Article link: Gujarat
Govt unveils policy to set up 250 new Global Capability Centres - The Hindu
Business Line
Extract
from the article:
The Gujarat government has introduced a groundbreaking
policy to establish 250 new Global Capability Centres within the state.
This policy aims at transforming Gujarat into a premier hub
for Global Capability Centres by offering a wide array of incentives to attract
investments and foster growth in this sector.
By providing a conducive environment for these centres to
thrive, the state government is looking to boost economic development and
create employment opportunities.
The policy's focus on incentivizing the establishment of
such centres signifies a strategic move towards enhancing Gujarat's presence in
the global business landscape.
My
Take:
Congratulations,
Shri Vijaybhai Rupaniji
"In my blog post congratulating Shri Vijaybhai Rupani
for launching a revolutionary Solar Policy in Gujarat, I highlighted the
importance of providing additional benefits to promote renewable energy
initiatives.
Just like the solar policy aimed at incentivizing solar
power projects, the new policy for Global Capability Centres in Gujarat echoes
the significance of offering incentives to attract investments and spur
growth."
Skill
Capital of the World : Walking the Talk
"When Maharashtra launched 5 new ITIs tailored for
international placements and skill development to meet global demands, it
demonstrated a proactive approach towards addressing skill shortages.
Similarly, the Gujarat government's policy for establishing
Global Capability Centres aligns with the focus on skill development and
creating opportunities for international collaboration in the state."
"The efforts to streamline investment processes and
enhance the Ease of Doing Business index, as highlighted in my blog about
Maharashtra's initiatives, resonate with the Gujarat government's policy for
setting up Global Capability Centres.
Both instances showcase a commitment to facilitating
business operations and attracting investments by simplifying bureaucratic
procedures and offering support to investors."
Call
to Action:
To the Gujarat state government: Emphasize collaboration
with industry stakeholders and ensure streamlined processes to effectively
implement the policy for setting up Global Capability Centres.
Encourage transparency and accessibility in availing
incentives to attract a diverse range of investors and foster a thriving
ecosystem for these centres to flourish.
With regards,
Hemen Parekh
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