effective implementation,” he said, adding that investment under the GCC framework is steadily rising, with 21 companies already beginning investments in the current financial year.
Under the approved rules, a GCC is defined as a captive unit set up by an Indian or foreign company to undertake strategic functions such as information technology, research and development, finance, human resources, design, engineering, analytics and knowledge services. The policy aims to move beyond traditional IT services to promote advanced R&D and high-value global functions.
To attract GCCs, the state has outlined an extensive incentive package. This includes front-end land subsidies, stamp duty exemption or reimbursement, capital and interest subsidies, operational expenditure support, payroll and recruitment incentives, EPF reimbursement, talent development and skill incentives and research and innovation-linked benefits. Special incentives may also be extended on a case-by-case basis.
Beyond financial support, GCC units will receive facilitation through technical assistance groups, industry linkages, regulatory handholding, time-bound application processing, streamlined approval and incentive disbursement mechanisms. The rules clarify that all incentives under the GCC framework will be in addition to benefits available under existing Indian government schemes.
The government has also specified that any legal disputes arising from the policy will fall under the exclusive jurisdiction of courts in Lucknow, and that incentive disbursements will follow the prevailing rules and government orders of the finance department.
Officials view the Cabinet’s decision as a significant milestone in the state’s ambition to emerge as a global services and innovation hub.
