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Commercial

Uttar Pradesh pitches itself as India’s next Global Capability Centre Hub

Global Capability Centre
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Uttar Pradesh is positioning itself as India’s next major hub for Global Capability Centres (GCCs), with Invest UP joining hands with CREDAI to showcase the state’s talent pool, cost advantages, and industry-ready infrastructure.

Backed by the GCC Policy 2024—one of the most comprehensive incentive packages in the country—the state is pitching Noida, Lucknow, and several tier-2 cities as strategic hubs for IT-ITeS and global enterprises, while real estate developers commit to aligning commercial space supply with the state’s growth vision.

The state annually produces over 2 lakh STEM graduates, houses over 8,000 higher education institutions and offers a cost advantage of up to 40% compared to established hubs.

The policy offers capital and payroll subsidies, EPF reimbursements, and dedicated support cells to simplify investor onboarding. Adopting a hub-and-spoke model, it positions Noida as the global hub, Lucknow as an emerging hub, and tier-2 cities including Agra, Meerut, Kanpur, Gorakhpur, Varanasi, and Prayagraj as satellite centres.

CREDAI members pledged support by providing commercial spaces to IT-ITeS companies and GCC players, and are now aligning with Invest UP by listing and sharing their inventories. Developers such as Shalimar Group, BBD Viraj, Rishita Developers, and Eldeco Housing contributed key insights.

Upcoming projects—AI City, IT City, CG City in Lucknow, and YEIDA’s Fintech Park—were highlighted as major enablers for the GCC ecosystem.

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