Odisha Unveils Landmark GCC Policy 2025 to Attract Global Tech Investments
State targets 50,000 jobs, Rs 1,000 crore investment, and new hubs across key economic corridors
Bhubaneswar: Odisha has taken a decisive step toward expanding its global business presence with the State Cabinet approving the Odisha Global Capability Centre (GCC) Policy 2025. The policy aims to position the state as one of India’s most attractive hubs for multinational corporations (MNCs) looking to set up Global Capability Centres, which function as integrated offshore units for technology, operations, and innovation.
The new policy, approved on Friday, promises a competitive environment backed by strong infrastructure, a rapidly growing talent pool, and a comprehensive incentive framework. Designed to align Odisha with global corporate expansion trends, it strengthens the state’s foothold in the IT and IT-enabled Services (ITES) sector—an area where Odisha has shown remarkable growth in the past decade.
Officials from the Electronics and Information Technology Department said the policy is timely, as many global companies are shifting operations to Tier-II cities to access skilled talent at lower costs. Odisha, they added, now has the ecosystem, talent readiness, and policy strength to emerge as a strategic GCC hub.
One of the policy’s most ambitious goals is job creation. The government anticipates the GCC ecosystem will generate more than 50,000 direct and indirect jobs, supported by investments exceeding Rs 1,000 crore. At least five modern GCC hubs are planned under the initiative. These will be strategically located along major economic clusters, including the Bhubaneswar–Cuttack–Puri–Paradip corridor and the Bargarh–Jharsuguda–Sambalpur industrial zone. This approach is intended to promote balanced development and move opportunities beyond the capital city.
The policy dovetails with the broader Viksit Odisha 2036 and 2047 vision, which seeks to position Odisha as a leader in knowledge-driven industries. To enable this shift, the GCC Policy 2025 introduces a multilayered incentive framework tailored to attract both domestic and global technology firms.
The incentives include subsidised land rates, support for lease rentals, skilled manpower development assistance, power tariff concessions, and reimbursement of State GST. Firms will also be eligible for benefits related to provident fund (PF), Employees’ State Insurance (ESI), research and development, and marketing support.
In addition to these, the policy features industry-specific benefits such as capital investment support, relocation incentives for companies expanding from other regions, co-working rental subsidies for early-stage GCCs, and assistance for student internships and high-volume hiring. Large-scale GCCs will receive customised incentive packages to encourage major multinational participation.
Officials noted that as the global GCC landscape grows rapidly—especially in areas like artificial intelligence, cybersecurity, data analytics, and financial services—Odisha aims to seize the opportunity by strengthening its digital infrastructure and workforce capabilities.
The policy also establishes a Policy Advocacy & Vision Group (PAVG) to guide strategy and ensure industry alignment. The Odisha Computer Application Centre (OCAC) will be the nodal agency responsible for implementation, monitoring, and coordination across departments.
With its approval of the GCC Policy 2025, the Odisha government aims to accelerate economic diversification, create high-quality employment, and place the state prominently on the global technology map. It marks a major leap in the state’s digital transformation journey, and officials believe the policy will significantly boost Odisha’s competitiveness and appeal among multinational corporations seeking stable, future-ready destinations in India.
