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Madhya Pradesh GCC Policy 2025: A Game Changer for Global Innovation

Madhya Pradesh GCC Policy 2025: A Game Changer for Global Innovation
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Madhya Pradesh GCC Policy 2025: A Game Changer for Global Innovation

CategoryDetails
Policy NameMadhya Pradesh GCC Policy 2025
ObjectiveEstablish Madhya Pradesh as a leading hub for global innovation and collaboration through Global Capability Centers (GCCs).
Nodal AgencyMadhya Pradesh State Electronics Development Corporation Limited (MPSeDC)
Key Features- Incentives for capital expenditure, payroll, upskilling, and R&D.- Focus on IT, finance, engineering, human resources, AI, and cybersecurity.
Target SectorsIT, finance, engineering, human resources, emerging technologies (AI, cybersecurity).
DecentralizationFirst dedicated framework for GCC growth in tier-2 cities, shifting business hubs beyond metro cities.
Employment TargetAttract over 50 GCCs, generate more than 37,000 direct jobs.
Foreign InvestmentsFacilitates foreign investments and infrastructure development.
InfrastructureOver 5 Special Economic Zones (SEZs), 15+ IT parks, 150+ Electronics System Design and Manufacturing (ESDM) units. Key IT hubs: Indore, Bhopal, Jabalpur.
Ease of Doing BusinessRanked 4th in Ease of Doing Business Rankings (2023).
Policy ImplementationPolicy Implementation Unit (PIU) to manage project approvals, incentive allocation, and compliance monitoring.
Global GoalsContributes to India's vision of a USD 110 billion GCC market by 2030.
Examples of GCCsGeneral Electric (GE) in Bangalore (R&D, engineering), Nestle in Lausanne, Switzerland (product development, innovation).

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