Bhubaneswar: In a major step toward strengthening its global business footprint, the Government of Odisha has approved the Odisha Global Capability Centre (GCC) Policy 2025, aiming to position the state as a leading hub for multinational corporations (MNCs) establishing Global Capability Centres. The policy, cleared by the State Cabinet on Friday, seeks to attract top global companies by offering a competitive ecosystem supported by world-class infrastructure, high-quality talent and progressive incentive frameworks.
Over the past decade, Odisha has emerged as a promising destination for IT and IT-enabled Services (ITES), boosted by a favourable policy environment and a growing skilled workforce. With global corporations increasingly expanding into Tier-II cities for cost efficiency and talent access, the government believes Odisha is now poised to become a prime GCC destination, said the Electronics & Information Technology Department in a release following the cabinet meeting. Aligned with the state’s long-term development vision under Viksit Odisha 2036 and 2047, the policy aims to drive investments of over Rs 1,000 crore, establish at least five modern GCC hubs, and create more than 50,000 direct and indirect job opportunities. The hubs are planned across key economic corridors, including Bhubaneswar–Cuttack–Puri–Paradip and Bargarh–Jharsuguda–Sambalpur regions, ensuring equitable development beyond the capital.