Is Maharashtra Set to Emerge as a GCC Hub?
Synopsis
Key Takeaways
- Maharashtra is set to become a major GCC hub.
- Brookfield to build Asia's largest Global Capability Centre in Mumbai.
- Creation of 45,000 jobs anticipated.
- Microsoft prioritizes Maharashtra for a $17 billion investment.
- Innovative AI solutions for crime control are being implemented.
Nagpur, Dec 12 (NationPress) Chief Minister Devendra Fadnavis revealed on Friday that a significant milestone has been reached in the mission to transform Maharashtra into a Global Capability Centre (GCC) Hub.
Brookfield is poised to construct Asia's largest Global Capability Centre in Mumbai, covering around 2 million square feet.
This initiative is projected to create approximately 45,000 jobs, comprising 15,000 direct and 30,000 indirect employment opportunities.
The Chief Minister emphasized that Maharashtra's abundance of talent, robust infrastructure, and a business-friendly atmosphere are positioning it as a prime location for establishing Global Capability Centres.
“The forthcoming GCC policy is expected to facilitate extensive skill-based employment generation and bolster economic growth,” he added.
Additionally, FedEx, a dominant name in logistics, is eager to invest in its GCC and other ventures in the vicinity of the Mumbai-Navi Mumbai airport, according to the government's announcement.
The Chief Minister also mentioned that he has urged Microsoft to contemplate further investments in Maharashtra, highlighting that their most substantial existing investment is already within the state.
He expressed optimism that Microsoft will commit to a significant investment soon, aiming to position Maharashtra as a hub for Artificial Intelligence (AI).
According to him, Maharashtra's innovative crime control model utilizing Artificial Intelligence serves as a guiding framework for the nation.
Chief Minister Fadnavis confirmed that Microsoft has prioritized Maharashtra for its largest investment in India, which is valued at $17 billion.
He also showcased the 'Marble' platform developed by Maharashtra, designed to identify cyber and financial crimes within 24 hours, a significant improvement from the previous duration of 3-4 months.
This advancement has not only saved people's finances but has also accelerated the criminal tracking process.