CII's Banerjee bets GCCs will lift India, $200bn by 2030

The Confederation of Indian Industry launched a comprehensive framework to transform how states develop Global Capability Centres across the nation. This strategic blueprint addresses the current concentration of 1,800 enterprise hubs within six major metropolitan areas. The initiative targets secondary and tertiary cities as potential locations for international business operations. States receive detailed guidance on infrastructure development, talent cultivation, and regulatory improvements. Digital advancement forms a central component of the recommended approach.

The framework establishes specialized facilitation units to serve as primary contacts for international investors. Tax benefits and equipment import exemptions create attractive conditions for global enterprises. Investment priorities focus on artificial intelligence computing resources and data center development. Partnerships between capability centers, emerging companies, and academic institutions drive technological innovation. Environmental sustainability and smart transportation systems enhance appeal for professional families seeking relocation opportunities.
 

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