Global Capability Centers Policy to Usher in a New Era of Investment and Innovation: Chief Minister Dr. Yadav

Chief Minister Dr. Mohan Yadav has announced that the state government launched the “Madhya Pradesh Global Capability Center (GCC) Policy 2025,” a significant step towards attracting multinational corporations and establishing the state as a digital and technology hub. This policy will serve as a milestone in advancing Prime Minister Narendra Modi’s vision of Aatmanirbhar Bharat (Self-Reliant India) and Digital India.

The Global Investors Summit 2025, to be held in Bhopal, will be the biggest platform to showcase this policy at the global level. Prime Minister Narendra Modi will inaugurate the summit on February 24, further strengthening Madhya Pradesh’s investment landscape. Chief Minister Dr. Mohan Yadav will effectively present this policy before global investors, industrialists, and policymakers, propelling the state to new heights in the GCC sector. The summit is expected to bring in a large number of investment proposals in the GCC space, transforming the Economic landscape of the state.

GCC: The New Global Business Hub

Global Capability Centers (GCCs) are centres established by international companies in countries outside their headquarters. Their objective is to ensure seamless global operations and leverage cutting-edge technologies. These centres provide software development, artificial intelligence, cloud computing, data analytics, financial services, research and development, supply chain management, and customer support services.

Currently, India has become the world’s largest GCC hub, with over 1,600 operational GCCs. Madhya Pradesh is fully geared up for rapid growth in this sector. The new policy is particularly focused on attracting investments in IT, finance, engineering, and business process outsourcing (BPO), with the potential to transform the state’s industrial landscape.

Under Chief Minister Dr. Yadav’s leadership, Madhya Pradesh has emerged as one of India’s fastest-growing investment destinations. The state has made significant improvements in ease of doing business. The state machinery has developed IT infrastructure and continuously worked to attract investors. The Madhya Pradesh State Electronics Development Corporation Limited (MPSeDC) has been designated as the nodal agency for implementing this policy, ensuring comprehensive support.

A special Policy Implementation Unit (PIU) is also being established to accelerate the setup of GCCs in the state. The PIU will oversee incentive allocations, project approvals, and compliance monitoring, ensuring that investors receive all necessary facilities on time and can swiftly initiate their projects in the state.

Madhya Pradesh: A Preferred Destination for Investors

Madhya Pradesh offers a favourable environment for GCCs. In the past three years, the state’s IT/ITES exports have tripled, with an annual growth rate of 43%. Cities like Indore, Bhopal, and Jabalpur are rapidly emerging as IT and Electronics System Design & Manufacturing (ESDM) hubs. The state boasts over 300 engineering colleges, graduating more than 50,000 technology students annually.

For investors, the state offers cost-effective business operations, state-of-the-art technology parks, Special Economic Zones (SEZs), and streamlined regulatory processes. Madhya Pradesh ranks 4th in Ease of Doing Business proving its investor-friendly environment.

GCC Policy 2025: A Foundation for Economic Transformation

The Madhya Pradesh GCC Policy 2025 is a transformational initiative that will play a crucial role in helping India achieve its $110 billion GCC market goal by 2030. Focusing on innovation, infrastructure, and incentives, the policy will make Madhya Pradesh a top destination for global corporations to establish and expand their GCC operations.

The upcoming Global Investors Summit 2025 will serve as the biggest platform to showcase this initiative to international investors, with historical investment proposals expected for the state. The presence of Prime Minister Narendra Modi will add further significance to the event. With the implementation of this policy, Madhya Pradesh is set to enter a new era of innovation, technology, and job creation, providing global employment opportunities for the state’s youth and accelerating its economic growth.