Lucknow: In a major initiative to attract investments under the Global Capability Center (GCC) Policy 2024, Invest UP, the state’s premier investment promotion agency, organized a high-level conclave at the Taj Hotel in Lucknow. The event drew participation from leading global tech firms, policymakers, multinational corporations, and industry stakeholders who deliberated on making Uttar Pradesh a rising hub for GCCs.
Chief Secretary Manoj Kumar Singh, inaugurating the conclave, welcomed participants and emphasized the state’s remarkable transformation into a top investment destination. He attributed the growth to investor-friendly policies, robust infrastructure, and a skilled workforce. Highlighting that Noida–Greater Noida are emerging as primary GCC hubs, he also pointed to development in tier-2 and tier-3 cities and land bank expansion in Jhansi to position Bundelkhand as a future industrial hotspot.
“From Delhi to Davos, I’ve heard only optimistic feedback about UP’s transformation. Under CM Yogi Adityanath’s visionary leadership, the state has doubled its economic size in just eight years. If we strengthen the agriculture sector further, UP’s GDP can rise exponentially,” Singh remarked.
The conclave spotlighted four key areas:
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Real estate and commercial spaces with focus on upcoming CREDAI guidelines
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Skilled workforce supported by quality educational institutions
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Improving business ecosystems
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Infrastructure development
More than 20 companies, including Microsoft, TCS, HCL, Deloitte, Trident, Velocis Systems, SRK Gamechangers, and Genrobotics, actively participated. Many expressed their commitment to invest in UP’s growing GCC ecosystem. A roadmap was also discussed for upcoming GCC-focused events in Bengaluru, Chennai, and Hyderabad, along with international roadshows in Europe and the U.S.
Microsoft India’s Varun Ramanan praised UP’s seamless support in approvals and subsidies during their expansion from Hyderabad to Noida.
NASSCOM North India Head Amit Verma commended the evolving GCC ecosystem and UP’s efforts in talent development.
Alok Kumar, Principal Secretary (Infrastructure & Industrial Development), stressed that “a developed India needs developed states,” reinforcing the government’s support for GCC-linked investments.
Anurag Yadav, Principal Secretary (IT & Electronics), outlined opportunities in IT/ITES and BPM sectors driven by robust digital infrastructure.
Rajeev Agrawal, founder of MAQ Software, spoke on UP’s competitive edge as a tech-based business hub.
Housing Secretary P. Guruprasad underscored the need for strong infrastructure to support GCCs. Prathamesh Kumar, Additional CEO, Invest UP & Vice-Chairman of LDA, invited investors to explore Lucknow’s expanding commercial and IT zones.
TCS Lucknow Principal Consultant Amitabh Tiwari appreciated UP’s growing infrastructure, talent pool, and improving urban ecosystem. Trident Group board member Nirmaljeet Singh Kalsi announced plans to establish a GCC in Noida.
The event featured panel discussions, investor dialogues, and commitments, reaffirming UP’s readiness to become a global hub for innovation, business excellence, and investment.
Notable attendees included senior UP officials, industry leaders from Microsoft, NASSCOM, TCS, HCL, CREDAI, ASSOCHAM, and key representatives from Invest UP. The conclave reinforced Uttar Pradesh’s vision of becoming a prominent player in the global GCC landscape.
