Daijiworld Media Network - Mumbai

Mumbai, Sep 30: The Maharashtra cabinet, led by chief minister Devendra Fadnavis, on Tuesday approved the Global Capability Centre (GCC) Policy 2025, aiming to position the state as a premier hub for multinational investment and innovation, in alignment with Viksit Bharat and Viksit Maharashtra 2047 missions.

The new policy is part of the state’s larger strategy to achieve its $1 trillion economy goal by 2030, while maintaining its lead in attracting both domestic and foreign direct investment. It seeks to encourage the expansion of GCCs beyond traditional metros into Tier-2 and Tier-3 cities, fostering inclusive, knowledge-driven growth.

The cabinet’s decision closely follows the Confederation of Indian Industry’s (CII) Model State GCC Policy, which p

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