Home GCCReal EstateKarnataka’s draft GCC Policy: Here are five things you should know

Karnataka’s draft GCC Policy: Here are five things you should know

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The Karnataka Government on September 27 launched a draft Global Capacity Centres (GCC) policy with the aim to attract 500 new GCCs by 2029, making the southern state the first in the country to launch a dedicated framework towards this segment.

Five key provisions set out in Karnataka’s draft GCC Policy (Representational photo)(Pexels)
Five key provisions set out in Karnataka’s draft GCC Policy (Representational photo)(Pexels)

GCCs are offshore captive centres of multinationals that handle support operations such as back-office functions, IT assistance and customer relationship management, among others. Some large…



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