Govt. of AP issued the Andhra Pradesh Information Technology (IT) & Global Capability Centers(GCC) Policy (4.0) 2024 -2029

Dec 30, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Information Technology, Electronics & Communications (ITE&C) on December 12, 2024, issued the Andhra Pradesh Information Technology (IT) & Global Capability Centers(GCC) Policy (4.0) 2024 -2029.

The following has been stated namely: -

• It aims to position Andhra Pradesh as an IT leader by fostering innovation, infrastructural development, and flexible careers while leveraging deep tech, AI, and a skilled workforce to drive a sustainable and inclusive digital economy.

• The policy focuses on creating a global talent hub with mass employment, enhancing human capital through continuous skilling, prioritizing advanced deep tech, and enabling ease of living and working through technology.

• It provides the policy’s framework: It shall adopt a 3-model approach with tailored incentives for developers, users, and large projects to address diverse stakeholder and value chain needs.

• The operating guidelines for this policy will be issued separately detailing the definitions of various terminologies and procedures for availing incentives under this policy.

Detailed notification is attached below.

[Notification no. - G.O.Ms.No.9]


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