Gujarat continues to position itself as a leading hub for Global Capability Centers (GCCs) with the introduction of the Gujarat GCC Policy 2025-2030. This policy aims to provide robust financial support through CAPEX, OPEX, and special incentives to attract investment and foster innovation.
Key Incentives Under Gujarat GCC Policy 2025-2030
CAPEX Support
To encourage infrastructure development, the policy offers:
- 20% support for Non-IT Infrastructure.
- 30% support for IT Infrastructure.
- Financial assistance of up to INR 50 Cr for Category 1 units with Gross Fixed Capital Investment (GFCI) < INR 250 Cr.
- Financial assistance of up to INR 200 Cr for Category 2 mega projects with GFCI >= INR 250 Cr.
OPEX Support
To ease operational expenses, the policy provides:
- 15% support on eligible operational expenditure.
- Bandwidth & Cloud Rental capped at 35% of eligible OPEX.
- Up to INR 20 Cr for Category 1 units with GFCI < INR 250 Cr.
- Up to INR 40 Cr for Category 2 mega projects with GFCI >= INR 250 Cr.
Special Incentives
Employment Generative Incentive (EGI)
To boost employment, the policy supports new job creation with:
- 50% of CTC as a one-time support.
- Up to INR 60,000 for female employees.
- Up to INR 50,000 for male employees.
Atmanirbhar Gujarat Rojgar Sahay
Aimed at promoting job security through EPF support:
- 100% EPF support for female employees.
- 75% EPF support for male employees.
- For a period of five years.
Interest Assistance
- 7% interest assistance on term loans.
- Up to INR 1 Cr per annum for five years.
Electricity Duty Incentive
- 100% exemption from electricity duty for five years.
Other Incentives
Skilling of Local Talent
- Direct Benefit Transfer (DBT) of up to INR 50,000:
- 50% reimbursement for working professionals.
- 75% reimbursement for undergraduate/graduate students.
Quality Certification Support
- 80% reimbursement of certification costs.
- Up to INR 10 Lakh.
- For up to five certifications.
Additional Incentives Under Gujarat IT/ITeS Policy (2022-27)
- GCCs can claim incentives under:
- ICT & Deep Tech Incubators.
- ICT & Deep Tech Accelerators.
- Startups using GCC incubation/acceleration can avail incentives under ICT & Deep Tech Startups.
Conclusion
The Gujarat GCC Policy 2025-2030 reaffirms the state’s commitment to making Gujarat a preferred destination for GCCs by offering comprehensive financial and operational support. With a focus on infrastructure, employment, skill development, and technological innovation, this policy is poised to attract global investments and strengthen Gujarat’s standing in the IT and business ecosystem.
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Published on: February 11, 2025