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'Centre to build GCCs with states'

Mint Mumbai

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September 18, 2025

The central government is committed to partnering with states in creating the right ecosystem for multinational corporations to set up their captive units in India, known as global capability centres (GCCs), and to enable smaller cities to compete with metros in this regard, finance minister Nirmala Sitharaman said on Wednesday.

Speaking at the Confederation of Indian Industry (CII)'s GCC business summit in Andhra Pradesh, Sitharaman said that in order to maximize India’s advantage for these units that contribute to technology development tapping into India

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