Committed to attracting 500 new global capability centres to create 3.5 lakh jobs, says Karnataka Chief Minister
Karnataka Chief Minister D.K. Shivakumar announced plans to attract 500 new Global Capability Centres (GCCs) to the state by 2029, aiming to create 3.5 lakh jobs. The initiative focuses on AI, R&D, and infrastructure development to maintain the state's competitive edge.
Why it matters
The growth of GCCs is a primary driver of high-value employment and economic output in India's technology sector.
Chief Minister D.K. Shivakumar on Wednesday met over 200 global capability centres (GCC) leaders, corporate heads and senior government officials to discuss the priorities shaping the next phase of Karnataka’s GCC ecosystem.
The article reports on government development goals and industry engagement without bias.
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