2 Lakh Jobs & Counting: Inside UP’s Grand GCC Strategy

The Uttar Pradesh government has approved the Global Capability Centres (GCC) Policy, aimed at attracting MNCs and strengthening IT, telecom, healthcare, automotive, and emerging technology sectors. The policy is expected to fuel both urban and rural development.

• The incentive package is remarkably comprehensive:
  • Operational subsidies covering leasing, power, cloud, and bandwidth costs.
  • Payroll reimbursement of up to ₹1.8 lakh/year for local employees, and ₹1.2 lakh for others, capped at ₹20 crore per year for three years.
  • Freshers’ hiring subsidy: ₹20,000 per UP-domicile graduate, for at least 30 hires annually over five years.
  • Internship support: 50% subsidy (max ₹5,000/month), for up to 50 interns per year.
  • Training grants: ₹50,000 per employee for skill development or 50% of training costs, capped at ₹50 lakh per year.
  • Additional support for R&D, innovation, startups, IPR, capital, land, SGST, and interest subsidies.
• The policy aims to create around 2 lakh jobs across IT, analytics, HR, customer support, and finance, with development extending beyond NCR to cities like Varanasi, Kanpur, and Prayagraj.

Uttar Pradesh is no longer just a hinterland in India’s tech growth story; this policy signals its transformation into a strategic GCC destination. The rich mix of incentives, talent pipeline, and geo-spread city hubs demonstrates a calculated step toward long-term economic modernization.

Read more at Times of India