Introduction: Maharashtra GCC Policy 2025

The Maharashtra GCC Policy 2025 has positioned the state as one of India’s most attractive destinations for Global Capability Centres (GCCs). With a strong focus on innovation, digital transformation, talent development, and investment promotion, the policy aims to attract new GCC investments while creating high-value employment opportunities.

More importantly, the Maharashtra GCC Scheme offers a combination of financial and non-financial incentives that can significantly reduce project costs for eligible GCC units. Therefore, companies planning a GCC setup in Maharashtra should carefully evaluate the benefits available under the policy before making investment decisions.

We explain the eligibility criteria, GCC financial incentives in Maharashtra, subsidy structure, payroll support, interest subsidy, R&D grants, and other benefits available under the policy.

What is the Maharashtra GCC Policy 2025?

The Maharashtra GCC Policy 2025 has been introduced to attract approximately 400 new GCCs and create nearly 4 lakh high-skilled jobs across the state. The policy promotes GCC expansion not only in Mumbai and Pune but also in emerging cities such as Nagpur, Nashik, and Chhatrapati Sambhajinagar.

The policy focuses on:

• Global Capability Centre Maharashtra ecosystem development
• GCC Parks and business districts
• Innovation and R&D support
• Talent development
• Green GCC initiatives
• Investment promotion
• Financial incentives and subsidies
• Ease of doing business

GCC Classification Under Maharashtra GCC Policy 2025

Financial incentives depend on GCC classification.

GCC Category	Investment Criteria	Employees Required
Small GCC	₹50 crore – ₹150 crore	100–250
Medium GCC	₹150 crore – ₹250 crore	250–500
Large GCC	₹250 crore – ₹500 crore	500–1500
Mega GCC	₹500 crore – ₹750 crore	1500–3000
Ultra-Mega GCC	Above ₹750 crore	Above 3000

The higher the investment and employment generation, the greater the incentive potential.

Maharashtra GCC Financial Incentives 2025

This is the most important section for investors evaluating GCC Investment Maharashtra opportunities.

1. Capital Subsidy

The policy provides capital subsidy based on Fixed Capital Investment (FCI).

Capital Subsidy Limits

GCC Classification	Capital Subsidy
Small GCC	Up to ₹20 Crore
Medium GCC	Up to ₹30 Crore
Large GCC	Up to ₹50 Crore
Mega GCC	Up to ₹100 Crore

Key Conditions

• Small GCC: Up to 20% of eligible investment.
• Medium GCC: Up to 20% of eligible investment.
• Large GCC: Up to 20% of eligible investment.
• Mega GCC: Up to 20% of eligible investment, subject to prescribed limits.
• Ultra-Mega projects may receive customized support through separate approvals.

For companies planning GCC Setup in Maharashtra, capital subsidy can substantially reduce initial project expenditure.

2. Payroll Subsidy

One of the most attractive Maharashtra GCC Incentives is payroll support.

Payroll Subsidy Benefits

Zone	Benefit
Zone I	30% of annual payroll reimbursement
Zone II	40% of annual payroll reimbursement

Maximum Support

GCC Category	Maximum Payroll Subsidy
Small	Up to ₹1 Crore
Medium	Up to ₹2 Crore
Large	Up to ₹3 Crore
Mega & Ultra Mega	Up to ₹5 Crore

The subsidy is available for up to five years.

Additional Diversity Incentive

New and existing GCCs maintaining at least 50% diversity hiring, including women and persons with disabilities, can receive an additional payroll subsidy benefit.

This provision makes Maharashtra one of the most competitive destinations for employment intensive GCC operations.

3. Interest Subsidy

The policy offers interest support for eligible loans.

Interest Subsidy

Benefit	Incentive
Interest Subsidy	Up to 25% of eligible term loan interest

Maximum Benefit

• Available for up to 5 years.
• Subject to prescribed annual limits.
• Applicable on eligible project investments.

This incentive directly lowers borrowing costs and improves project viability.

4. Power Tariff Subsidy

To reduce operating costs, eligible GCC units can receive power tariff support.

Incentive

Particulars	Benefit
Power Tariff Subsidy	₹1 per unit reimbursement

Duration

• Available for up to 5 years.
• Applicable from the date of commencement of operations.

Since power expenses contribute significantly to operational costs, this incentive improves profitability over the long term.

5. Electricity Duty Exemption

Eligible GCC units are entitled to electricity duty exemption.

Benefit

Particulars	Incentive
Electricity Duty Exemption	100% exemption for 10 years

This incentive reduces recurring utility costs and supports long-term operational sustainability.

6. Stamp Duty Exemption

The Maharashtra GCC Scheme also offers stamp duty benefits.

Incentive

Particulars	Benefit
Stamp Duty Exemption	100% exemption

This significantly reduces land acquisition and property transaction costs during GCC establishment.

7. Patent Filing Assistance

The policy encourages innovation and intellectual property creation.

Benefit

Particulars	Incentive
Domestic Patent Filing	Reimbursement up to ₹5 lakh
International Patent Filing	Reimbursement up to ₹10 lakh

For technology driven GCCs, patent support improves innovation economics.

8. Green Building Certification Support

The policy promotes sustainable development.

Incentive

Certification	Benefit
LEED / IGBC / GRIHA	Reimbursement up to 30% of certification cost

Organizations pursuing ESG goals can reduce certification expenses while strengthening sustainability credentials.

9. Research & Development (R&D) Grants

The Maharashtra GCC Policy 2025 strongly promotes innovation-led growth.

R&D Incentive

Particulars	Benefit
R&D Expenditure Support	Up to 25% reimbursement
Maximum Limit	Up to ₹2 Crore per GCC per year

Additional support may be available for joint research programs with Maharashtra-based academic institutions.

This is particularly beneficial for AI, cybersecurity, fintech, healthcare technology, semiconductor, and engineering R&D GCCs.

10. Internship Support Under CMYKVY

The policy supports talent development through internship assistance.

Benefit

Particulars	Incentive
Internship Support	Up to ₹10,000 per month per intern
Maximum Coverage	Up to 500 interns

This initiative helps GCCs build future-ready talent pipelines while reducing hiring costs.

Non-Financial GCC Policy Benefits Maharashtra

Apart from subsidies, the policy includes several strategic advantages.

GCC Park Maharashtra Development

Dedicated GCC Parks are proposed to provide:

• Plug-and-play infrastructure
• Digital connectivity
• Smart office spaces
• Sustainable campuses
• Integrated work-life ecosystems

These parks are expected to become hubs for multinational corporations and innovation-led enterprises.

24×7 Operations Support

The policy allows GCC units to operate continuously, supporting global delivery models and international business requirements.

Reserved Land in MIDC Areas

A portion of MIDC-developed land is proposed for GCC projects, improving access to strategically located industrial and commercial spaces.

Conclusion

The Maharashtra GCC Policy 2025 is one of the most comprehensive state policies for Global Capability Centres in India. Through capital subsidy, payroll subsidy, interest subsidy, electricity duty exemption, stamp duty exemption, R&D grants, patent assistance, and infrastructure support, the policy creates a strong investment case for both new and expanding GCCs.

For companies exploring GCC Setup in Maharashtra, understanding the full range of Maharashtra GCC Incentives is essential to maximizing project viability and long-term returns.

With the right planning, compliance strategy, and incentive assessment, businesses can significantly reduce project costs while benefiting from Maharashtra’s growing Global Capability Centre ecosystem.

Call us now: +91 9373114747 or visit finraja.com/contact for quick assistance.