What Kerala offers a Global Capability Centre, the cities that qualify, and how to treat the numbers honestly.
The Kerala IT Policy 2023 offers a 20 percent subsidy on commercial lease rates for a unit's first year in a state IT park, plus mature plug-and-play SEZ and non-SEZ space across Technopark (Thiruvananthapuram), Infopark (Kochi) and Cyberpark (Kozhikode). The same incentives extend to approved private IT parks, all of which are being 5G-enabled.
Source: Kerala IT Policy 2023, Kerala IT Mission. Eligibility and amounts are conditional. Pithonix names every incentive and routes the sign-off to a licensed partner who carries the professional indemnity.
India now hosts 2,117 GCCs across 3,728 units, employing 2.36 million professionals and generating $98.4 billion a year, with 2,500+ projected by 2030 (Source: NASSCOM Research, Zinnov and UnearthInsight).
The Kerala IT Policy 2023 offers a 20 percent subsidy on commercial lease rates for a unit's first year in a state IT park, plus mature plug-and-play SEZ and non-SEZ space across Technopark (Thiruvananthapuram), Infopark (Kochi) and Cyberpark (Kozhikode). The same incentives extend to approved private IT parks, all of which are being 5G-enabled.
In Kerala, Kochi are the leading GCC locations covered here.
No. Several headline incentives are conditional or discretionary. Treat them as a plan to pursue and confirm the current quantum with the state and your advisers.
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