Commercial

Uttar Pradesh government’s GCC policy to position Noida, Lucknow, Varanasi as tech hubs

LUCKNOW: The Uttar Pradesh government on Sunday said its Global Capability Centres (GCC) Policy 2024 focusses on attracting Fortune 500 companies and boost foreign direct investments, and aims to turn cities like Noida, Lucknow, Kanpur, and Varanasi as into hubs of technology and digital services. The policy outlines an ambitious plan to generate over 2 lakh high-paying jobs over the next five years, the state government said in a statement. Special incentives will be offered to attract investment from top global corporations. It will not only accelerate Uttar Pradesh’s economic growth, but will also open doors to a wide array…