Explained: What is a global capability centre, as named in Delhi’s new industrial policy?
The Delhi Cabinet, chaired by Chief Minister Rekha Gupta, has approved the Delhi Industrial Policy 2026, a 10-year roadmap with Rs 1,000 crore earmarked for the Mukhyamantri Udyamshree Yojana and incentives for new hires.
A global capability centre is a unit through which a global company runs functions such as technology, analytics or finance.
Delhi’s Industrial Policy 2026 offers GCCs up to Rs 50 crore for infrastructure.
Women-led GCCs can get up to Rs 60 crore.
The policy is a 10-year roadmap approved by the Delhi Cabinet.
Details take effect after formal notification.
The sectors named include IT and digital services, global capability centres, data centres, healthcare, research and development, urban logistics, circular economy and precision manufacturing.
The reports differ slightly on the sector list, with one naming waste management where another names circular economy, so the official notification should be checked for exact eligibility.
Support covers capital investment, workspace rent, hiring, research, certification, technology upgrades, energy efficiency and skill development, according to the reports.
An incentive of Rs 40,000 to Rs 50,000 will be provided for each new hire, according to the same reports.
IT and digital firms can receive up to Rs 10 crore for digital infrastructure, and women-led enterprises up to Rs 12 crore, according to the reports.
Global capability centres can receive up to Rs 50 crore for infrastructure, and women-led ones up to Rs 60 crore, according to the reports.
Healthcare projects can receive capital investment assistance of up to Rs 10 crore in general cases, and hospitals with at least 1,000 beds could qualify for up to Rs 100 crore, according to the reports.
Women-led enterprises get higher incentive ceilings, and employers hiring women will receive enhanced recruitment incentives, according to the reports.
Invest Delhi will function as a dedicated government agency to assist investors and promote investment, according to the reports.
The policy seeks to position Delhi as a hub for clean, technology-driven and knowledge-based industries, according to the reports.
The reports reviewed carried no reaction from industry bodies or opposition parties.
Secretariat Building, New Delhi (file image), Wikimedia Commons, CC BY 4.0
Follow Daily Viewer on InstagramBreaking news, explainers and stories in your feed.
Follow
