The Government of Karnataka on October 07, 2024, issued a notification on the Draft Global Capability Center (GCC) Policy.
The following has been stated-
•This comprehensive approach aims to create a GCC ecosystem that is market-leading and a nurturing ground for a diverse and future-ready workforce, positioning Karnataka as a pioneering and responsible hub in the global business community.
•The Karnataka GCC Policy has been developed using a combination of deep industry research and expansive stakeholder discussions. During these discussions and research, the future of GCCs were understood and the objectives, incentives and action plan for the Policy is structured using those inputs.
•Create an investor-friendly business environment for GCCs to establish and expand their operations in Karnataka.
•Provide platforms that enable GCCs to collaborate seamlessly with Karnataka’s vibrant local innovation ecosystem. Position Karnataka as a global leader in Artificial Intelligence (AI) with the most comprehensive AI R&D ecosystem tailored for GCCs.
•Foster a research and development-driven environment focused on emerging technologies and deep-tech, making Karnataka a hub for cutting-edge innovation.
Last date to share suggestions and feedback is November 11, 2024.
