Overview

• Invest UP’s June 10 conclave in Lucknow officially launched the Global Capability Centres Policy 2024 to attract multinational investments.
• Chief Secretary Manoj Kumar Singh highlighted the state’s economic transformation, investor-friendly stance and modern infrastructure as key drivers for GCC growth.
• TCS, Microsoft India and Trident were among companies that pledged to set up or expand capability centres, citing seamless approvals, land allocation and subsidies.
• The GCC Policy 2024 offers financial incentives, payroll subsidies, talent development provisions and R&D support to entice global firms.
• Invest UP announced future GCC conclaves in Bengaluru, Chennai and Hyderabad alongside plans for international roadshows with US and European think tanks.