Current Affairs - State - Discussion

Madhya Pradesh introduced India’s first Global Capability Centers (GCC) Policy 2025 with the goal of transforming Tier-2 cities like Indore, Bhopal, and Jabalpur into global business hubs. This policy aims to attract multinational corporations by providing a conducive business environment, infrastructure, and financial incentives. The policy not only enhances the state's global business standing but also decentralizes economic growth, supporting balanced development across India. It offers several benefits such as financial subsidies, R&D support, and simplified investment processes to make these cities more attractive to international businesses.