Bengaluru: The Karnataka federal government on Friday introduced the draft of India’s initially worldwide capacity centre (GCC) plan, focusing on developing 500 of these centres by 2029 and creating 3.5 lakh tasks.
The plan is anticipated to add $50 billion to the state’s economic situation in the following 5 years.
“Through this policy, we expect the GCC sector to grow at a compound annual growth rate of 12-14 per cent over the next decade and foresee Karnataka holding nearly 50 per cent of the national GCC market share by 2029,” Information Technology and Biotechnology Minister Priyank Kharge stated at the launch of the plan.
The draft plan, a very first for the nation, is out in the general public domain name for tips, arguments and remodel by stakeholders and market leaders.
The last plan launch is anticipated in the following 30-45 days, Kharge informed DH after the occasion.
The state federal government has actually revealed a multitude of rewards, consisting of repayment of teaching fellowship expenses for one lakh trainees, over the plan duration. Additionally, the state is additionally thinking about specific monetary rewards concerning staff member expense– consisting of repayment of staff member provident fund (EPF) payment.
In a significant motion of assistance to GCCs entering co-working areas, the federal government is providing to pay of uninhabited seats for the following 3 years. The state has actually additionally set aside Rs 100 crore ‘development fund’ to sustain joint study tasks in between academic community and GCCs.
Karnataka is home to over 570 GCCs, the highest possible in India, and leads the GCC skill with 35 percent of the overall labor force of the nation existing in the state. Around 1.2 million employees in the industry presently add $22.2 billion to the state’s economic situation.
Focussing on expert system (AI), the state federal government has actually revealed the establishing of an AI Skilling Council which will certainly check out establishing an educational program for it, with individuals from the market.
Additionally, it will certainly additionally develop a Centre of Excellence (CoE) for AI study in Bengaluru.
‘Beyond Bengaluru’ press
In line with the state’s ‘Beyond Bengaluru’ technique, the federal government will certainly develop 3 ‘Global Innovation Districts’, with modern modern technology parks. While among these parks will certainly be situated in Bengaluru, the various other 2 will certainly be somewhere else inKarnataka
Anchor financiers in these areas will certainly get unique rewards along with tasks from the Karnataka federal government.
Published 27 September 2024, 22:00 IST
