Invest UP named nodal agency as Yogi government pushes high-skill investment, R&D-led growth, and large-scale employment creation
The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, has approved the Standard Operating Procedures (SOP)-2025 for the effective implementation of the Uttar Pradesh Global Capability Centres (GCC) Policy-2024, marking a decisive step towards positioning the state as a global hub for high-end services and innovation-led investment.
With the clearance of the rules, the state government expects a fresh surge in global investments, particularly across information technology, research and development, analytics, engineering, finance, and other knowledge-driven services. The SOPs will come into effect from the date of notification of the GCC Policy-2024 and will remain operational until amended or withdrawn by the state government.
Under the approved framework, Invest UP has been designated as the nodal agency to facilitate, coordinate, and accelerate GCC investments across the state. The rules are aimed at ensuring time-bound approvals, streamlined incentive disbursement, and end-to-end regulatory facilitation for both Indian and multinational companies setting up captive global capability centres in Uttar Pradesh.
Commenting on the cabinet decision, Industrial Development Minister Nand Gopal Gupta Nandi said the state’s investment climate has improved significantly, resulting in growing interest from large domestic and global enterprises. He noted that the introduction of SOPs will ensure effective execution of the GCC Policy and accelerate investments under the framework. According to the minister, 21 companies have already begun investing under the GCC model in the current financial year.
As per the rules, GCCs will function as captive units established by Indian or foreign companies to undertake strategic and high-value operations, including IT services, R&D, design, engineering, finance, HR, analytics, and knowledge services. To attract such investments, the state government has outlined a comprehensive incentive package covering land subsidies, stamp duty exemptions or reimbursements, capital and interest subsidies, operational expenditure support, payroll and recruitment incentives, EPF reimbursement, and talent development and innovation-linked benefits.
In addition to financial incentives, the policy framework provides for technical assistance, industry linkages, regulatory support, and a structured mechanism for faster approvals and incentive disbursement. All incentives under the GCC framework will be over and above benefits available under central government schemes.
The move is being widely seen as a strategic push by the Yogi government to drive high-skill employment, strengthen Uttar Pradesh’s services economy, and establish the state as a globally competitive destination for GCC-led investments.