Industry leaders are in favour of a comprehensive policy framework to attract multinational corporations to set up Global Capability Centres (GCCs). While Calcutta offers a strong talent base and cost advantages, a structured incentive regime is essential to compete with other states aggressively courting such investments. ADVERTISEMENTThe need for a focused policy framework was among the panel discussions at a Confederation of Indian Industry (CII) session on positioning Calcutta as eastern India’s gateway for GCC investments on Monday. “Specifically focusing on GCCs, we need to have a well-established framework,” said Rajaram Somani, head of GCC at Indorama Ventures. He added that companies require plug-and-play infrastructure to enable faster project execution and suggested that a GCC policy could be aligned with the state’s data centre policy amid rising adoption of artificial intelligence technologies.
