The Uttar Pradesh Cabinet has approved four Global Capability Centre (GCC) projects in Gautam Buddh Nagar with a combined investment of ₹1,709.84 crore. This decision aims to strengthen the state's GCC ecosystem, increase high-skilled business activities, and generate employment opportunities for skilled professionals.
- Havells India plans to invest ₹879 crore.
- LG Soft India commits ₹634 crore.
- Ameriprise India will invest ₹112.84 crore.
- MetLife Global Operations Support Centre will invest ₹84 crore.
- Projects will be located in Noida Authority and Embassy Oxygen Business Park.
- Incentives approved for Havells India and LG Soft India on a case-by-case basis.
- Ameriprise India and MetLife eligible for incentives under state policy.
What are Global Capability Centres (GCCs)?
Global Capability Centres are specialized facilities set up by multinational and large companies to perform various global business functions. These include technology development, research, financial services, digital operations, engineering, and other critical activities that support the company’s worldwide operations.
Which companies received approval for GCC projects in Uttar Pradesh?
The Uttar Pradesh Cabinet approved proposals from four companies under the Uttar Pradesh Global Capability Centre Policy-2024. These companies are Havells India, LG Soft India, Ameriprise India LLP, and MetLife Global Operations Support Centre Pvt Ltd.
What investments are planned by these companies?
Havells India plans to invest ₹879 crore, while LG Soft India has committed ₹634 crore. Ameriprise India will invest ₹112.84 crore, and MetLife Global Operations Support Centre will invest ₹84 crore. These investments will help develop the GCC infrastructure and support business growth in the region.
Where will these GCC projects be located?
Havells India and LG Soft India will set up their projects under the Noida Authority. Ameriprise India and MetLife will establish their centres at Embassy Oxygen Business Park, which is private land in Gautam Buddh Nagar.
What incentives will the companies receive?
The Cabinet has approved incentives for Havells India and LG Soft India on a case-by-case basis. Ameriprise India and MetLife will be eligible for incentives under the state’s existing policy. These incentives aim to encourage investment and support the companies’ operations.
How does this approval fit into Uttar Pradesh's investment strategy?
Finance Minister Suresh Kumar Khanna highlighted that the Uttar Pradesh Global Capability Centre Policy-2024 was notified on May 7, 2025, to position the state as a competitive investment destination nationally and internationally. The GCC Implementation Rules-2025 were issued on January 7, 2026, to guide the policy’s execution. The approval of these projects reflects the state’s commitment to attracting global business and creating skilled employment.
What was the approval process for these projects?
The proposals were reviewed by a high-level empowered committee chaired by the state’s chief secretary on July 10, 2026. Following the committee’s recommendations, the Cabinet granted approval, allowing the issuance of letters of comfort to the companies. This step formally supports the companies’ plans to establish their GCCs in the state.
