Seven states, including Karnataka and Maharashtra, have come up with dedicated policies to facilitate establishment of 1,380 Global Capability Centres (GCCs) with a target to create an additional 12 lakh jobs by 2031, according to CBRE.
Real estate consultant CBRE on Friday released a report ‘The Policy Advantage: Powering India’s GCC Growth’.
As per the report, seven states — Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh — are targeting setting up of around 1,380 GCCs in their states with a cumulative target of creating about 1.18 million jobs by 2031.
“The speed at which state governments have moved to formalise dedicated GCC policies is unprecedented in India’s commercial real estate landscape,” said Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE.
“This reflects a broader recognition that these centres are no longer a peripheral component of India’s services economy, but a central pillar that states .
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