Karnataka has unveiled India’s first Global Capability Centres (GCC) policy, aiming to establish 500 new GCCs by 2029 and generate $50 billion in economic output. The state offers various incentives including reimbursement of skilling expenses and funding for innovation labs. This initiative is projected to create 3.5 lakh new jobs in Karnataka.
Related Posts
Adani Total Gas secures $375 million funding to expand city gas network
Adani Total Gas Ltd has secured USD 375 million from international lenders to accelerate the expansion of its city gas distribution network across 34 geographical […]
Peak XV cuts $2.8 billion startup fund by 16%
Peak XV Partners has reduced its $2.8-billion fund for India and Southeast Asia by 16% due to high valuations in private markets, particularly affecting late-stage […]