Karnataka’s Vision for Global Capability Centres (GCCs)

Karnataka is positioning itself as a global hub for innovation and technology with its draft policy to double the number of Global Capability Centres (GCCs) to 1,000 by 2029. This ambitious initiative is expected to create 350,000 jobs and generate $50 billion in economic output.

The policy offers attractive incentives, including rent reimbursement, patent fee subsidies, and electricity duty exemptions. As Karnataka fosters an ecosystem for technology and innovation, it continues to strengthen its reputation as India’s Silicon Valley.