Invest UP presents state as GCC destination
Lucknow, Nov. 29 -- The Invest UP on Friday organised a GCC Roundtable Conference in Mumbai bringing together leading technology firms, global service providers and senior industry representatives to discuss the state's emergence as a high-growth destination for Global Capability Centres (GCCs).
Addressing the gathering, Alok Kumar, Principal Secretary, Planning Department and Nodal Officer for the One Trillion Dollar Economy Mission, said that Uttar Pradesh is positioned to become one of the world's most competitive destinations for GCCs.
Highlighting the GCC ecosystem, Kumar stated that the state already has a strong presence in IT, ITeS and ESDM sectors with companies such as Microsoft, Adobe, Infosys, Wipro, HCL, IBM, JP Morgan, Teleperformance and TCS operating across Noida-Greater Noida and Lucknow.
"The state government offers a highly attractive incentive package for service-sector investors, including 30-50% land subsidy, operational cost advantages including 20% support on lease rentals, internet bandwidth and power costs, and payroll subsidy of up to Rs 1.8 lakh per employee per year for three years," informed Kumar....
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