This just in:

State PCS



State PCS - Uttar Pradesh (UP PCS)

  • 08 May 2025
  • 2 min read
  • Switch Date:  
Uttar Pradesh Switch to Hindi

Global Service Centre in UP

Why in News? 

To attract global investment, the Uttar Pradesh government has approved the Global Capability Centres (GCC) Policy. 

Key Points 

  • About the Policy:  
    • The policy aims to drive UP toward its ambitious goal of becoming a USD 1-trillion economy. 
    • Officials expect the policy to attract global players in IT, banking, healthcare, engineering, and next-generation technologies. 
    • The policy offers attractive incentives and has been framed after studying global best practices. 
  • Technologies Covered by GCCs: 
  • Sectors and Companies Already on Board: 
    • Global firms in banking, financial services, insurance, automotive, electronics, and semiconductor manufacturing have begun operations in UP. 
    • Microsoft has laid the foundation for a 10,000-seater development centre in Noida. 
    • MAQ Software has set up a 3,000-seater engineering centre. 
    • The state is also working to attract GCCs to Varanasi, Kanpur, and Prayagraj, alongside Noida and NCR. 

Global Capability Centers (GCCs) 

  • GCCs represent offshore establishments set up by companies to deliver a range of services to their parent entities. 
  • Operating as internal entities within the global corporate framework, these centres offer specialised capabilities including IT services, research and development, customer support, and various other business functions. 
  • GCCs play a crucial role in capitalising on cost efficiencies, tapping into talent reservoirs, and fostering collaboration between parent enterprises and their offshore counterparts. 
  • Special Economic Zones (SEZs) can provide a fertile ground for GCCs to flourish by offering several advantages like tax breaks, simplified regulations and streamlined bureaucracy.  

close
SMS Alerts
Share Page
images-2
images-2